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Israel Wages: Minimum and Average

Israel Wages Data

Indicator Data Period
Minimum Wages 5400 ILS/Month | 1524.567 USD/Month 2022
Wages 12125 ILS/Month | 3423.217 USD/Month Jun/22


Latest data on Minimum Wages (ILS/Month)

Minimum Wages
                     Israel - Historical Data (ILS/Month)

What is minimum wage in Israel?

  • Minimum Wages in Israel increased to 5400 ILS/Month (1524.567 USD/Month) in 2022. The maximum rate of minimum wage for employees was 5300 ILS/Month and minimum was 2349 ILS/Month.
  • Data published Yearly by National Insurance Institute.

Historical Data (ILS/Month) by years

Data
Period
Date
5400 2022 30.06.2022
5300 2021 15.02.2021
5300 2020 26.05.2020
5300 2019 02.04.2019
5300 2018 11.03.2019
5300 2017 19.01.2018
5000 2017 11.08.2017
4825 2016 01.07.2016


Historical Chart by presidents (ILS/Month)

Minimum Wages in Israel by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Reuven Rivlin 24.07.2014 - 4650.0000 5300.0000 5300.0000 4650.0000 13.98%
Shimon Peres 15.07.2007 - 24.07.2014 3710.1800 4300.0000 4300.0000 3710.1800 15.90%
Moshe Katsav 01.08.2000 - 01.07.2007 2964.9500 3710.1800 3710.1800 2964.9500 25.13%
Ezer Weizman 13.05.1993 - 13.07.2000 2348.8800 2964.9500 2964.9500 2348.8800 26.23%


Latest data on Wages (ILS/Month)

Wages
                     Israel - Historical Data (ILS/Month)

What is average wage in Israel?

  • Average Wages in Israel decreased to 12125 ILS/Month (3423.217 USD/Month) in June 2022. The maximum rate of average wage for employees was 12876 ILS/Month and minimum was 7186 ILS/Month.
  • Data published Monthly by Central Bureau of Statistics.

Historical Data (ILS/Month) by years

Data
Period
Date
12125 Jun/22 10.09.2022
12130 May/22 06.08.2022
12105 Apr/22 09.07.2022
12037 Mar/22 04.06.2022
11815 Feb/22 07.05.2022
11851 Jan/22 09.04.2022
11802 Dec/21 05.03.2022
11790 Nov/21 05.02.2022


Historical Chart by presidents (ILS/Month)

Wages in Israel by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Reuven Rivlin 24.07.2014 - 9413.1000 10456.7000 10456.7000 9413.1000 11.09%
Shimon Peres 15.07.2007 - 24.07.2014 7714.0000 9400.0000 9400.0000 7714.0000 21.86%
Moshe Katsav 01.08.2000 - 01.07.2007 7301.0000 7720.0000 7750.0000 7186.0000 5.74%

Other labor indicators in Israel

Index Updated Actual Previous
Retirement Age Men 2022 67 67
Unemployment Rate Aug/22 3.4 % 3.4
Job Vacancies Aug/22 158.835 K 154.214
Labor Force Participation Rate Apr/22 62.6 % 63.1

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 141.581 USD/Month 137.726
Kyrgyzstan Jul/22 338.649 USD/Month 362.146
Mongolia 4Q/21 505.031 USD/Month 468.857
Tajikistan Jun/22 195.016 USD/Month 168.836
China 2021 1251.002 USD/Month 1140.254
Georgia 2Q/22 552.33 USD/Month 518.638
India 2014 115.31 USD/Month 108.53
Israel Jun/22 3423.217 USD/Month 3424.629
South Korea 2Q/22 2777.423 USD/Month 3184.907
Taiwan Jul/22 1843.985 USD/Month 1669.809
Vietnam 2Q/22 314.186 USD/Month 268.105
Armenia Jul/22 596.906 USD/Month 585.856
Hong Kong 2Q/22 2206.437 USD/Month 2184.271
Japan Jul/22 3047.639 USD/Month 3894.393
Kazakhstan Aug/22 682.377 USD/Month 666.757
Macau 4Q/21 1946.423 USD/Month 1996.332
Malaysia 2020 632.89 USD/Month 695.682
Philippines 2016 200.58 USD/Month 189.61
Singapore 2Q/22 4097.12 USD/Month 4653.493
Thailand 2Q/22 410.468 USD/Month 177.323
Azerbaijan Jul/22 488.824 USD/Month 486.471
Bahrain 3Q/21 2074.722 USD/Month 2082.671
Uzbekistan 2021 291.595 USD/Month 242.437
Mauritius 2021 738.839 USD/Month 733.83