The average net household income was NIS 12,020 in 2010, 3.1% more in real terms than in 2009, the Central Bureau of Statistics reported today. Average gross household income rose 3.2% to NIS 14,385.
On Monday, the Central Bureau of Statistics reported that the average Israeli household spent NIS 13,496 a month in 2010, 1% more than in 2009.
The top 20% of households accounted for 40% of total household net income, while the bottom 20% accounted for 6%. The middle 60% accounted for the rest - a level unchanged for the past 14 years.
Israel's Gini coefficient, which measures inequality, was 0.384, above the OECD average of 0.31. The Gini coefficient declined from 0.389 in 2009, but was well above the 0.353 in 2000. Israel's Gini coefficient in 2010 was the same as in the US
77.1% of household income came from labor (NIS 11.093), and 11.3% (NIS 1,630) from pensions and other state sources of support.
Average gross salary was NIS 8,100 in 2010; the average gross salary of men was NIS 9,720, and average gross salary of women was NIS 6,389 - 66% of men's salaries. The salary gap narrowed by three percentage points in 2009-10.
Published by Globes [online], Israel business news - www.globes-online.com - on September 7, 2011
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