Country Comparison

Finland vs Sweden

Compare average wages, long-term wage changes and eight consumer price categories using OECD data.

At a Glance

Finland flagFinland

vs

SwedenSweden flag

$63,0532025

Latest Average Wage

Finland +2.6%

(vs Sweden)

$61,4432025
−0.1%2025

5-Year Wage Change

Finland +1.6 pts

(vs Sweden)

−1.7%2025
+3.8%2025

10-Year Wage Change

Finland +0.6 pts

(vs Sweden)

+3.2%2025
83.82024

Overall Price Level

Finland +2.3 index points

(vs Sweden)

81.52024

Wages are PPP-adjusted average annual wages; price levels use the United States reference of 100. Years shown are each country's latest reported observation.

How Wages Have Changed

Follow PPP-adjusted average annual wages in constant prices across both economies.

$59k$61k$62k$64k$66k20152016201720182019202020212022202320242025

USD PPP, constant prices · missing years shown as gaps, never interpolated

Finland flag

Finland

Latest Average Wage

−0.1% · 5 years

$63,053

Sweden flag

Sweden

Latest Average Wage

−1.7% · 5 years

$61,443

Wage Milestones

Finland flagFinland

10 Years Ago

$60,740 (2015)

Historical Peak

$65,186 (2021)

Latest Wage

$63,053 (2025)

1Y +1.1% · 5Y −0.1% · From Peak −3.3%

Sweden flagSweden

10 Years Ago

$59,542 (2015)

Historical Peak

$63,923 (2021)

Latest Wage

$61,443 (2025)

1Y +0.9% · 5Y −1.7% · From Peak −3.9%

Compare Everyday Price Levels

See how eight consumer price categories compare with the United States reference value of 100.

United States = 100 · Differences shown in index points

Finland (FIN)Sweden (SWE)

Overall

+2.3 index points

100
83.8vs81.5

Food

+2.3 index points

100
93.1vs90.8

Clothing

0.0 index points

100
109vs109

Housing

+6.5 index points

100
70.7vs64.2

Health

+4.0 index points

100
75.4vs71.4

Transport

0.0 index points

100
117vs117

Recreation

+2.6 index points

100
101vs98.4

Restaurants & Accommodation

+6.0 index points

100
103vs97

What Stands Out

01

Latest Wage Gap

Finland's latest average wage is $63,053 for 2025, about 2.6% higher than Sweden's $61,443 for 2025 — a relative difference calculated from the two reported values. That is roughly $1,610 a year on the same PPP basis.

02

Stronger Recent Trend

On the latest one-year change, Finland shows the stronger movement at +1.1%, against +0.9% for Sweden. The five-year horizon keeps the same ordering: −0.1% against −1.7%. Both percentages are real, PPP-adjusted changes from the reported wage series.

03

Largest Price Gap

Housing shows the widest price gap of the comparable categories in 2024: 70.7 for Finland against 64.2 for Sweden. Measured on the US=100 scale, the two readings for this category are 6.5 index points apart, Finland above Sweden. Index points are not percentages; the two scales answer different questions.

04

Closest Price Category

The closest category is Transport: Finland reads 117 and Sweden 117 for 2024 — effectively the same relative price level on the US=100 scale. The next closest is Clothing at 0.0 index points apart. Closeness here describes the index readings only, not the baskets behind them.

Understanding the Comparison

Wage Position illustration

Wage Position

Finland and Sweden report nearly the same PPP-adjusted average annual wage: $63,053 for 2025, against $61,443 for 2025. The difference is 2.6% in relative terms — a percentage calculated from the two reported values — or roughly $1,610 a year, which is small next to either figure. Both figures are expressed in USD PPP at constant 2025 prices, so they can be set side by side without any further conversion. Over ten years Finland recorded +3.8% and Sweden +3.2%, so the two series have been moving in the same long-term direction. For most side-by-side readings the two wage levels can be treated as equivalent within this dataset.

Wage Direction illustration

Wage Direction

No single shared direction describes this pairing; each side follows its own recent path. Finland is partway through a recovery: the latest year added +1.1%, though the level remains 3.3% below its peak. Sweden is partway through a recovery: the latest year added +0.9%, though the level remains 3.9% below its peak. With the five-year changes at −0.1% for Finland and −1.7% for Sweden, the horizons are clearer when read side by side rather than folded into one trend statement. All changes here are measured in real, PPP-adjusted terms, so they describe purchasing-power movement rather than nominal pay increases.

Price Profile illustration

Price Profile

Finland's overall consumer price level for 2024 reads 83.8, and Sweden's reads 81.5, each measured against the United States reference of 100. Finland reads higher in 6 of the 8 comparable categories, so the price profile leans consistently to one side. The widest separation is in Housing: 70.7 for Finland against 64.2 for Sweden, a gap of 6.5 index points. At the other end, Transport brings the two closest — 117 versus 117, a gap of just 0.0 index points. Relative to the US benchmark, Finland reads above 100 in 4 of its 8 reported categories, and Sweden in 2 of its 8.

Wage and price data should not be combined into a verdict on which country is better to live in.

Average wages are PPP-adjusted and expressed in constant prices. Consumer price levels use the United States as the reference value of 100.