In July 2024, the average monthly wage in Israel amounted to 13,591 Israeli shekels (roughly 3,650 U.S. dollars). This reflected a decline compared to the previous month. Overall, average monthly salaries increased during the observed period, peaking in March 2024 at a value of approximately 14,000 Israeli shekels.

In February 2023, the average monthly wage in the construction sector in Israel amounted to 11,963 Israeli shekels (around 3,200 U.S. dollars). This was a slight rise compared to the previous month. The average monthly salary in this industry fluctuated during the observed period, while it peaked in December 2022.

Minimum Wages in Israel increased to 5880 ILS/Month in 2024 from 5572 ILS/Month in 2023. This dataset provides - Israel Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In February 2023, the average monthly wage in the human health sector in Israel amounted to 8,667 Israeli shekels (roughly 2,300 U.S. dollars). This was a slight decrease compared to the previous month. Overall, the average monthly salary in this sector increased during the observed period, with slight fluctuations. In August 2022 the average salary in this sector reached 9,717 Israeli shekels.

Key information about Israel Household Income per Capita

• Israel Annual Household Income per Capita reached 24,647.808 USD in Dec 2022, compared with the previous value of 23,048.844 USD in Dec 2021.
• Israel Annual Household Income per Capita data is updated yearly, available from Dec 2005 to Dec 2022, with an averaged value of 15,765.410 USD.
• The data reached an all-time high of 24,647.808 USD in Dec 2022 and a record low of 9,378.883 USD in Dec 2005.
• In the latest reports, Retail Sales of Israel grew 4.326 % YoY in Apr 2024.

CEIC calculates Annual Household Income per Capita from Monthly Household Income multiplied by 12, and Average Household Size. CEIC converts Annual Household Income per Capita into USD. Central Bureau of Statistics provides Household Income in local currency, and Average Household Size. Bank of Israel average market exchange rate is used for currency conversions.

Israel Wage Index data was reported at 218.494 2011=100 in Dec 2024. This records an increase from the previous number of 196.818 2011=100 for Nov 2024. Israel Wage Index data is updated monthly, averaging 140.864 2011=100 from Jan 2012 (Median) to Dec 2024, with 156 observations. The data reached an all-time high of 218.494 2011=100 in Dec 2024 and a record low of 101.617 2011=100 in Feb 2012. Israel Wage Index data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.G036: Wage Index.

In February 2023, the average monthly wage in the manufacturing sector in Israel amounted to 17,259 Israeli shekels (roughly 4,600 U.S. dollars). This was a minor rise compared to the previous month. Overall, the average monthly salary in this sector increased slightly during the observed period, with minimal fluctuations.

In February 2023, the average monthly wage in the real estate services sector in Israel amounted to over 13,421 Israeli shekels (roughly 3,600 U.S. dollars). This was a slight decrease compared to the previous month. The average monthly salary in this sector fluctuated during the observed period, peaking in March 2022. The average salary in this sector overall increased during these months.

As of 2022, the average monthly wage of tech workers in Israel reached 27,860 Israeli shekels (about 7,640 U.S. dollars). This value was about 2.7 times higher than that of the rest of the economy, where salaries averaged at 10,417 Israeli shekels (about 2,860 U.S. dollars). Between 2011 and 2022, the average salary grew at an average compound rate (CAGR) of 4.68 percent. In comparison, other workers' incomes grew by only 2.57 percent CAGR.

As of May 2023, the average wage for employees in high-tech manufacturing of computers, electronic and optical products in Israel was 25,635 Israeli shekels (roughly 6,900 U.S. dollars). This was a significant decrease compared to the previous month, April of the same year. The average wage of employees in this high-tech field in the country fluctuated during the period under review, overall remaining stable at an average of roughly 26,300 Israeli shekels (just over 7,000 U.S. dollars).

In February 2023, the average monthly wage in the education sector in Israel amounted to over 8,925 Israeli shekels (roughly 2,400 U.S. dollars). This was a significant decrease compared to the previous month, which stood at 10,077 Israeli shekels. The average monthly salary in this sector fluctuated during the observed period, overall increasing.

In 2023, the average monthly wage of a foreign agricultural worker in Israel reached over 7,070 Israeli shekels (approximately 1,890 U.S. dollars). This represented an increase of about three percent compared to the previous year. Over the observed period, the average monthly salary of foreign farmworkers grew consistently.

Graph and download economic data for Labor Compensation: Earnings: Manufacturing: Hourly for Israel (LCEAMN01ILA657S) from 1996 to 2023 about Israel, compensation, earnings, hours, and manufacturing.

Israel IL: Compensation Rate data was reported at 225,106.026 ILS in 2026. This records an increase from the previous number of 214,371.335 ILS for 2025. Israel IL: Compensation Rate data is updated yearly, averaging 131,115.313 ILS from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 225,106.026 ILS in 2026 and a record low of 69,336.292 ILS in 1995. Israel IL: Compensation Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. WSST-Compensation rate, total economy

Israel IL: Budgetary Central Government: Expense: Compensation of Employees data was reported at 77,495.321 ILS mn in 2017. This records an increase from the previous number of 72,476.088 ILS mn for 2016. Israel IL: Budgetary Central Government: Expense: Compensation of Employees data is updated yearly, averaging 58,216.607 ILS mn from Dec 2006 (Median) to 2017, with 12 observations. The data reached an all-time high of 77,495.321 ILS mn in 2017 and a record low of 44,294.486 ILS mn in 2006. Israel IL: Budgetary Central Government: Expense: Compensation of Employees data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Government Finance: Operations Statement: Annual.

In March 2022, the average monthly wage in the information and communication sector in Israel amounted to 29,872 Israeli shekels (roughly eight thousand U.S. dollars). This was a minor increase from the previous month. The average monthly salary in this sector fluctuated during the observed period, while it peaked in January 2023. The average salary in this sector overall increased.

Israel IL: Price to Income Ratio: sa data was reported at 104.557 2015=100 in 2016. This records an increase from the previous number of 100.000 2015=100 for 2015. Israel IL: Price to Income Ratio: sa data is updated yearly, averaging 91.707 2015=100 from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 109.854 2015=100 in 1997 and a record low of 70.441 2015=100 in 2007. Israel IL: Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

In 2023, the average monthly wage of a foreign construction worker in Israel was almost 9,100 Israeli shekels (about 2,430 U.S. dollars). This represented a decrease of about 2.8 percent in comparison to the previous year. Between 2013 and 2023 the compound annual growth rate (CAGR) of salaries was about 2.5 percent.

In 2023, the annual average monthly price-adjusted wage of a worker in Israel reached almost 12,500 Israeli shekels (around 3,333 U.S. dollars). This represented an almost 23 percent increase in wages since 2018. Over the last two decades, salaries in Israel have consistently increased, even when adjusted for inflation.

In February 2023, the average monthly wage in Israel's arts and entertainment sector amounted to 7,017 Israeli shekels (nearly 1,900 U.S. dollars). This was a slight decrease compared to the previous month. The average monthly salary in this industry slightly fluctuated during the period observed, while it peaked in December 2022. The average wage in this sector overall increased during these months.