Israel Minimum Monthly Wages  1997-2017 | Data | Chart | Calendar

Minimum Wages in Israel increased to 5000 ILS/Month in 2017 from 4825 ILS/Month in 2016. Minimum Wages in Israel averaged 3470.77 ILS/Month from 1997 until 2017, reaching an all time high of 5000 ILS/Month in 2017 and a record low of 2348.88 ILS/Month in 1997.

Israel Minimum Monthly Wages
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Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.10 11.40 4.10 percent [+]
Employed Persons 3811.21 3789.36 3811.21 1537.00 Thousand [+]
Unemployed Persons 167.36 165.91 305.40 126.80 Thousand [+]
Job Vacancies 105915.00 10496.00 109198.00 10496.00 [+]
Wages 10124.70 10144.60 10172.10 7186.00 ILS/Month [+]
Wages in Manufacturing 116.40 111.70 137.00 96.00 Index Points [+]
Minimum Wages 5000.00 4825.00 5000.00 2348.88 ILS/Month [+]
Population 8.63 8.46 8.63 2.11 Million [+]
Retirement Age Women 63.00 62.66 63.00 62.00 [+]
Retirement Age Men 68.00 67.66 68.00 67.00 [+]
Labor Force Participation Rate 63.80 64.00 64.70 62.10 percent [+]
Employment Rate 61.30 61.80 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5000.00 4825.00 5000.00 2348.88 1997 - 2017 ILS/Month yearly




minimum wages by Country

Last
Australia 694.90 Jul/17
Brazil 937.00 Sep/17
Canada 11.40 Jan/17
China 2300.00 Apr/17
France 1480.27 Jun/17
Germany 8.84 Jan/17
Indonesia 3.35 Jan/17
Japan 823.00 Dec/17
Mexico 80.04 Sep/17
Netherlands 1551.60 Jun/17
Russia 7500.00 Jan/17
South Korea 6470.00 Jan/17
Spain 825.65 Jun/17
Turkey 1777.50 Jan/17
United Kingdom 7.50 Apr/17
United States 7.25 Dec/17