Israel Israel National Minimum Wage - NMW

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NMW Israel 2020

The national minimum wage in Israel remained fixed

In 2020, the national minimum wage in Israel remained fixed at 1,364.4 € per month, that is 16,373 euros per year, taking into account 12 payments per year.

If we look at the minimum salary in Israeli Shekel, which is the official currency in Israel, we can see that, this year, it was 5,300 Israeli Shekel and accordingly, the national minimum wage has remained stable, while the CPI of 2019 which was 1.2%, so workers have lost purchasing power in the last year.

If we look at the ranking of the national minimum wage that we publish, Israel is in 14 nd place of the 100 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Israel. You can see NMW in other countries in National Minimum Wage 2020 and see all the information about this country in Israel economy.

Israel - Minimum wages
DateNat. Curr. NMWNMWNMW
January 20205,300.01,530.5 $1,364.4 €
December 20191,486.9 $
January 20195,300.01,405.5 $1,233.4 €
December 20181,476.1 $
January 20185,300.01,528.7 $1,273.0 €
December 20171,389.1 $
January 20175,000.01,300.4 $1,235.3 €
December 20161,233.5 $
January 20164,737.51,214.1 $1,115.2 €
December 20151,173.8 $
January 20154,562.51,173.2 $966.6 €
December 20141,201.8 $
January 20144,300.01,236.3 $898.1 €
December 20131,190.9 $
January 20134,300.01,153.1 $873.0 €
December 20121,115.2 $
January 20124,150.01,086.1 $839.2 €
December 20111,145.9 $
January 20113,985.11,119.4 $842.9 €
December 20101,029.7 $
January 20103,850.21,019.9 $708.0 €
December 2009979.1 $
January 20093,850.21,012.7 $727.7 €
December 20081,073.1 $
January 20083,780.2982.9 $667.7 €
December 2007903.1 $
January 20073,678.9870.8 $661.2 €
December 2006804.6 $
January 20063,501.3760.7 $644.8 €
December 2005743.1 $
January 20053,335.2774.2 $568.4 €
December 2004744.1 $
January 20043,335.2761.6 $603.0 €
December 2003732.3 $
January 20033,335.2699.4 $671.0 €
December 2002689.6 $
January 20023,266.6739.7 $845.3 €
December 2001776.8 $
January 20013,191.2
December 2000727.2 $
January 20002,923.2
December 1999675.9 $
January 19992,798.0
December 1998690.0 $
January 19982,622.0
December 1997697.2 $
January 19972,405.0
December 1996653.3 $
January 19962,085.0
December 1995592.8 $
January 19951,785.0
Israel - Minimum wages
Israel - Minimum wages