Country Comparison

New Zealand vs Sweden

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

At a Glance

New Zealand flagNew Zealand

vs

SwedenSweden flag

$60,8962025

Latest Average Wage

Sweden +0.9%

(vs New Zealand)

$61,4432025
+2.6%2025

5-Year Wage Change

New Zealand +4.3 pts

(vs Sweden)

−1.7%2025
+15.5%2025

10-Year Wage Change

New Zealand +12.3 pts

(vs Sweden)

+3.2%2025
81.62024

Overall Price Level

New Zealand +0.1 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.

$52k$55k$58k$62k$65k20152016201720182019202020212022202320242025

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

New Zealand flag

New Zealand

Latest Average Wage

+2.6% · 5 years

$60,896

Sweden flag

Sweden

Latest Average Wage

−1.7% · 5 years

$61,443

Wage Milestones

New Zealand flagNew Zealand

10 Years Ago

$52,727 (2015)

Historical Peak

$62,034 (2021)

Latest Wage

$60,896 (2025)

1Y +0.7% · 5Y +2.6% · From Peak −1.8%

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

New Zealand (NZL)Sweden (SWE)

Overall

+0.1 index points

100
81.6vs81.5

Food

+11.2 index points

100
102vs90.8

Clothing

−32.8 index points

100
76.2vs109

Housing

+40.8 index points

100
105vs64.2

Health

−25.8 index points

100
45.6vs71.4

Transport

−25.0 index points

100
92vs117

Recreation

−6.8 index points

100
91.6vs98.4

Restaurants & Accommodation

+6.0 index points

100
103vs97

What Stands Out

01

Latest Wage Gap

Sweden's latest average wage is $61,443 for 2025, about 0.9% higher than New Zealand's $60,896 for 2025 — a relative difference calculated from the two reported values. In annual terms the gap comes to about $547 on the same PPP basis.

02

Stronger Recent Trend

On the latest one-year change, Sweden shows the stronger movement at +0.9%, against +0.7% for New Zealand. The five-year horizon reverses the ordering — New Zealand at +2.6% and Sweden at −1.7% — so the latest year is not the whole story. 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: 105 for New Zealand against 64.2 for Sweden. Measured on the US=100 scale, the two readings for this category are 40.8 index points apart, New Zealand above Sweden. The gap is stated in index points, which are not interchangeable with percentages.

04

Closest Price Category

The closest category is Overall: New Zealand reads 81.6 and Sweden 81.5 for 2024 — effectively the same relative price level on the US=100 scale. The next closest is Restaurants & Accommodation at 6.0 index points apart. A gap this small leaves the category effectively tied on the shared US=100 scale.

Understanding the Comparison

Wage Position illustration

Wage Position

New Zealand and Sweden report nearly the same PPP-adjusted average annual wage: $61,443 for 2025, against $60,896 for 2025. The difference is 0.9% in relative terms — a percentage calculated from the two reported values — or roughly $547 a year, which is small next to either figure. Because both values already sit on the same USD PPP, constant-2025-price footing, the comparison adjusts for price-level differences between the two economies. Over ten years New Zealand recorded +15.5% 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

Opposite directions define this pairing, and they pull the two wage levels closer together. New Zealand has risen across the reported horizons, with a one-year change of +0.7% and a five-year change of +2.6%. Sweden is partway through a recovery: the latest year added +0.9%, though the level remains 3.9% below its peak. The side gaining in real terms is New Zealand, the lower of the two latest wage levels (+2.6% over five years against −1.7%), so on these measures the two are closing in rather than drifting apart. Each percentage is a real, PPP-adjusted change; nominal pay movements are outside what this dataset reports.

Price Profile illustration

Price Profile

New Zealand's overall consumer price level for 2024 reads 81.6, and Sweden's reads 81.5, each measured against the United States reference of 100. Neither country is uniformly higher: New Zealand leads in 3 of the 8 comparable categories and Sweden in 4, so the profile splits by category rather than by country. Housing separates the two most: New Zealand reads 105 and Sweden 64.2, 40.8 index points apart. The two sit closest in Overall (81.6 versus 81.5), only 0.1 index points apart. Counted against the US reference of 100, 3 of New Zealand's 8 reported categories sit above the line, against 2 of Sweden's 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.