Israel Wages: Minimum and Average
Israel Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 5572 ILS/Month | 1408.743 USD/Month | 2023 |
| Wages | 12804 ILS/Month | 3237.175 USD/Month | Jun/23 |
Latest data on Minimum Wages (ILS/Month)
What is minimum wage in Israel?
- Minimum Wages in Israel increased to 5572 ILS/Month (1408.743 USD/Month) in 2023. 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
| 5572 | 2023 | 12.05.2023 |
| 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 |
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)
What is average wage in Israel?
- Average Wages in Israel increased to 12804 ILS/Month (3237.175 USD/Month) in June 2023. 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
| 12804 | Jun/23 | 09.09.2023 |
| 12771 | May/23 | 05.08.2023 |
| 12853 | Apr/23 | 14.07.2023 |
| 12805 | Mar/23 | 06.06.2023 |
| 12272 | Feb/23 | 06.05.2023 |
| 12482 | Jan/23 | 08.04.2023 |
| 12183 | Dec/22 | 04.03.2023 |
| 12295 | Nov/22 | 04.02.2023 |
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/23 | 3.1 % | 3.4 |
| Job Vacancies | Aug/23 | 123.417 K | 120.332 |
| Labor Force Participation Rate | Aug/23 | 63.6 % | 63.6 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2017 | 141.581 USD/Month | 137.726 |
| Kyrgyzstan | Jul/23 | 372.046 USD/Month | 397.056 |
| Mongolia | 2Q/23 | 663.775 USD/Month | 643.054 |
| Tajikistan | Jun/23 | 203.349 USD/Month | 176.321 |
| China | 2022 | 1301.701 USD/Month | 1219.6 |
| Georgia | 2Q/23 | 671.004 USD/Month | 638.29 |
| India | 2014 | 115.31 USD/Month | 108.53 |
| Israel | Jun/23 | 3237.175 USD/Month | 3226.81 |
| South Korea | 2Q/23 | 3015.471 USD/Month | 3419.512 |
| Taiwan | Jul/23 | 1846.444 USD/Month | 1678.546 |
| Vietnam | 2Q/23 | 286.489 USD/Month | 289.723 |
| Armenia | Aug/23 | 658.099 USD/Month | 668.655 |
| Hong Kong | 2Q/23 | 2306.018 USD/Month | 2269.91 |
| Japan | Aug/23 | 2140.488 USD/Month | 2993.015 |
| Kazakhstan | Jan/23 | 718.049 USD/Month | 657.009 |
| Macau | 2Q/23 | 2114.139 USD/Month | 2114.139 |
| Malaysia | 2021 | 642.439 USD/Month | 620.439 |
| Philippines | 2016 | 200.58 USD/Month | 189.61 |
| Singapore | 2Q/23 | 4588.745 USD/Month | 5151.515 |
| Thailand | 2Q/23 | 423.147 USD/Month | 415.075 |
| Azerbaijan | Aug/23 | 544.118 USD/Month | 542.353 |
| Bahrain | 2Q/23 | 2297.082 USD/Month | 2307.692 |
| Uzbekistan | 2022 | 319.264 USD/Month | 264.409 |
| Mauritius | 2022 | 846.312 USD/Month | 763.242 |
