Israel's Average Salary Rose 4.2% Annually to NIS 14,448 in August
Translated & summarized from Cursorinfo by baba
Israel's average monthly salary for salaried employees reached 14,448 shekels in August 2026, marking a 4.2% annual increase. The total number of salaried jobs grew to 4.16 million. The high-tech sector remains the highest-paying industry, with average salaries at 34,300 shekels, employing around 400,000 people.
The story in 5 lines · by baba
- Israel's average salary in August 2026 was 14,448 shekels, up 4.2% from the previous year.
- The total number of salaried jobs in Israel increased to 4.16 million.
- The high-tech sector's average salary reached 34,300 shekels in August.
- Approximately 400,000 people are employed in Israel's technology sector.
- The tech industry represents about 10% of all salaried jobs in the country.
Israel's Central Bureau of Statistics (CBS) released preliminary data indicating that the average monthly salary for salaried employees in August 2026 was 14,448 shekels. While this figure represents a slight decrease from July's average of 14,534 shekels, it shows a significant annual increase of 4.2%, or 581 shekels more than the previous year. The overall labor market also expanded, with the total number of salaried jobs reaching 4.16 million, a 1% increase year-over-year.
The high-tech sector continues to lead in compensation, with the average salary for skilled professionals in August reaching 34,300 shekels, a 2.3% annual rise. Approximately 400,000 people are employed in the tech industry, which constitutes about 10% of all salaried jobs in Israel. This sector is described as a driving force of the Israeli economy, contributing to high purchasing power and financial market stability.
