Wages in Sweden increased 3.50 percent in April of 2026 over the same month in the previous year. Wage Growth in Sweden averaged 3.26 percent from 1992 until 2026, reaching an all time high of 7.10 percent in May of 1996 and a record low of 1.50 percent in June of 2020. source: Swedish National Mediation Office

Wage Growth in Sweden is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Hourly Wage Growth YoY is projected to trend around 3.20 percent in 2027 and 3.10 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Average Weekly Hours 30.90 29.90 Hours May 2026
Employed Persons 5299.00 5226.00 Thousand May 2026
Employment Change 0.10 0.10 percent Mar 2026
Employment Rate 69.40 68.40 percent May 2026
Full Time Employment 4009.90 4031.20 Thousand Mar 2026
Job Vacancies 830.00 1052.00 Hundred May 2026
Labor Force Participation Rate 76.50 74.90 percent May 2026
Labour Costs 172.00 169.70 points Apr 2026
Long Term Unemployment Rate 2.10 1.90 percent Mar 2026
Part Time Employment 972.20 964.60 Thousand Mar 2026
Population 10.59 10.55 Million Dec 2025
Productivity 109.97 109.82 points Mar 2026
Retirement Age Men 63.00 63.00 Years Dec 2026
Retirement Age Women 66.00 66.00 Years Dec 2026
Unemployed Persons 548.80 500.10 Thousand May 2026
Unemployment Rate 9.40 8.70 percent May 2026
Wage Growth 3.50 3.60 percent Apr 2026
Wages 210.80 208.80 SEK/Hour Apr 2026
Wages in Manufacturing 227.40 224.00 SEK/Hour Apr 2026
Youth Unemployment Rate 24.40 24.60 percent May 2026


Sweden Hourly Wage Growth YoY
Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.60 7.10 1.50 1992 - 2026 percent Monthly
NSA