Israel: Minimum wage

(measure: currency units, source: National Insurance Institute of Israel)
* indicates monthly or quarterly data series

Minimum wage in Israel, August, 2019: For that indicator, National Insurance Institute of Israel provides data for Israel from 1997 to 2019. The average value for Israel during that period was 3789.92 currency units with a minumum of 2348.88 currency units in April 1997 and a maximum of 5300 currency units in December 2017. Click on the following link to see the values of Minimum wage around the world.
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Measure: currency units
Source: National Insurance Institute of Israel

Definition: Minimum wage is the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract. 
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