Wages in Israel is expected to be 105000.00 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 10781.83 in 12 months time. In the long-term, the Israel Average Monthly Wages is projected to trend around 113000.00 ILS/Month in 2020, according to our econometric models.


Forecast Data Chart
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Israel Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 4 3.9 3.6 3.7 3.6 3.4
Employed Persons 3917 3942 3966 3990 4014 4223
Unemployed Persons 175 175 161 165 174 170
Job Vacancies 107376 107092 107105 107106 107106 107106
Wages 10523 105000 108000 10722 10782 113000
Wages in Manufacturing 115 119 128 115 115 128
Minimum Wages 5300 5300 5500 5500 5500 5700
Population 8.81 9 9.02 9.06 9.1 9.2
Retirement Age Women 63.33 63.33 63.33 63.33 63.33 64
Retirement Age Men 68.33 68.33 68.33 68.33 68.33 69
Labor Force Participation Rate 64 63.99 63.99 63.99 63.99 63.99
Employment Rate 61.2 61.2 61.36 61.36 61.36 61.4