Wages in Sweden increased to 179.50 SEK/Hour in May from 177.50 SEK/Hour in April of 2020.

Wages in Sweden averaged 156.68 SEK/Hour from 2008 until 2020, reaching an all time high of 179.50 SEK/Hour in May of 2020 and a record low of 133.60 SEK/Hour in February of 2008. This page provides - Sweden Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Average Hourly Wages - values, historical data and charts - was last updated on August of 2020. source: Statistics Sweden

Wages in Sweden is expected to be 175.05 SEK/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Sweden to stand at 179.32 in 12 months time. In the long-term, the Sweden Average Hourly Wages is projected to trend around 182.60 SEK/Hour in 2021 and 186.61 SEK/Hour in 2022, according to our econometric models.

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Sweden Average Hourly Wages

Actual Previous Highest Lowest Dates Unit Frequency
179.50 177.50 179.50 133.60 2008 - 2020 SEK/Hour Monthly
Current Prices, NSA

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.80 9.00 10.50 1.30 percent [+]
Employed Persons 5101.00 5023.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 557.00 497.00 557.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.00 3.50 0.30 percent [+]
Youth Unemployment Rate 28.70 25.90 28.70 2.90 percent [+]
Labour Costs 132.80 132.60 138.10 100.00 points [+]
Job Vacancies 514.00 626.00 1520.00 51.00 Hundred [+]
Wages 179.50 177.50 179.50 133.60 SEK/Hour [+]
Wages in Manufacturing 190.70 188.30 191.20 139.70 SEK/Hour [+]
Population 10.23 10.12 10.23 7.47 Million [+]
Retirement Age Women 62.00 61.00 62.00 61.00 [+]
Retirement Age Men 62.00 61.00 62.00 61.00 [+]
Labor Force Participation Rate 75.10 73.30 75.30 69.20 percent [+]
Productivity 103.40 103.50 103.50 65.30 points [+]
Part Time Employment 1110.00 1150.70 1177.30 824.30 Thousand [+]
Full Time Employment 3735.70 3776.00 3916.70 2896.00 Thousand [+]
Employment Change -0.50 0.10 1.10 -1.00 percent [+]
Employment Rate 67.70 66.70 70.80 62.60 percent [+]
Wage Growth 1.40 2.60 7.10 1.40 percent [+]


Sweden Average Hourly Wages
In Sweden, wages are benchmarked using average hourly earnings.