Wages in Israel increased to 10891 ILS/Month in October from 10809.70 ILS/Month in September of 2019. Wages in Israel averaged 8933.84 ILS/Month from 2005 until 2019, reaching an all time high of 10891 ILS/Month in October of 2019 and a record low of 7186 ILS/Month in February of 2005.

Wages in Israel is expected to be 109000.00 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 113000.00 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.

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Israel Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
10891.00 10809.70 10891.00 7186.00 2005 - 2019 ILS/Month Monthly
Current Prices, SA


Israel Average Monthly Wages
In Israel, wages are benchmarked using average monthly earnings.

Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.50 11.40 3.50 percent [+]
Employed Persons 3970.09 3967.57 3970.09 1537.00 Thousand [+]
Unemployed Persons 160.44 150.96 305.40 126.80 Thousand [+]
Job Vacancies 96738.00 98348.00 103832.00 36223.00 [+]
Wages 10891.00 10809.70 10891.00 7186.00 ILS/Month [+]
Wages in Manufacturing 114.60 115.60 137.00 96.00 points [+]
Minimum Wages 5300.00 5300.00 5300.00 2348.88 ILS/Month [+]
Population 8.97 8.81 8.97 2.11 Million [+]
Retirement Age Women 63.33 63.00 63.33 62.00 [+]
Retirement Age Men 68.33 68.00 68.33 67.00 [+]
Labor Force Participation Rate 62.80 63.50 64.70 62.10 percent [+]
Employment Rate 60.80 60.10 61.80 58.40 percent [+]