Key Facts: Faroe Islands vs Israel Wages
- Faroe Islands Minimum Wage
- No statutory minimum wage
- Israel Minimum Wage
- ₪35.40/hr ($12.57 USD)
- Faroe Islands Avg. Gross Monthly Salary
- kr34,278 /mo ($5,341.42 USD)
- Israel Avg. Gross Monthly Salary
- ₪12,000 /mo ($4,262.12 USD)
- Data Sources
- Statistics Faroe Islands (hagstova.fo) (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)
Faroe Islands 
Israel
Updated 2026-05-04
Faroe Islands has no statutory minimum wage, while Israel sets a floor of $13/hr. Average salaries are higher in Faroe Islands at $5,341/mo compared to $4,262/mo in Israel.
Detailed Comparison
| Metric | Faroe Islands | Israel |
|---|---|---|
| Minimum wage /hr | None | ₪35.40 $12.57 |
| Minimum wage /mo | None | ₪6,443.85 $2,288.71 |
| Minimum wage /yr | None | ₪77,326.20 $27,464.46 |
| Avg. gross salary /mo | kr34,278 /mo $5,341.42 | ₪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 $38,359.08 |
Percentage differences are based on USD equivalent values. Positive means Faroe Islands is higher.
Work Week
- Faroe Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Working conditions governed by collective agreements.
- Israel
-
42 hrs/wk standard
Max 42 hrs/wk
Overtime : 1.25x pay
Standard workweek reduced from 43 to 42 hours in April 2018. Typically 5-day work week (8.4 hrs/day) or 6-day week. First 2 overtime hours: 125% of regular rate; subsequent hours: 150%. Weekly rest day is typically Friday evening to Saturday evening (Shabbat). Maximum 12 hours in any workday.
What This Means for Workers
Standard work weeks differ: Faroe Islands mandates 40 hours while Israel mandates 42 hours.
See this comparison from Israel's perspective: Israel vs Faroe Islands
Compare Faroe Islands with...
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Faroe Islands vs India ₹ 4,576 /mo 
Faroe Islands vs Japan ¥ 1,121 /hr 
Faroe Islands vs France € 12.02 /hr 
Faroe Islands vs South Korea ₩ 10,320 /hr 
Faroe Islands vs Canada C$ 18.1 /hr 
Faroe Islands vs Australia A$ 24.95 /hr 
Faroe Islands vs Brazil R$ 7.37 /hr 
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Faroe Islands vs Mexico MX$ 9,583.52 /mo 
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Faroe Islands vs Saudi Arabia ﷼ 23.08 /hr 
Faroe Islands vs Turkey ₺ 164.94 /hr 
Faroe Islands vs Switzerland 
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Faroe Islands vs New Zealand NZ$ 23.5 /hr Frequently Asked Questions
Is the minimum wage higher in Faroe Islands or Israel?
In Faroe Islands, the minimum wage is no statutory minimum wage. In Israel, it is ₪35.40/hr ($12.57 USD).
How much more does the average worker earn in Faroe Islands compared to Israel?
The average gross salary in Faroe Islands is kr34,278/mo ($5,341.42 USD), compared to ₪12,000/mo ($4,262.12 USD) in Israel. In USD terms, workers in Faroe Islands earn approximately 25% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Faroe Islands and Israel is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Faroe Islands earn more in nominal terms, though how far that income stretches depends on local prices in Israel.
How do work hours compare between Faroe Islands and Israel?
Israel has a longer standard work week at 42 hours, compared to 40 hours in Faroe Islands. Workers in Faroe Islands work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Faroe 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.