Wages in Israel decreased to 11868.50 ILS/Month in November from 12152.70 ILS/Month in October of 2020. source: Central Bureau of Statistics, Israel

Wages in Israel averaged 9106.19 ILS/Month from 2005 until 2020, reaching an all time high of 12876 ILS/Month in April of 2020 and a record low of 7186 ILS/Month in February of 2005. This page provides - Israel Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Average Monthly Wages - values, historical data and charts - was last updated on February of 2021.

Wages in Israel is expected to be 113000.00 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 2022, according to our econometric models.

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Israel Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
11868.50 12152.70 12876.00 7186.00 2005 - 2020 ILS/Month Monthly
Current Prices, SA

Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.70 11.40 3.40 percent [+]
Employed Persons 3849.14 3846.40 3996.20 1537.00 Thousand [+]
Unemployed Persons 181.32 192.40 305.40 126.80 Thousand [+]
Job Vacancies 60307.00 59775.00 103832.00 26982.00 [+]
Wages 11868.50 12152.70 12876.00 7186.00 ILS/Month [+]
Wages in Manufacturing 120.00 121.00 137.00 96.00 points [+]
Minimum Wages 5300.00 5300.00 5300.00 2348.88 ILS/Month [+]
Population 9.29 9.15 9.29 2.11 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 67.00 67.00 67.00 67.00 [+]
Labor Force Participation Rate 60.30 60.50 64.50 60.30 percent [+]
Employment Rate 57.60 57.60 61.70 57.60 percent [+]


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