Wages in Sweden increased 2.40 percent in June of 2019 over the same month in the previous year. Wage Growth in Sweden averaged 3.29 percent from 1992 until 2019, reaching an all time high of 7.10 percent in May of 1996 and a record low of 1.90 percent in April of 2016.

Wage Growth in Sweden is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Sweden to stand at 2.50 in 12 months time. In the long-term, the Sweden Hourly Wage Growth YoY is projected to trend around 3.30 percent in 2020, according to our econometric models.

Sweden Hourly Wage Growth YoY
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Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 6.90 10.50 1.30 percent [+]
Employed Persons 5129.00 5239.00 5281.00 4236.00 Thousand [+]
Unemployed Persons 393.00 390.00 503.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.00 3.50 0.30 percent [+]
Youth Unemployment Rate 21.40 19.30 27.80 2.90 percent [+]
Labour Costs 134.30 134.50 134.50 100.00 Index Points [+]
Job Vacancies 731.00 714.00 1520.00 51.00 Hundred [+]
Wages 177.70 177.30 177.70 133.60 SEK/Hour [+]
Wages in Manufacturing 191.10 189.50 191.10 139.70 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 73.50 74.90 75.30 69.20 percent [+]
Wage Growth 2.40 2.30 7.10 1.90 percent [+]
Part Time Employment 1117.30 1115.60 1177.30 824.30 Thousand [+]
Productivity 105.10 102.80 114.50 68.30 Index Points [+]
Employment Change -0.20 -0.10 1.10 -1.20 percent [+]
Employment Rate 68.30 69.80 70.80 62.60 percent [+]
Full Time Employment 3777.20 3817.10 3895.20 2896.00 Thousand [+]


Sweden Hourly Wage Growth YoY

This page provides - Sweden Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Hourly Wage Growth YoY - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.30 7.10 1.90 1992 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 2.60 Jun/19
Australia 2.30 Jun/19
Canada 2.50 Jun/19
Euro Area 2.70 Jun/19
France 0.80 Mar/19
Germany 1.30 Jun/19
Italy 0.70 Jul/19
Japan -0.30 Jul/19
Netherlands 2.68 Aug/19
Russia 3.00 Aug/19
Spain 4.92 Jul/19
Switzerland 0.50 Jun/19
United Kingdom 4.00 Jul/19
United States 5.20 Jul/19


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