Judging by income, Israel is catching up with the West, though significant gender and ethnic origin gaps remain
![](https://tsionizm.com/wp-content/uploads/2019/12/PikiWiki_Israel_37431_Economy_of_Israel.jpg)
Copyright: Roman Shevchuck Pikiwiki Israel [CC BY 2.5 (https://creativecommons.org/licenses/by/2.5)]
Israeli bureau of statistics has published new data regarding the annual income of Israeli citizens. According to the updated numbers, Israelis earn NIS 120,000 per annum, which is US$ 34,580 according to the current exchange rate. By comparison, an average American makes $48,150. To make this money, Israelis worked an average of 40.9 hours per week.
Israel has significant gaps between income by gender and sector, with men making an average of NIS150,000 ($43,217) and women and average of NIS96,000 ($27,658). That being said, women are fully represented in the Israeli workforce, comrising 48% of all workers.
The average income in the Jewish population is NIS 134,400 ($38,721) per annum and among the Arab population it is NIS 88,000 ($28,350) per annum. While the average income for Jewish men was not reported, we can project it at roughly NIS 182,400 ($52,544) per annum, meaning that Israeli citizens who are both male and Jewish enjoy an average annual income that is on par or slightly higher than that of Americans.