Sweden Average Hourly Wages - Forecast

Wages in Sweden is expected to be 171.00 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 171.00 in 12 months time. In the long-term, the Sweden Average Hourly Wages is projected to trend around 180.00 SEK/Hour in 2020, according to our econometric models.


Sweden Average Hourly Wages
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Sweden Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 6.5 6.7 6 5.8 6.2 6.5
Employed Persons 5101 5085 5057 5046 5041 5037
Unemployed Persons 352 356 354 353 353 353
Long Term Unemployment Rate 1.2 1.2 1.2 1.2 1.2 1.2
Youth Unemployment Rate 15.6 15.74 15.31 15.07 14.91 14.42
Labour Costs 130 131 132 133 134 142
Job Vacancies 1077 930 929 1192 1124 1079
Wages 170 171 172 173 171 180
Wages in Manufacturing 182 183 180 182 180 190
Population 10 10.32 10.32 10.32 10.17 10.58
Retirement Age Women 61 61 61 61 61 61
Retirement Age Men 61 61 61 61 61 61
Labor Force Participation Rate 73.2 72.49 71.05 71.08 71.3 71.26
Productivity 104 108 117 108 105 110
Part Time Employment 1132 1129 1109 1129 1127 1126
Employment Change 0.6 0.42 0.44 0.41 0.32 0.31
Employment Rate 68.5 68.23 67.75 67.54 67.44 67.37
Full Time Employment 3687 3781 3869 3762 3738 3827