The average monthly salaries in Sweden increased from 2014 to 2022. While Swedes earned 31,400 Swedish kronor on average in 2014, they earned 38,300 in 2022, showing an increase of 22 percent over that time period. The highest average monthly earnings could be found among banking, finance, and insurance managers.

Men earn more than women

As is the norm in most European countries, men earn on average more than women in Sweden. However, women earned on average 95 percent of men's average wages in 2022, showing that Sweden is one of the most equal countries in the world in terms of gender payment.

Public and private sector

Sweden has a large public sector compared to many other countries, but the highest average wages are found in the private sector. In 2021, the average salary per month in the public sector was just short of 36,000 Swedish kronor, compared to nearly 38,000 in the private sector.

The highest average monthly salary in Sweden in 2022 was in the sector of financial institutions and insurance companies. The average monthly salary for employees at companies within this sector amounted to over 57,000 Swedish kronor in 2022, which is significantly higher than the average monthly salary for individuals with a tertiary education in Sweden.

 Insurance industry

The number of insurance companies at the market in Sweden amounted to more than 320 in 2020. Furthermore, more than 22,000 individuals were employed at insurance companies in 2020.

Hotel and restaurant industry

At the bottom of the list of average monthly earnings in Sweden in 2022 was hotels and restaurants, where the average monthly salary amounted to around 28,000 Swedish kronor. The hotel business in Sweden had experienced a growing number of employees before the COVID-19 pandemic hit, which has effected the hotel and restaurant business significantly.

Wages in Sweden increased to 203.60 SEK/Hour in April from 202 SEK/Hour in March of 2025. This dataset provides - Sweden Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Sweden Monthly Earnings

• Sweden Monthly Earnings stood at 4,519 USD in Dec 2024, compared with the previous figure of 4,543 USD in Nov 2024
• Sweden Monthly Earnings data is updated monthly, available from Jan 1996 to Dec 2024, with an average number of 4,329 USD
• The data reached the an all-time high of 5,598 USD in Mar 2014 and a record low of 2,251 USD in Jun 2001

• In the latest reports, Sweden Population reached 10 million people in Dec 2020
• Unemployment Rate of Sweden dropped to 7 % in May 2023
• The country's Labour Force Participation Rate increased to 75 % in Jan 2025

In Sweden, the annual average disposable income varies greatly between the different types of households. Whereas cohabiting households with children aged 20 to 29 had an average income of more than one million Swedish kronor in 2021, it was only 262,000 Swedish kronor for single women without children. The annual average household disposable income in Sweden that year was 536,600 Swedish kronor.

 Cohabiting and single households

The statistic paints a clear picture of cohabiting couples being far better off than single person households, regardless of whether they have children or not. Moreover, it is clear that cohabiting pairs with adult children, where both parents have been economically active for several years, are better off than the couples with younger children. On average, slightly more than two persons live in a Swedish household.

Most common type of household

The household with the lowest average income is also the most common type of household in Sweden. In 2022, over two million households in the country were single person households without children. Cohabiting couples without children made up the second most common type of household, followed by cohabiting couples with children.

Sweden SE: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 11.100 % in 2021. This records an increase from the previous number of 10.100 % for 2020. Sweden SE: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 8.900 % from Dec 1975 (Median) to 2021, with 27 observations. The data reached an all-time high of 11.100 % in 2021 and a record low of 5.200 % in 1987. Sweden SE: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Sweden town. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In Sweden town, the median household income for the households where the householder is White decreased by $11,851(14.84%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $79,851 in 2013 and $68,000 in 2023.
• Black or African American: As per the U.S. Census Bureau population data, in Sweden town, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Sweden town.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Sweden town median household income by race. You can refer the same here

Wages in Manufacturing in Sweden increased to 217.90 SEK/Hour in April from 215.50 SEK/Hour in March of 2025. This dataset provides - Sweden Average Hourly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

During the first half of the past decade, the annual average disposable income of households in Sweden increased regularly year by year. However, the growth flattened since 2016, but showed an increase of 30,000 Swedish kronor from 2020 to 2021.

The household type with the highest disposable income

The type of household with the highest disposable income in Sweden during 2021 was couples cohabiting with one or more adult children from 20 to 29 years. These households had on average a disposable income of more than one million Swedish kronor.

 Single-person household had the lowest disposable income

The most common type of households in Sweden in 2022 were single-person households without children, followed by cohabiting or married couples without children. Single-person households in 2021 were the household type that had the lowest average disposable income, amounting to 280,000 Swedish kronor. Single-women households without children had a lower average income than single-men.

About this dataset

Context

The dataset presents the median household income across different racial categories in Sweden town. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Sweden town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 89.85% of the total residents in Sweden town. Notably, the median household income for White households is $68,000. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $68,000.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Sweden town.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Sweden town median household income by race. You can refer the same here

Sweden - GDP and main components: Wages and salaries was EUR57340.20 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - GDP and main components: Wages and salaries - last updated from the EUROSTAT on July of 2025. Historically, Sweden - GDP and main components: Wages and salaries reached a record high of EUR57340.20 Million in March of 2025 and a record low of EUR17439.00 Million in December of 1993.

In 2021, workers in Sweden earned on average ****** Swedish kronor monthly, while civil servants had an average salary of ****** Swedish kronor per month. What is more, men tend to earn a higher monthly salary than women.

Sweden SE: Wages Index: % Change data was reported at 2.578 % in 2016. This records a decrease from the previous number of 2.712 % for 2015. Sweden SE: Wages Index: % Change data is updated yearly, averaging 6.443 % from Dec 1949 (Median) to 2016, with 68 observations. The data reached an all-time high of 23.464 % in 1975 and a record low of -1.453 % in 1993. Sweden SE: Wages Index: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Sweden – Table SE.IMF.IFS: Wages, Labour Cost and Employment Index: Annual.

Wages in Sweden increased 2.10 percent in April of 2025 over the same month in the previous year. This dataset provides - Sweden Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sweden - Gross disposable income was EUR148799.00 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Gross disposable income - last updated from the EUROSTAT on July of 2025. Historically, Sweden - Gross disposable income reached a record high of EUR148799.00 Million in March of 2025 and a record low of EUR115566.00 Million in June of 2020.

Explore the progression of average salaries for graduates in English-Swedish Translation from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of English-Swedish Translation relative to other fields. This data is essential for students assessing the return on investment of their education in English-Swedish Translation, providing a clear picture of financial prospects post-graduation.

Sweden SE: GDP: USD: Adjusted Net National Income per Capita data was reported at 44,237.728 USD in 2016. This records an increase from the previous number of 43,232.808 USD for 2015. Sweden SE: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 24,768.024 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 51,432.949 USD in 2013 and a record low of 4,162.081 USD in 1970. Sweden SE: GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

Sweden - Labour costs: Wages and salaries (total) was EUR27.50 in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Labour costs: Wages and salaries (total) - last updated from the EUROSTAT on June of 2025. Historically, Sweden - Labour costs: Wages and salaries (total) reached a record high of EUR27.80 in December of 2021 and a record low of EUR21.20 in December of 2008.

About this dataset

Context

The dataset tabulates the New Sweden town household income by age. The dataset can be utilized to understand the age-based income distribution of New Sweden town income.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• New Sweden, Maine annual median income by age groups dataset (in 2022 inflation-adjusted dollars)
• Age-wise distribution of New Sweden, Maine household incomes: Comparative analysis across 16 income brackets

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of New Sweden town income distribution by age. You can refer the same here

Forecast: Wages and Salaries in Financial Services in Sweden 2024 - 2028 Discover more data with ReportLinker!