Wages in Manufacturing in Sweden increased to 192.30 SEK/Hour in December from 189.90 SEK/Hour in November of 2020. source: Statistics Sweden

Wages in Manufacturing in Sweden averaged 166.76 SEK/Hour from 2008 until 2020, reaching an all time high of 192.30 SEK/Hour in December of 2020 and a record low of 139.70 SEK/Hour in February of 2008. This page provides - Sweden Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Average Hourly Wages in Manufacturing - values, historical data and charts - was last updated on April of 2021.

Wages in Manufacturing in Sweden is expected to be 197.11 SEK/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Sweden to stand at 203.62 in 12 months time. In the long-term, the Sweden Average Hourly Wages in Manufacturing is projected to trend around 203.62 SEK/Hour in 2022 and 198.68 SEK/Hour in 2023, according to our econometric models.

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Sweden Average Hourly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
192.30 189.90 192.30 139.70 2008 - 2020 SEK/Hour Monthly
Current Prices, NSA

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.70 9.30 10.50 1.30 percent [+]
Employed Persons 4949.00 4863.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 531.00 498.00 557.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.10 3.50 0.30 percent [+]
Youth Unemployment Rate 23.60 24.20 28.30 2.90 percent [+]
Labour Costs 140.40 139.90 140.40 100.00 points [+]
Job Vacancies 1192.00 1103.00 1520.00 51.00 Hundred [+]
Wages 181.60 179.00 181.60 133.60 SEK/Hour [+]
Wages in Manufacturing 192.30 189.90 192.30 139.70 SEK/Hour [+]
Population 10.33 10.23 10.33 7.47 Million [+]
Retirement Age Women 62.00 61.00 62.00 61.00 [+]
Retirement Age Men 62.00 61.00 62.00 61.00 [+]
Labor Force Participation Rate 71.30 73.00 75.40 69.20 percent [+]
Productivity 104.10 104.20 104.20 65.30 points [+]
Part Time Employment 1086.40 1049.50 1177.30 824.30 Thousand [+]
Full Time Employment 3768.50 3842.00 3916.70 2896.00 Thousand [+]
Employment Change 0.40 0.30 1.10 -1.90 percent [+]
Employment Rate 64.70 67.00 70.70 62.60 percent [+]
Wage Growth 1.40 1.30 7.10 1.20 percent [+]