Name: Israel Minimum Monthly Wages
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Israel,Minimum Wages,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Minimum Wages in Israel increased to 5400 ILS/Month in 2022 from 5300 ILS/Month in 2021. source: National Insurance Institute of Israel

Minimum Wages in Israel averaged 3819.55 ILS/Month from 1997 until 2022, reaching an all time high of 5400 ILS/Month in 2022 and a record low of 2348.88 ILS/Month in 1997. This page provides - Israel Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Minimum Monthly Wages - values, historical data and charts - was last updated on September of 2022.

Minimum Wages in Israel is expected to reach 5400.00 ILS/Month by the end of 2022, 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 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Minimum Wages	5400.00	5300.00	ILS/Month	Apr 2022

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.