Minimum wage in Israel, April 1997 - December 2020
For that indicator, we provide data for Israel from April 1997 to December 2020. The average value for Israel during that period was 3874.7 currency units with a minimum of 2348.88 currency units in April 1997 and a maximum of 5300 currency units in December 2017.
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* indicates monthly or quarterly data series
Measure: currency units
Source: National Insurance Institute of Israel
Definition: Minimum wage is the minimum amount of monthly remuneration that an employer is required to pay wage earners for the work performed during a given month, which cannot be reduced by collective agreement or an individual contract.