Minimum Wages in Israel remained unchanged at 5300 ILS/Month in 2019 from 5300 ILS/Month in 2018. Minimum Wages in Israel averaged 3677.63 ILS/Month from 1997 until 2019, 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 5300.00 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 5500.00 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 3.80 3.70 11.40 3.60 percent [+]
Employed Persons 3951.00 3967.57 3967.57 1537.00 Thousand [+]
Unemployed Persons 150.40 150.96 305.40 126.80 Thousand [+]
Job Vacancies 99244.00 102981.00 103832.00 36223.00 [+]
Wages 10780.40 10789.00 10789.40 7186.00 ILS/Month [+]
Wages in Manufacturing 115.90 112.80 137.00 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 63.10 63.40 64.70 62.10 percent [+]
Employment Rate 60.90 61.10 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5300.00 5300.00 5300.00 2348.88 1997 - 2019 ILS/Month yearly




Country Last Previous
Argentina 15625.00 Sep/19
Australia 740.80 Jul/19
Brazil 998.00 Sep/19
Canada 14.00 Dec/19
China 2480.00 Apr/19
France 1521.22 Dec/19
Germany 9.19 Jan/19
India 176.00 Dec/18
Indonesia 3.94 Jan/19
Japan 874.00 Oct/18
Mexico 102.68 Jul/19
Netherlands 1635.60 Dec/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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