Wages in Sweden increased 3.70 percent in June of 2026 over the same month in the previous year. Wage Growth in Sweden averaged 3.27 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 23.80 19.00 Hours Aug 2026
Employed Persons 5423.00 5507.00 Thousand Aug 2026
Employment Change 0.10 0.10 percent Jun 2026
Employment Rate 70.90 72.00 percent Aug 2026
Full Time Employment 4061.50 4009.90 Thousand Jun 2026
Job Vacancies 587.00 580.00 Hundred Aug 2026
Labor Force Participation Rate 77.50 78.10 percent Aug 2026
Labour Costs 172.80 172.60 points Jun 2026
Long Term Unemployment Rate 1.90 2.10 percent Jun 2026
Part Time Employment 1006.10 972.20 Thousand Jun 2026
Population 10.61 10.59 Million Dec 2026
Productivity 110.79 109.61 points Jun 2026
Retirement Age Men 63.00 63.00 Years Dec 2026
Retirement Age Women 66.00 66.00 Years Dec 2026
Unemployed Persons 505.20 467.70 Thousand Aug 2026
Unemployment Rate 8.50 7.80 percent Aug 2026
Wage Growth 3.70 3.70 percent Jun 2026
Wages 215.40 214.90 SEK/Hour Jun 2026
Wages in Manufacturing 235.00 234.40 SEK/Hour Jun 2026
Youth Unemployment Rate 23.00 23.10 percent Aug 2026


Sweden Hourly Wage Growth YoY
Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.70 7.10 1.50 1992 - 2026 percent Monthly
NSA