Israel Average Monthly Wages - Forecast

Wages in Israel is expected to be 10164.94 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 10156.52 in 12 months time. In the long-term, the Israel Average Monthly Wages is projected to trend around 10122.79 ILS/Month in 2020, according to our econometric models.


Israel Average Monthly Wages
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Israel Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.3 4.5 4.6 4.7 5 5.5
Employed Persons 3835 3856 3864 3868 3870 3862
Unemployed Persons 170 175 175 176 178 184
Job Vacancies 98696 99089 97376 95734 94208 81910
Wages 10165 10165 10162 10159 10157 10123
Wages in Manufacturing 110 111 111 111 111 110
Minimum Wages 5300 5300 5300 5300 5300 5700
Population 8.63 9 9 8.88 9 9.2
Retirement Age Women 63 63 63 63 63.33 64
Retirement Age Men 68 68.33 68.33 68 68.33 69
Labor Force Participation Rate 63.8 63.83 63.81 63.8 63.79 63.75
Employment Rate 61.2 61.11 61.11 61.07 61.2 61.4