Israel Minimum Monthly Wages

Minimum Wages in Israel increased to 5000 ILS/Month in 2017 from 4825 ILS/Month in 2016. Minimum Wages in Israel averaged 3470.77 ILS/Month from 1997 until 2017, reaching an all time high of 5000 ILS/Month in 2017 and a record low of 2348.88 ILS/Month in 1997.

Israel Minimum Monthly Wages

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In Israel, the minimum wage refers to the lowest gross wage per month. In December 2014 it was announced that the minimum wage would gradually be increase over the course of the next two years: on April 1, 2015 to NIS 4,650; then to NIS 4,825 in July 2016, and finally to NIS 5,000 in January 2017. In January 2015, 700,00 Israelis workers were under the minimum wage. This page provides – Israel Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Minimum Monthly Wages – actual data, historical chart and calendar of releases – was last updated on February of 2017.