Minimum Wages in Israel remained unchanged at 5300 ILS/Month in 2018 from 5300 ILS/Month in 2017. Minimum Wages in Israel averaged 3625.29 ILS/Month from 1997 until 2018, reaching an all time high of 5300 ILS/Month in 2017 and a record low of 2348.88 ILS/Month in 1997.

Minimum Wages in Israel is expected to be 5500.00 ILS/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Minimum Monthly Wages is projected to trend around 6100.00 ILS/Month in 2020, according to our econometric models.

Israel Minimum Monthly Wages
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Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.30 11.40 3.60 percent [+]
Employed Persons 3923.20 3917.23 3923.20 1537.00 Thousand [+]
Unemployed Persons 175.43 175.36 305.40 126.80 Thousand [+]
Job Vacancies 96249.00 98736.00 110856.00 10496.00 [+]
Wages 10584.50 10629.60 10629.60 7186.00 ILS/Month [+]
Wages in Manufacturing 121.00 111.20 137.00 96.00 Index Points [+]
Minimum Wages 5300.00 5300.00 5300.00 2348.88 ILS/Month [+]
Population 8.97 8.81 8.97 2.11 Million [+]
Retirement Age Women 63.33 63.00 63.33 62.00 [+]
Retirement Age Men 68.33 68.00 68.33 67.00 [+]
Labor Force Participation Rate 64.00 64.10 64.70 62.10 percent [+]
Employment Rate 61.40 61.70 61.80 58.40 percent [+]


Israel Minimum Monthly Wages

In Israel, the minimum wage refers to the lowest gross wage per month. In December 2014 it was announced that the minimum wage would gradually be increase over the course of the next two years: on April 1, 2015 to NIS 4,650; then to NIS 4,825 in July 2016, and finally to NIS 5,000 in January 2017. In January 2015, 700,00 Israelis workers were under the minimum wage. This page provides - Israel Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Minimum Monthly Wages - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5300.00 5300.00 5300.00 2348.88 1997 - 2018 ILS/Month yearly




Country Last Previous
Argentina 11900.00 Mar/19
Australia 719.20 Jul/18
Brazil 998.00 Mar/19
Canada 14.00 Dec/19
China 2420.00 Apr/18
France 1521.22 Dec/19
Germany 9.19 Jan/19
Indonesia 3.94 Jan/19
Japan 874.00 Oct/18
Mexico 102.68 Feb/19
Netherlands 1615.80 Jun/19
Russia 11163.00 May/18
South Korea 8350.00 Dec/19
Spain 1050.00 Jun/19
Turkey 2558.40 Dec/19
United Kingdom 8.21 Apr/19
United States 7.25 Dec/19


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