Wages in Israel increased to 12145.30 ILS/Month in January from 12016.50 ILS/Month in December of 2020. source: Central Bureau of Statistics, Israel

Wages in Israel averaged 9137.01 ILS/Month from 2005 until 2021, reaching an all time high of 12876 ILS/Month in April of 2020 and a record low of 7186 ILS/Month in February of 2005. This page provides - Israel Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Average Monthly Wages - values, historical data and charts - was last updated on April of 2021.

Wages in Israel is expected to be 113000.00 ILS/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Israel to stand at 113000.00 in 12 months time. In the long-term, the Israel Average Monthly Wages is projected to trend around 113000.00 ILS/Month in 2022, according to our econometric models.

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Israel Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
12145.30 12016.50 12876.00 7186.00 2005 - 2021 ILS/Month Monthly
Current Prices, SA

Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 4.60 11.40 3.40 percent [+]
Employed Persons 3820.84 3843.66 3996.16 1537.00 Thousand [+]
Unemployed Persons 204.57 184.27 305.40 126.80 Thousand [+]
Job Vacancies 66506.00 60307.00 103832.00 26982.00 [+]
Wages 12145.30 12016.50 12876.00 7186.00 ILS/Month [+]
Wages in Manufacturing 125.00 133.00 137.00 96.00 points [+]
Minimum Wages 5300.00 5300.00 5300.00 2348.88 ILS/Month [+]
Population 9.29 9.15 9.29 2.11 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 67.00 67.00 67.00 67.00 [+]
Labor Force Participation Rate 60.10 60.30 64.50 60.10 percent [+]
Employment Rate 57.60 57.60 61.70 57.60 percent [+]


Israel Average Monthly Wages
In Israel, wages are benchmarked using average monthly earnings.