Wages in Sweden increased 3.70 percent in May 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.