Wages in Manufacturing in Sweden decreased to 196 SEK/Hour in June from 196.10 SEK/Hour in May of 2021. source: Statistics Sweden

Wages in Manufacturing in Sweden averaged 167.86 SEK/Hour from 2008 until 2021, reaching an all time high of 196.10 SEK/Hour in January of 2021 and a record low of 139.70 SEK/Hour in February of 2008. This page provides - Sweden Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Average Hourly Wages in Manufacturing - values, historical data and charts - was last updated on September of 2021.

Wages in Manufacturing in Sweden is expected to be 190.96 SEK/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Average Hourly Wages in Manufacturing is projected to trend around 204.02 SEK/Hour in 2022 and 208.51 SEK/Hour in 2023, according to our econometric models.

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Sweden Average Hourly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
196.00 196.10 196.10 139.70 2008 - 2021 SEK/Hour Monthly
Current Prices, NSA

Sweden Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 8.00 10.50 1.30 percent [+]
Employed Persons 5124.00 5257.00 5271.00 4236.00 Thousand [+]
Unemployed Persons 479.00 454.00 591.00 243.00 Thousand [+]
Long Term Unemployment Rate 1.90 1.10 3.50 0.30 percent [+]
Youth Unemployment Rate 21.90 24.50 29.00 2.90 percent [+]
Labour Costs 142.10 142.00 142.10 100.00 points [+]
Job Vacancies 915.00 885.00 1520.00 51.00 Hundred [+]
Wages 184.10 184.70 184.70 133.60 SEK/Hour [+]
Wages in Manufacturing 196.00 196.10 196.10 139.70 SEK/Hour [+]
Population 10.33 10.23 10.33 7.47 Million [+]
Retirement Age Women 62.00 62.00 62.00 61.00 [+]
Retirement Age Men 62.00 62.00 62.00 61.00 [+]
Labor Force Participation Rate 74.50 76.20 76.40 69.20 percent [+]
Productivity 106.20 104.70 106.30 65.40 points [+]
Part Time Employment 961.60 1086.40 1177.30 824.30 Thousand [+]
Full Time Employment 3741.40 3768.50 3916.70 2896.00 Thousand [+]
Employment Change 0.30 0.50 0.90 -1.90 percent [+]
Employment Rate 70.10 68.50 70.70 62.60 percent [+]
Wage Growth 2.20 2.40 7.10 1.40 percent [+]