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Israel Wages: Minimum and Average

Israel Wages Data

Indicator Data Period
Minimum Wages 5300 ILS/Month | 1626.625 USD/Month 2021
Wages 12145 ILS/Month | 3727.427 USD/Month Jan/21


Latest data on Minimum Wages (ILS/Month)

Minimum Wages
                     Israel - Historical Data (ILS/Month)

What is minimum wage in Israel?

  • Minimum Wages in Israel remained unchanged at 5300 ILS/Month (1626.625 USD/Month) in 2021. 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
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
4650 2015 01.04.2015


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 increased to 12145 ILS/Month (3727.427 USD/Month) in January 2021. 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
12145 Jan/21 09.04.2021
12016 Dec/20 06.03.2021
11868 Nov/20 06.02.2021
12153 Oct/20 09.01.2021
11414 Sep/20 05.12.2020
11509 Aug/20 07.11.2020
11064 Feb/20 09.05.2020
10933 Dec/19 14.03.2020


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 2020 67 67
Unemployment Rate Feb/21 5.1 % 4.6
Job Vacancies Feb/21 66.506 K 60.307
Labor Force Participation Rate Feb/21 60.1 % 60.3

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 156.381 USD/Month 152.123
Kyrgyzstan Dec/20 285.408 USD/Month 208.16
Mongolia 3Q/20 445.134 USD/Month 442.327
Tajikistan Jan/21 126.753 USD/Month 144.034
China 2019 1197.588 USD/Month 1086.798
Georgia 4Q/20 381.159 USD/Month 359.42
India 2014 115.31 USD/Month 108.53
Israel Jan/21 3727.427 USD/Month 3687.835
South Korea 4Q/20 3456.252 USD/Month 3480.566
Taiwan Feb/21 2835.012 USD/Month 2671.377
Vietnam 2Q/20 274.743 USD/Month 311.967
Armenia Feb/21 361.255 USD/Month 352.087
Hong Kong 4Q/20 2174.815 USD/Month 2208.563
Japan Feb/21 2760.104 USD/Month 2817.996
Kazakhstan Feb/21 518.285 USD/Month 516.074
Macau 3Q/20 1875.141 USD/Month 1875.141
Malaysia 2019 782.388 USD/Month 749.141
Philippines 2016 200.58 USD/Month 189.61
Singapore 4Q/20 4418.066 USD/Month 3919.652
Thailand 4Q/20 466.951 USD/Month 468.548
Azerbaijan Jan/21 406.471 USD/Month 415.882
Bahrain 4Q/20 2071.809 USD/Month 2082.447
Uzbekistan 2019 220.681 USD/Month 172.938
Mauritius 2019 778.442 USD/Month 752.661