The monthly minimum wage in Israel is 1472 USD. Israel has a public debt equivalent to 13% of the country's gross domestic product (GDP) as of 2012. In terms of consumer prices, the inflation rate in Israel is 1.7%. The currency of Israel is the Israeli new shekel. There are several plural forms of the name "Israeli new shekel". These are shekels, Shekalim. The symbol used for this currency is ₪ and is abbreviated as ILS. The Israeli new shekel is divided into agora; there are 100 in a new shekel. Every year, consumers spend around $164,040 million. The ratio of consumer spending to GDP in Israel is 0.06%, and the ratio of consumer spending to world consumer market is 38%. The corporate income tax in Israel is 26.5%. Personal income tax ranges from 11.5% to 50% depending on your specific situation and income level. VAT in Israel is 17%.

Gross domestic product
The total Gross Domestic Product (GDP) valued at Purchasing Power Parity (PPP) in Israel is US$272,112 billion. Gross Domestic Product (GDP) per capita, calculated as Purchasing Power Parity (PPP) in Israel was last seen at $32,191,780. PPP in Israel is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Israel is 291,567 billion. Based on this statistic, Israel is considered to be one large economy. Countries with large economies support a variety of industries and businesses and offer numerous opportunities for investment. Large economies support a significant financial sector, making it easy to organize investments and financial transactions. It should be very easy to find good investment opportunities in Israel. The gross domestic product (GDP) per capita in Israel was last recorded at $34,493,373. The average citizen in Israel has very high net worth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual growth rate of GDP in Israel averaged 2.5% in 2014. According to this percentage, Israel is currently experiencing modest growth. Modest growth countries offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will increase accordingly.