Wages in Manufacturing in Sweden decreased to 188.70 SEK/Hour in February from 191.20 SEK/Hour in January of 2020.

Wages in Manufacturing in Sweden averaged 165.25 SEK/Hour from 2008 until 2020, reaching an all time high of 191.20 SEK/Hour in January 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 May of 2020. source: Statistics Sweden

Wages in Manufacturing in Sweden is expected to be 193.01 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 192.29 in 12 months time. In the long-term, the Sweden Average Hourly Wages in Manufacturing is projected to trend around 194.78 SEK/Hour in 2021 and 199.07 SEK/Hour in 2022, according to our econometric models.

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Sweden Average Hourly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
188.70 191.20 191.20 139.70 2008 - 2020 SEK/Hour Monthly
Current Prices, NSA

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.20 7.10 10.50 1.30 percent [+]
Employed Persons 5005.00 5055.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 449.00 389.00 503.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.00 0.80 3.50 0.30 percent [+]
Youth Unemployment Rate 19.50 20.20 27.80 2.90 percent [+]
Labour Costs 138.10 138.00 138.10 100.00 points [+]
Job Vacancies 904.00 1361.00 1520.00 51.00 Hundred [+]
Wages 176.90 178.30 178.30 133.60 SEK/Hour [+]
Wages in Manufacturing 188.70 191.20 191.20 139.70 SEK/Hour [+]
Population 10.23 10.12 10.23 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 72.40 72.30 75.30 69.20 percent [+]
Productivity 103.50 103.00 103.50 65.30 points [+]
Part Time Employment 1150.70 1086.90 1177.30 824.30 Thousand [+]
Full Time Employment 3776.00 3916.70 3916.70 2896.00 Thousand [+]
Employment Change 0.30 0.20 1.10 -1.00 percent [+]
Employment Rate 66.40 67.10 70.80 62.60 percent [+]
Wage Growth 2.50 2.60 7.10 1.90 percent [+]