Country Comparison

Sweden vs United Kingdom

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

At a Glance

Sweden flagSweden

vs

United KingdomUnited Kingdom flag

$61,4432025

Latest Average Wage

United Kingdom +7.9%

(vs Sweden)

$66,2992025
−1.7%2025

5-Year Wage Change

United Kingdom +2.8 pts

(vs Sweden)

+1.2%2025
+3.2%2025

10-Year Wage Change

United Kingdom +0.1 pts

(vs Sweden)

+3.3%2025
81.52024

Overall Price Level

United Kingdom +2.8 index points

(vs Sweden)

84.32024

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$63k$65k$67k20152016201720182019202020212022202320242025

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

Sweden flag

Sweden

Latest Average Wage

−1.7% · 5 years

$61,443

United Kingdom flag

United Kingdom

Latest Average Wage

+1.2% · 5 years

$66,299

Wage Milestones

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%

United Kingdom flagUnited Kingdom

10 Years Ago

$64,199 (2015)

Historical Peak

$66,480 (2019)

Latest Wage

$66,299 (2025)

1Y +0.7% · 5Y +1.2% · From Peak −0.3%

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

Sweden (SWE)United Kingdom (GBR)

Overall

−2.8 index points

100
81.5vs84.3

Food

+5.7 index points

100
90.8vs85.1

Clothing

+30.1 index points

100
109vs78.9

Housing

−31.2 index points

100
64.2vs95.4

Health

−0.7 index points

100
71.4vs72.1

Transport

+6.0 index points

100
117vs111

Recreation

+8.2 index points

100
98.4vs90.2

Restaurants & Accommodation

+9.8 index points

100
97vs87.2

What Stands Out

01

Latest Wage Gap

United Kingdom's latest average wage is $66,299 for 2025, about 7.9% higher than Sweden's $61,443 for 2025 — computed straight from the two reported values. That is roughly $4,856 a year 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 United Kingdom. The five-year horizon reverses the ordering — Sweden at −1.7% and United Kingdom at +1.2% — 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: 64.2 for Sweden against 95.4 for United Kingdom. United Kingdom sits on the higher side of that 31.2-point spread; Sweden reads 31.2 index points lower on the US=100 scale. Index points are not percentages; the two scales answer different questions.

04

Closest Price Category

The closest category is Health: Sweden reads 71.4 and United Kingdom 72.1 for 2024, just 0.7 index points apart on the US=100 scale. The next closest is Overall at 2.8 index points apart. Closeness here describes the index readings only, not the baskets behind them.

Understanding the Comparison

Wage Position illustration

Wage Position

United Kingdom's latest PPP-adjusted average wage is $66,299 for 2025, moderately higher than Sweden's $61,443 for 2025. In relative terms the gap is 7.9% — calculated from the two reported values — equivalent to about $4,856 a year on the same purchasing-power basis. Both figures are expressed in USD PPP at constant 2025 prices, so they can be set side by side without any further conversion. For scale, neither series has moved by that much within any single reported year, so the gap is structural rather than the product of one unusual observation. Over ten years Sweden recorded +3.2% and United Kingdom +3.3%, so the two series have been moving in the same long-term direction.

Wage Direction illustration

Wage Direction

This pairing shows two wage paths pulling apart rather than tracking each other. Sweden is partway through a recovery: the latest year added +0.9%, though the level remains 3.9% below its peak. United Kingdom stands just below its historical high of $66,480 in 2019, only 0.3% away, with a ten-year change of +3.3%. With United Kingdom gaining in real terms at +1.2% over five years and Sweden at −1.7%, the five-year measures move away from each other rather than closing in. 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

Sweden's overall consumer price level for 2024 reads 81.5, and United Kingdom's reads 84.3, each measured against the United States reference of 100. Neither country is uniformly higher: Sweden leads in 5 of the 8 comparable categories and United Kingdom in 3, so the profile splits by category rather than by country. The widest separation is in Housing: 64.2 for Sweden against 95.4 for United Kingdom, a gap of 31.2 index points. At the other end, Health brings the two closest — 71.4 versus 72.1, a gap of just 0.7 index points. Relative to the US benchmark, Sweden reads above 100 in 2 of its 8 reported categories, and United Kingdom in 1 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.