Wages in Sweden increased 2.80 percent in June of 2025 over the same month in the previous year. Wage Growth in Sweden averaged 3.25 percent from 1992 until 2025, 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 3.20 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 3.50 percent in 2026 and 3.30 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Average Weekly Hours 18.90 28.70 Hours Jul 2025
Employed Persons 5438.00 5402.00 Thousand Jul 2025
Employment Change 0.10 0.00 percent Jun 2025
Employment Rate 71.30 70.90 percent Jul 2025
Full Time Employment 3962.50 3989.90 Thousand Mar 2025
Job Vacancies 646.00 573.00 Hundred Jul 2025
Labor Force Participation Rate 77.50 78.20 percent Jul 2025
Labour Costs 166.80 166.80 points Jun 2025
Long Term Unemployment Rate 1.90 1.70 percent Mar 2025
Part Time Employment 987.60 979.30 Thousand Mar 2025
Population 10.59 10.55 Million Dec 2025
Productivity 106.46 105.50 points Jun 2025
Retirement Age Men 63.00 63.00 Years Dec 2025
Retirement Age Women 66.00 66.00 Years Dec 2025
Unemployed Persons 474.00 559.00 Thousand Jul 2025
Unemployment Rate 8.00 9.40 percent Jul 2025
Wage Growth 2.80 3.20 percent Jun 2025
Wages 208.30 207.60 SEK/Hour Jun 2025
Wages in Manufacturing 224.40 223.90 SEK/Hour Jun 2025
Youth Unemployment Rate 24.60 23.90 percent Jul 2025



Sweden Hourly Wage Growth YoY
Actual Previous Highest Lowest Dates Unit Frequency
2.80 3.20 7.10 1.50 1992 - 2025 percent Monthly
NSA