The average gross household income in Israel was NIS 12,345 a month in 2006, up 3.5% over 2005, the Central Bureau of Statistics reports. The average gross monthly household income in which the head of the household was self-employed was NIS 17,687, up 10% in real terms, and 22% more than the NIS 14,468 average gross monthly household income in which the head of the household was a salaried employee. The average monthly household income in which the head of the household was unemployed was NIS 5.121.
Households in the top two deciles earned half of total gross household income, and households in the bottom two deciles earned 6% of total income.
The annual income survey also reveals the salary differences between men and women: the average gross monthly income of men was NIS 8,712, 37% higher than women’s average income of NIS 5,521. Women’s average hourly income was NIS 38.60, compared with NIS 45.60 for men.
The survey also shows income inequalities (the Gini coefficient), which increased by 1% point in 2006 and by 8.3% over the preceding four years. The increase demonstrate that not everyone is benefiting from the country’s economic growth.
Published by Globes [online], Israel business news - www.globes.co.il - on August 14, 2007
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