Wages in Manufacturing in Sweden increased to 187.10 SEK/Hour in October from 185.90 SEK/Hour in September of 2019. Wages in Manufacturing in Sweden averaged 164.57 SEK/Hour from 2008 until 2019, reaching an all time high of 191.10 SEK/Hour in June of 2019 and a record low of 139.70 SEK/Hour in February of 2008. source: Statistics Sweden

Wages in Manufacturing in Sweden is expected to be 189.44 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 192.34 in 12 months time. In the long-term, the Sweden Average Hourly Wages in Manufacturing is projected to trend around 205.24 SEK/Hour in 2020, according to our econometric models.

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Sweden Average Hourly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
187.10 185.90 191.10 139.70 2008 - 2019 SEK/Hour Monthly
Current Prices, NSA

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 [+]