Israel average wage hits record $4,753 in December

On Friday, the Moody’s rating agency changed the Israeli government’s credit outlook from negative to stable, citing the truce in Gaza as a stabilizing factor that prompted the adjustment.

By JNS

Israel’s average gross monthly salary rose to 14,677 shekels ($4,753) in December 2025, the country’s Central Bureau of Statistics said on Wednesday, describing it as an all-time high.

While December typically records higher average wages, partly because high-tech companies often distribute end-of-year bonuses, the figure marked a 3.1% increase compared to December 2024, the CBS said.

The December figure was 0.1% higher than the previous record set in March and up 8% from November, when the average wage was 13,588 shekels ($4,400).

On Friday, the Moody’s rating agency changed the Israeli government’s credit outlook from negative to stable, citing the truce in Gaza as a stabilizing factor that prompted the adjustment.

Israeli Finance Minister Bezalel Smotrich reacted to the change, tweeting on Saturday evening: “We weren’t alarmed when the rating dropped. We believed in Israel’s economy, managed it properly, and knew that with victory in the war, the economy too would triumph, with God’s help, and demonstrate unparalleled resilience.”

The Jewish state currently has a different credit rating at each of the three top credit rating agencies.

At Fitch, its rating (A) is one notch higher than at Moody’s, alongside Japan and Slovenia. S&P Global Ratings also grades Israel at A, alongside Spain and Saudi Arabia.