Income from capital was the main source of annual household income for the top percentile of earners in Israel during 2021. That year, earnings from capital reached 3.1 million Israeli shekels on average, about 818,000 U.S. dollars, which represented about 66 percent of annual income. Over the period observed, capital income grew significantly, peaking in 2017 at 4.6 million Israeli shekels, about 1.2 million U.S. dollars. The 2017 spike was due to a government decision to implement a one-time tax incentive to release "trapped" capital gains taxes. On the other hand, employment income accounted for almost 28 percent of household earnings among the wealthiest in the country.
Annual total household income among the top percentile of earners in Israel from 2013 to 2021, by source of income
(in million Israeli shekels)
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Israel Tax Authority. (August 21, 2024). Annual total household income among the top percentile of earners in Israel from 2013 to 2021, by source of income (in million Israeli shekels) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1497622/israel-annual-household-income-top-percentile-by-source/
Israel Tax Authority. "Annual total household income among the top percentile of earners in Israel from 2013 to 2021, by source of income (in million Israeli shekels)." Chart. August 21, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1497622/israel-annual-household-income-top-percentile-by-source/
Israel Tax Authority. (2024). Annual total household income among the top percentile of earners in Israel from 2013 to 2021, by source of income (in million Israeli shekels). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1497622/israel-annual-household-income-top-percentile-by-source/
Israel Tax Authority. "Annual Total Household Income among The Top Percentile of Earners in Israel from 2013 to 2021, by Source of Income (in Million Israeli Shekels)." Statista, Statista Inc., 21 Aug 2024, https://www.statista.com/statistics/1497622/israel-annual-household-income-top-percentile-by-source/
Israel Tax Authority, Annual total household income among the top percentile of earners in Israel from 2013 to 2021, by source of income (in million Israeli shekels) Statista, https://www.statista.com/statistics/1497622/israel-annual-household-income-top-percentile-by-source/ (last visited November 18, 2024)
Annual total household income among the top percentile of earners in Israel from 2013 to 2021, by source of income (in million Israeli shekels) [Graph], Israel Tax Authority, August 21, 2024. [Online]. Available: https://www.statista.com/statistics/1497622/israel-annual-household-income-top-percentile-by-source/
