Wages in Israel increased to 11063.50 ILS/Month in February from 10958.20 ILS/Month in January of 2020.

Wages in Israel averaged 8978.19 ILS/Month from 2005 until 2020, reaching an all time high of 11063.50 ILS/Month in February 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 September of 2020.

Wages in Israel is expected to be 109000.00 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 2021, according to our econometric models.

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Israel Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
11063.50 10958.20 11063.50 7186.00 2005 - 2020 ILS/Month Monthly
Current Prices, SA

Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 4.60 11.40 3.30 percent [+]
Employed Persons 3904.76 3991.28 3991.28 1537.00 Thousand [+]
Unemployed Persons 160.85 138.97 305.40 126.80 Thousand [+]
Job Vacancies 58750.00 52501.00 103832.00 26982.00 [+]
Wages 11063.50 10958.20 11063.50 7186.00 ILS/Month [+]
Wages in Manufacturing 122.20 117.10 137.00 96.00 points [+]
Minimum Wages 5300.00 5300.00 5300.00 2348.88 ILS/Month [+]
Population 9.15 8.97 9.15 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 61.70 61.60 64.70 61.60 percent [+]
Employment Rate 58.70 58.90 61.80 58.40 percent [+]


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