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
Real minimum wages at constant prices — Statutory minimum wages in Israel, 2000–2025
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
| Decade | Average | Lowest | Highest | 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
- 7 New Zealand 28,311 US dollars, exchange rate converted compare
- 8 Canada 24,652 US dollars, exchange rate converted compare
- 9 France 24,432 US dollars, exchange rate converted compare
- 11 Spain 18,731 US dollars, exchange rate converted compare
- 12 United States 15,080 US dollars, exchange rate converted compare
- 13 Japan 14,892 US dollars, exchange rate converted compare
More economy & growth data for Israel
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.2289 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 4.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 3.19 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.3135 (2025)
- Gdp worldbank constant usd, annual growth rate 2.93 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.706 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 42,596 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
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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About this data
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.