A survey released this morning by the Central Bureau of statistics on Wednesday shows Israeli households’ incomes declined in 2011.
CBS’ numbers show a decreased of 1.7% in gross household income for 2011. The most significant decline was recorded for households headed by self-employed individuals where the average income was recorded at NIS 19 434 a month, a decrease of about four percent from the numbers of 2010. For households headed by a company employee, income declined by a little over two percent.
In addition the survey shows a greater gap between the wealthiest and poorest of Israeli society, stating that inequality in 2011 was higher than in other developed countries.