GITNUX MARKETDATA REPORT 2024

Statistics About The Average Income In Israel

The average income in Israel is around $36,000 per year.

Last Updated: June 18, 2024

How we write

In this post, we explore the intricacies of income distribution in Israel, shedding light on various key statistics that offer insights into the average wages, sectoral disparities, and regional differences in the country. From the highest-earning industries to the income gaps between different segments of the population, the data presented here paints a detailed picture of the economic landscape in Israel.

Statistic 1

"The average salary in Israel is around $2,500 per month."

Statistic 2

"In 2020, the average income in Israel rose by 4% compared to 2019."

Statistic 3

"As of 2020, the average wage in Israel was approximately 11,000 Israeli new shekels per month."

Statistic 4

"The average salary in Tel Aviv, Israel is around 137,000 ILS, which is the highest in the country."

Statistic 5

"As of 2020, employees in the financial and insurance industry had the highest average wage of approx 19,450 ILS per month in Israel."

Statistic 6

"Household disposal of income in Israel was about $2,718.62 US dollars per month in 2019."

Statistic 7

"In 2019, the top 10% of earners in Israel made 12 times as much as those in the bottom 10%."

Statistic 8

"In 2019, the average salary in the electricity and water supply industries in Israel was over 16,000 ILS."

Statistic 9

"In 2020, Jerusalem had an average monthly wage of 9,196 ILS, which is lower than the country's average wage."

Statistic 10

"The IT industry in Israel had an average salary of almost 20,000 ILS as of 2018."

Statistic 11

"In 2017, the average wage in the education field in Israel was about 8,260 ILS."

Statistic 12

"The average wage for Israeli high-tech employees was almost 24,000 ILS per month in 2018, twice as high as the country's average wage."

Statistic 13

"The average salary for software engineers in Tel Aviv, Israel, is 300,000 ILS per year."

Statistic 14

"On average, wages in Israel have been rising by about 2.9% per year."

Statistic 15

"The average salary of public sector employees in Israel was 11,464 ILS in 2017."

Statistic 16

"The average annual income of the richest 1% in Israel was around 1.36 million ILS in 2018."

Statistic 17

"In 2017, the median income for employees in Israel was about 6,853 ILS."

In conclusion, the statistics on average income in Israel paint a diverse picture of the country’s economic landscape. While the average salary in Israel is around $2,500 per month, there are significant variations across industries and regions. The income growth rate has been positive, with the average income rising by 4% in 2020 compared to the previous year. Industries such as finance and high-tech tend to offer higher wages, while disparities in income distribution are evident, with the top earners making significantly more than the bottom earners. Overall, the data highlights the complex nature of income distribution in Israel and the importance of considering various factors when analyzing average income trends.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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