Monthly minimum wage (Local currency), annual growth rate in Israel
Israel: Monthly minimum wage (Local currency), annual growth rate was 5.53 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Israel, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Israel recorded 5.53 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2024.
Compared with earlier readings it is up 7.9% on the previous year.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Israel peaked at 16.81 % change on previous year in 1996 and was at its lowest, 0 % change on previous year, in 2002.
Israel ranks 70th of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Israel, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 16.81 % change on previous year | — |
| 1997 | 15.35 % change on previous year | -8.7% |
| 1998 | 9.02 % change on previous year | -41.2% |
| 1999 | 6.71 % change on previous year | -25.6% |
| 2000 | 5.97 % change on previous year | -11.1% |
| 2001 | 10.19 % change on previous year | +70.7% |
| 2002 | 0 % change on previous year | -100.0% |
| 2003 | 2.08 % change on previous year | — |
| 2004 | 0 % change on previous year | -100.0% |
| 2005 | 0 % change on previous year | — |
| 2006 | 7.5 % change on previous year | — |
| 2007 | 3.49 % change on previous year | -53.5% |
| 2008 | 3.78 % change on previous year | +8.4% |
| 2009 | 0 % change on previous year | -100.0% |
| 2010 | 0 % change on previous year | — |
| 2011 | 6.49 % change on previous year | — |
| 2012 | 4.88 % change on previous year | -24.8% |
| 2013 | 0 % change on previous year | -100.0% |
| 2014 | 0 % change on previous year | — |
| 2015 | 8.14 % change on previous year | — |
| 2016 | 3.76 % change on previous year | -53.8% |
| 2017 | 9.84 % change on previous year | +161.6% |
| 2018 | 0 % change on previous year | -100.0% |
| 2019 | 0 % change on previous year | — |
| 2020 | 0 % change on previous year | — |
| 2021 | 0 % change on previous year | — |
| 2022 | 0 % change on previous year | — |
| 2023 | 5.13 % change on previous year | — |
| 2024 | 5.53 % change on previous year | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.97 % change on previous year | 6.71 % change on previous year | 16.81 % change on previous year | 4 |
| 2000s | 3.3 % change on previous year | 0 % change on previous year | 10.19 % change on previous year | 10 |
| 2010s | 3.31 % change on previous year | 0 % change on previous year | 9.84 % change on previous year | 10 |
| 2020s | 2.13 % change on previous year | 0 % change on previous year | 5.53 % change on previous year | 5 |
Countries ranked near Israel
- 67 Belgium 5.78 % change on previous year compare
- 68 Portugal 5.71 % change on previous year compare
- 69 Cook Islands 5.56 % change on previous year compare
- 71 Latvia 5.41 % change on previous year compare
- 72 Japan 5.08 % change on previous year compare
- 73 Bosnia and Herzegovina 5.03 % change on previous year compare
More work & labour data for Israel
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.4941 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.4851 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.5042 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.72 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.1 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 11,997 1000 No (2050)
- Population - Est. & Proj. — Rural population 579.95 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 9,762 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 9,985 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 19,747 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Israel?
- Monthly minimum wage (local currency), annual growth rate in Israel was 5.53 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Israel?
- The highest recorded value was 16.81 % change on previous year in 1996.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Israel?
- The lowest recorded value was 0 % change on previous year in 2002.
- How does Israel rank for monthly minimum wage (local currency), annual growth rate?
- Israel ranks 70th out of 168 countries with data for 2024.
- Where does this Israel data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.