Real minimum wages at constant prices — Statutory minimum wages in Israel

Israel: Real minimum wages at constant prices — Statutory minimum wages was 21,400 US dollars, exchange rate converted in 2025. ▲ Rising

Latest (2025)
21,400 US dollars, exchange rate converted
Change on year
up 3.0%
World rank
10th
of 26 countries
All-time high
21,662 US dollars, exchange rate converted
in 2018
All-time low
15,856 US dollars, exchange rate converted
in 2000
Years of data
26
2000–2025

Real minimum wages at constant prices — Statutory minimum wages in Israel, 2000–2025

05.0k10.0k15.0k20.0k2000201220252000: 15.9k US dollars, exchange rate converted2001: 17.1k US dollars, exchange rate converted2002: 16.6k US dollars, exchange rate converted2003: 16.8k US dollars, exchange rate converted2004: 16.9k US dollars, exchange rate converted2005: 16.6k US dollars, exchange rate converted2006: 17.1k US dollars, exchange rate converted2007: 17.9k US dollars, exchange rate converted2008: 17.6k US dollars, exchange rate converted2009: 17.3k US dollars, exchange rate converted2010: 16.9k US dollars, exchange rate converted2011: 16.9k US dollars, exchange rate converted2012: 17.3k US dollars, exchange rate converted2013: 17.6k US dollars, exchange rate converted2014: 17.6k US dollars, exchange rate converted2015: 18.7k US dollars, exchange rate converted2016: 19.6k US dollars, exchange rate converted2017: 20.6k US dollars, exchange rate converted2018: 21.7k US dollars, exchange rate converted2019: 21.5k US dollars, exchange rate converted2020: 21.6k US dollars, exchange rate converted2021: 21.3k US dollars, exchange rate converted2022: 20.7k US dollars, exchange rate converted2023: 20.4k US dollars, exchange rate converted2024: 20.8k US dollars, exchange rate converted2025: 21.4k US dollars, exchange rate converted

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.

Analysis

The most recent figure for real minimum wages at constant prices — statutory minimum wages in Israel is 21,400 US dollars, exchange rate converted, measured in 2025.

Compared with earlier readings it is up 3.0% on the previous year and up 14.2% over ten years.

Over the whole period, real minimum wages at constant prices — statutory minimum wages in Israel peaked at 21,662 US dollars, exchange rate converted in 2018 and was at its lowest, 15,856 US dollars, exchange rate converted, in 2000.

Israel ranks 10th of 26 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 16,978 US dollars, exchange rate converted 15,856 US dollars, exchange rate converted 17,901 US dollars, exchange rate converted 10
2010s 18,832 US dollars, exchange rate converted 16,882 US dollars, exchange rate converted 21,662 US dollars, exchange rate converted 10
2020s 21,031 US dollars, exchange rate converted 20,411 US dollars, exchange rate converted 21,610 US dollars, exchange rate converted 6

Countries ranked near Israel

  1. 7 New Zealand 28,311 US dollars, exchange rate converted compare
  2. 8 Canada 24,652 US dollars, exchange rate converted compare
  3. 9 France 24,432 US dollars, exchange rate converted compare
  4. 11 Spain 18,731 US dollars, exchange rate converted compare
  5. 12 United States 15,080 US dollars, exchange rate converted compare
  6. 13 Japan 14,892 US dollars, exchange rate converted compare

See the full ranking of 36 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is real minimum wages at constant prices — statutory minimum wages in Israel?
Real minimum wages at constant prices — statutory minimum wages in Israel was 21,400 US dollars, exchange rate converted in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest real minimum wages at constant prices — statutory minimum wages recorded in Israel?
The highest recorded value was 21,662 US dollars, exchange rate converted in 2018.
What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Israel?
The lowest recorded value was 15,856 US dollars, exchange rate converted in 2000.
How does Israel rank for real minimum wages at constant prices — statutory minimum wages?
Israel ranks 10th out of 26 countries with data for 2025.
Is real minimum wages at constant prices — statutory minimum wages rising or falling in Israel?
Over the last ten years it is up 14.2%. The long-run trend across the full record is rising.
Where does this Israel data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.

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Real minimum wages at constant prices — Statutory minimum wages in Israel. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/real-minimum-wages-at-constant-prices-statutory-minimum-wages/israel/

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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.