Average monthly salary in Israel stays above $3,400

09:17 Thu, 11 August

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05.Jul .2022 16:30

Average monthly salary in Israel stays above $3,400

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The average monthly salary in Israel in April 2022 jumped 3.8% to NIS 12,061 ($3,422), compared with NIS 11,621 ($3,300) in April 2021, the Central Bureau of Statistics reports. There has been a huge rise in the average monthly salary, which was NIS 10,716 ($3,040) in April 2019, prior to the outbreak of the Covid pandemic. However, the average monthly salary in April 2022 was down 5% from NIS 12,697 ($3,600) in March 2022.

The tech sector remains the top earning profession in Israel with an average monthly salary of NIS 26,937 ($7,640). Including pharmaceutical manufacturing, scientific research, communications services and vehicle production the average salary in the tech sector was NIS 27,700 ($7,857) in April 2022, up 4.9% from April 2021. However, the average tech salary fell 8% from NIS 30,000 ($8,510) in March 2022.

The lowest paid sector in Israel remains the hospitality and catering field with an average monthly salary of NIS 5,663 ($1,605).

The number of salaried jobs in Israel in April 2022 was 3.86 million, the Central Bureau of statistics reports, up 9.4% from 3.53 million in April 2021 but down 0.4% from 3.88 million in March 2022, Globes reports.