In 2021, the average income of households among Israel's highest one percent of earners, reached 4.7 million Israeli shekels, about 1.2 million U.S. dollars. Moreover, incomes peaked in 2017, due to a one-time tax incentive introduced by the government to release "trapped" capital gains tax. Overall, the average income of wealthy families in the country increased by 62 percent between 2013 and 2021.
Annual average income of households in the top one percent of earners in Israel from 2013 to 2021
(in million Israeli shekels)
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Israel Tax Authority. (August 21, 2024). Annual average income of households in the top one percent of earners in Israel from 2013 to 2021 (in million Israeli shekels) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1497463/israel-annual-average-income-of-top-percentile-households/
Israel Tax Authority. "Annual average income of households in the top one percent of earners in Israel from 2013 to 2021 (in million Israeli shekels)." Chart. August 21, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1497463/israel-annual-average-income-of-top-percentile-households/
Israel Tax Authority. (2024). Annual average income of households in the top one percent of earners in Israel from 2013 to 2021 (in million Israeli shekels). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1497463/israel-annual-average-income-of-top-percentile-households/
Israel Tax Authority. "Annual Average Income of Households in The Top One Percent of Earners in Israel from 2013 to 2021 (in Million Israeli Shekels)." Statista, Statista Inc., 21 Aug 2024, https://www.statista.com/statistics/1497463/israel-annual-average-income-of-top-percentile-households/
Israel Tax Authority, Annual average income of households in the top one percent of earners in Israel from 2013 to 2021 (in million Israeli shekels) Statista, https://www.statista.com/statistics/1497463/israel-annual-average-income-of-top-percentile-households/ (last visited November 21, 2024)
Annual average income of households in the top one percent of earners in Israel from 2013 to 2021 (in million Israeli shekels) [Graph], Israel Tax Authority, August 21, 2024. [Online]. Available: https://www.statista.com/statistics/1497463/israel-annual-average-income-of-top-percentile-households/