Key Facts: British Virgin Islands vs Israel Wages
- British Virgin Islands Minimum Wage
- $8.50/hr
- Israel Minimum Wage
- ₪35.40/hr ($12.57 USD)
- Israel Avg. Gross Monthly Salary
- ₪12,000 /mo ($4,262.12 USD)
- Data Sources
- BVI Government — New Minimum Wage Announcement (2026-05-04), Ministry of Economy and Industry / National Insurance Institute; 2026 figure verified via Wikipedia List of countries by minimum wage (eff 2026-04-01) (2026-05-04)
British Virgin Islands 
Israel
Updated 2026-05-04
British Virgin Islands Minimum Wage
$8.50 /hr
Both high-income economies, British Virgin Islands and Israel set comparable minimum wage floors in USD terms.
Detailed Comparison
| Metric | British Virgin Islands | Israel |
|---|---|---|
| Minimum wage /hr | $8.50 | ₪35.40 $12.57 |
| Minimum wage /mo | $1,473.33 | ₪6,443.85 $2,288.71 |
| Minimum wage /yr | $17,680 | ₪77,326.20 $27,464.46 |
| Avg. gross salary /mo | N/A/mo | ₪12,000 /mo $4,262.12 |
| Avg. net salary /mo | N/A/mo | ₪9,000 /mo $3,196.59 |
| Median individual income /yr | N/A/yr | ₪108,000 /yr $38,359.08 |
Percentage differences are based on USD equivalent values. Positive means British Virgin Islands is higher.
Work Week
- British Virgin Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Labour Code.
- Israel
-
42 hrs/wk standard
Max 42 hrs/wk
Overtime : 1.25x pay
Standard workweek reduced from 43 to 42 hours in April 2018. Typically 5-day work week (8.4 hrs/day) or 6-day week. First 2 overtime hours: 125% of regular rate; subsequent hours: 150%. Weekly rest day is typically Friday evening to Saturday evening (Shabbat). Maximum 12 hours in any workday.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in British Virgin Islands earns 48% less per hour in USD terms than one in Israel. Standard work weeks differ: British Virgin Islands mandates 40 hours while Israel mandates 42 hours. A minimum wage worker's weekly earnings in British Virgin Islands are $340 vs $528 in Israel.
See this comparison from Israel's perspective: Israel vs British Virgin Islands
Compare British Virgin Islands with...
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British Virgin Islands vs India ₹ 4,576 /mo 
British Virgin Islands vs Japan ¥ 1,121 /hr 
British Virgin Islands vs France € 12.02 /hr 
British Virgin Islands vs South Korea ₩ 10,320 /hr 
British Virgin Islands vs Canada C$ 18.1 /hr 
British Virgin Islands vs Australia A$ 24.95 /hr 
British Virgin Islands vs Brazil R$ 7.37 /hr 
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British Virgin Islands vs Mexico MX$ 9,583.52 /mo 
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British Virgin Islands vs Saudi Arabia ﷼ 23.08 /hr 
British Virgin Islands vs Turkey ₺ 164.94 /hr 
British Virgin Islands vs Switzerland 
British Virgin Islands vs Poland zł 31.4 /hr 
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British Virgin Islands vs New Zealand NZ$ 23.5 /hr Frequently Asked Questions
Is the minimum wage higher in British Virgin Islands or Israel?
In British Virgin Islands, the minimum wage is $8.50/hr. In Israel, it is ₪35.40/hr ($12.57 USD). Israel has the higher rate by 48% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in British Virgin Islands may retain a larger share of their earnings if prices there are lower.
How do work hours compare between British Virgin Islands and Israel?
Israel has a longer standard work week at 42 hours, compared to 40 hours in British Virgin Islands. Workers in British Virgin Islands work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in British Virgin Islands working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.