Israel vs Spain

Compare PPP-adjusted average wages, long-term wage trends and consumer price levels using consistent OECD data.

Wage data: 2025 · Price data: 2024

Comparison Overview

Israel flagIsrael

Average wage (2025)

$57,426

1-year change
+0.5%
5-year change
+5.8%

Overall price level (2024)

93.1 (United States = 100)

Spain's latest PPP-adjusted average wage is approximately 0.6% higher than Israel's.

Spain flagSpain

Average wage (2025)

$57,779

1-year change
+1.2%
5-year change
+4.3%

Overall price level (2024)

59.4 (United States = 100)

Spain has the higher latest average wage of the two, by 0.6% on a PPP-adjusted basis. Over five years Israel shows the stronger change (+5.8% against +4.3%). Overall consumer prices are higher in Israel, at 93.1 against 59.4 on the United States = 100 scale — a gap of +33.7 index points. Both wage figures are for 2025 and the price levels for 2024, so the two economies are read at the same point in each series.

Wage History

See how PPP-adjusted average annual wages have changed in both economies.

PPP-adjusted annual wage (USD)

IsraelSpain
$45,000$50,000$55,000$60,000201520172019202120232025

USD PPP, constant 2025 prices

Wage Key Facts

MetricIsraelSpain
Latest wage$57,426$57,779
Latest year20252025
1-year change+0.5%+1.2%
5-year change+5.8%+4.3%
10-year change+19.8%+2.6%
Historical peak$57,426$58,456
Peak year20252009
Change from peak0.0%−1.2%

How the Wage Trends Compare

Current Position

Israel and Spain sit close together. Israel reports $57,426 for 2025 and Spain $57,779 for 2025 — a difference of 0.6%, small enough that the two read as comparable rather than ranked.

Both figures are for 2025, so this is a like-for-like comparison of the same year rather than of two different latest points.

Both use the same basis: PPP-adjusted US dollars at constant prices. That conversion strips out the price level differences between the two economies, which is what makes the two figures comparable at all — neither is a local-currency salary, and neither is what an employer in that country would write on a contract.

Recent Momentum

Spain had the stronger latest year (+1.2% against +0.5%).

Both moved up in the latest year, which leaves the ordering between them unchanged.

Widening the window to five years, the stronger of the two is Israel: +5.8% against +4.3%.

For both economies the latest year points the same way as the five-year change, so the recent movement reads as continuation rather than a turn.

Long-Term Direction

Across ten years both series are up — +19.8% for Israel and +2.6% for Spain. Over this horizon the two share a direction, and the difference between them is one of pace.

Israel is at its historical peak in the latest year, while Spain sits 1.2% from its high of 2009. One has recovered its previous ground and the other has not.

Consumer Price Level Comparison

Compare eight consumer price categories with the United States benchmark of 100.

United States = 100
Missing values are shown as -

All differences are shown in index points. United States = 100.

CategoryIsraelSpainDifference (ISR − ESP)ISR vs U.S.ESP vs U.S.
Overall93.159.4+33.7−6.9−40.6
Food12482+42.0+24.0−18.0
Clothing10680.6+25.4+6.0−19.4
Housing93.954.5+39.4−6.1−45.5
Health83.342.7+40.6−16.7−57.3
Transport10992.1+16.9+9.0−7.9
Recreation99.273.6+25.6−0.8−26.4
Restaurants & Accommodation13069.2+60.8+30.0−30.8
  • Overall

    Israel93.1
    Spain59.4
    Difference+33.7
    ISR vs U.S.−6.9
    ESP vs U.S.−40.6
  • Food

    Israel124
    Spain82
    Difference+42.0
    ISR vs U.S.+24.0
    ESP vs U.S.−18.0
  • Clothing

    Israel106
    Spain80.6
    Difference+25.4
    ISR vs U.S.+6.0
    ESP vs U.S.−19.4
  • Housing

    Israel93.9
    Spain54.5
    Difference+39.4
    ISR vs U.S.−6.1
    ESP vs U.S.−45.5
  • Health

    Israel83.3
    Spain42.7
    Difference+40.6
    ISR vs U.S.−16.7
    ESP vs U.S.−57.3
  • Transport

    Israel109
    Spain92.1
    Difference+16.9
    ISR vs U.S.+9.0
    ESP vs U.S.−7.9
  • Recreation

    Israel99.2
    Spain73.6
    Difference+25.6
    ISR vs U.S.−0.8
    ESP vs U.S.−26.4
  • Restaurants & Accommodation

    Israel130
    Spain69.2
    Difference+60.8
    ISR vs U.S.+30.0
    ESP vs U.S.−30.8

Israel and Spain in Detail

Current Wage Position

Israel reports a PPP-adjusted average annual wage of $57,426 for 2025, and Spain $57,779 for 2025. That puts Spain ahead by 0.6%.

Both figures are PPP-adjusted: converted using purchasing power parities rather than market exchange rates, and expressed in constant prices so different years stay comparable.

This matters for reading the gap. A market-rate conversion would move with currency markets and would not reflect what the money buys in each economy. These figures are built to compare purchasing power, not to tell you what a currency transfer would be worth.

Recent Wage Momentum

In the latest reported year Israel changed by +0.5% and Spain by +1.2%. A single year is a narrow window, so it is worth reading alongside the five-year figure rather than on its own.

Over five years, Israel records the larger change at +5.8%, against +4.3% for Spain. That is the difference in how far each series has travelled over the medium term, in real PPP-adjusted terms.

Short-term and five-year movement point the same way for both economies, so neither is currently being pulled against its own medium-term direction.

Long-Term Wage Direction

Across ten years the changes are +19.8% for Israel and +2.6% for Spain. This is the longest horizon the data covers, and it is the one least affected by any single year's movement.

Israel reached its highest recorded value of $57,426 in 2025, and the latest figure sits 0.0% from that high.

Spain peaked at $58,456 in 2009, leaving its latest value 1.2% away from that point.

Both long-term series move the same way, so the difference between these two economies is one of degree over ten years rather than of direction.

Consumer Price Profile

Against the United States benchmark of 100, overall consumption sits at 93.1 in Israel and 59.4 in Spain — +33.7 index points apart.

The categories that separate them most are Restaurants & Accommodation (+60.8) and Food (+42.0).

Transport is where they are nearest, at 109 and 92.1.

Across the categories with data, Israel is the more expensive of the two more often than not.

How to Interpret the Comparison

These are average wages, not median wages, and not take-home pay. An average is pulled by the whole distribution, so it does not describe a typical individual, occupation, city or employer in either economy.

The wage figures are already PPP-adjusted and in constant prices. They are not local-currency salaries and not amounts convertible at a market exchange rate.

The price levels are relative indices against United States = 100. They describe how price levels compare, not what a household actually spends.

Wages and price levels should not be combined into a verdict on which country is better. This page is for understanding how the two wage trends and price structures differ — nothing further follows from it.

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Latest data check

May 15, 2025