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Income Gaps in Israel Nearly Sevenfold, Spending Gaps Less Than Double
Israel's Central Bureau of Statistics reported that in 2024, the highest income decile earned nearly seven times more than the lowest, with net monthly incomes of NIS 49,496 and NIS 7,276 respectively. Spending gaps were less pronounced, with the top decile spending less than double the bottom.
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What happened
- 01Top Israeli income decile earned NIS 49,496 monthly, bottom decile NIS 7,276 in 2024.
- 02Household spending gaps were less than double, despite income disparities.
- 03Income inequality in Israel slightly decreased in 2024, reaching a Gini coefficient of 0.333.
- 04Average monthly household income was NIS 27,173 gross, with 76.6% from employment.
- 05Housing was the largest household expense, at 25% of consumption.
- 06In the lowest decile, expenses exceeded income, and 37.6% of income came from benefits.
Income inequality slightly decreased, with the Gini coefficient falling to 0.333. Housing was the largest expense, and overall consumption spending saw a minimal real increase.
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