Israel vs New Zealand: Real minimum wages at constant prices — Statutory minimum wages

Israel
21,400 US dollars, exchange rate converted
in 2025
New Zealand
28,311 US dollars, exchange rate converted
in 2025
Israel rank
10th
New Zealand rank
7th

Real minimum wages at constant prices — Statutory minimum wages over time

  • Israel
  • New Zealand
010.0k20.0k30.0k196019922025

How they compare

New Zealand currently reports 28,311 US dollars, exchange rate converted against 21,400 US dollars, exchange rate converted in Israel, a difference of 6,911 US dollars, exchange rate converted.

That makes New Zealand's figure about 1.3 times Israel's.

The two have swapped places 2 times across 26 shared years of data; in 2000 it was New Zealand ahead.

Israel ranks 10th and New Zealand ranks 7th of 26 countries.

New Zealand has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Israel New Zealand Difference Ahead
2000s 16,978 US dollars, exchange rate converted 19,055 US dollars, exchange rate converted 2,078 US dollars, exchange rate converted New Zealand
2010s 18,832 US dollars, exchange rate converted 23,602 US dollars, exchange rate converted 4,771 US dollars, exchange rate converted New Zealand
2020s 21,031 US dollars, exchange rate converted 28,349 US dollars, exchange rate converted 7,318 US dollars, exchange rate converted New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real minimum wages at constant prices — statutory minimum wages, Israel or New Zealand?
New Zealand, at 28,311 US dollars, exchange rate converted against 21,400 US dollars, exchange rate converted in Israel as of 2025.
What is the difference in real minimum wages at constant prices — statutory minimum wages between Israel and New Zealand?
6,911 US dollars, exchange rate converted, with New Zealand ahead.
How many years of comparable data are there for Israel and New Zealand?
26 years are reported by both, from 2000 to 2025.
How do Israel and New Zealand rank globally for real minimum wages at constant prices — statutory minimum wages?
Israel ranks 10th and New Zealand ranks 7th of 26 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Real minimum wages at constant prices — Statutory minimum wages. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Israel vs New Zealand: Real minimum wages at constant prices — Statutory minimum wages. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/real-minimum-wages-at-constant-prices-statutory-minimum-wages/israel/new-zealand/

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About this data

Indicator
Real minimum wages at constant prices — Statutory minimum wages
Unit
US dollars, exchange rate converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,478 data points, 1960–2025
Last refreshed

Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.