Wages in Sweden increased to 176.10 SEK/Hour in October from 174.70 SEK/Hour in September of 2019. Wages in Sweden averaged 155.65 SEK/Hour from 2008 until 2019, reaching an all time high of 177.70 SEK/Hour in June of 2019 and a record low of 133.60 SEK/Hour in February of 2008. source: Statistics Sweden

Wages in Sweden is expected to be 177.56 SEK/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Sweden to stand at 181.03 in 12 months time. In the long-term, the Sweden Average Hourly Wages is projected to trend around 193.18 SEK/Hour in 2020, according to our econometric models.


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Sweden Average Hourly Wages

Actual Previous Highest Lowest Dates Unit Frequency
176.10 174.70 177.70 133.60 2008 - 2019 SEK/Hour Monthly
Current Prices, NSA


Sweden Average Hourly Wages
In Sweden, wages are benchmarked using average hourly earnings.

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.80 6.00 10.50 1.30 percent [+]
Employed Persons 5140.00 5138.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 378.00 330.00 503.00 243.00 Thousand [+]
Long Term Unemployment Rate 0.80 0.90 3.50 0.30 percent [+]
Youth Unemployment Rate 20.10 19.60 27.80 2.90 percent [+]
Labour Costs 135.30 134.70 135.30 100.00 points [+]
Job Vacancies 933.00 728.00 1520.00 51.00 Hundred [+]
Wages 176.10 174.70 177.70 133.60 SEK/Hour [+]
Wages in Manufacturing 187.10 185.90 191.10 139.70 SEK/Hour [+]
Population 10.12 10.00 10.12 7.47 Million [+]
Retirement Age Women 61.00 61.00 61.00 61.00 [+]
Retirement Age Men 61.00 61.00 61.00 61.00 [+]
Labor Force Participation Rate 73.30 72.70 75.30 69.20 percent [+]
Wage Growth 2.30 2.30 7.10 1.90 percent [+]
Part Time Employment 1091.90 1117.30 1177.30 824.30 Thousand [+]
Productivity 114.10 105.10 114.50 68.30 points [+]
Employment Change 0.20 0.10 0.90 -1.00 percent [+]
Employment Rate 68.30 68.30 70.80 62.60 percent [+]
Full Time Employment 3916.70 3835.60 3916.70 2896.00 Thousand [+]