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Full coverage· Economy· Updated

Top 10% Earn 7.3 Times More Than Bottom 10% in Israel

Israel's top 10% income earners make 7.3 times more than the bottom 10%, with the lowest two deciles spending more than they earn. The top decile holds 22.1% of total net income, while the bottom decile holds only 2.6%.

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What happened

  1. 01The top 10% of Israeli households earn 7.3 times more than the bottom 10%, according to the 2023 survey.
  2. 02The two lowest income deciles spend more than they earn, facing monthly deficits.
  3. 03The top income decile holds 22.1% of Israel's total net household income.
  4. 04Housing constitutes the largest household expense at 25.3% of consumption.
  5. 05Homeownership rates are significantly higher in the top decile (85.9%) than the bottom (37.6%).
  6. 06Income deciles are calculated based on net income per standard person, not total household income.

The 2023 Household Expenditure Survey also revealed that housing is the largest expense, and homeownership is much higher among the wealthiest. Income deciles are calculated per standard person, not total household income.

Translated and summarized by baba from N12, the latest report. Read N12’s original

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