Sweden
Data verified August 2026 · Sources
Sweden's 2025 wage figure of $61,443 is −3.9% under the 2021 peak of $63,923, and its price level reads 81.5 against US=100.
Sweden at a Glance
1Y Change
+0.9%
5Y Change
−1.7%
10Y Change
+3.2%
Historical Peak
$63,923 2021
Change From Peak
−3.9%
Overall Price Level
81.5
Sweden’s Wage Story
Follow how PPP-adjusted average annual wages have changed in Sweden using constant-price OECD data.
USD PPP, constant prices · missing years shown as gaps, never interpolated
Ten Years Ago
$59,542 (2015)
Historical Peak
$63,923 2021
Latest Wage
$61,443 2025
Data Coverage
Wage history: 1990–2025
Reported observations: 36
Missing wage years: None
Latest price data: 2024 · 8 of 8 categories available
A Five-Year Dip Inside a Positive Decade
Sweden's wage climbed +3.2% across ten years, falling −1.7% over five and adding +0.9% in the most recent year. The 2025 figure of $61,443 is 3.9% below the 2021 high of $63,923, so the profile is a pullback from the peak with the first signs of stabilisation. From $59,542 in 2015, the decade's modest gain was banked almost entirely before 2021. The pattern is a reminder that a negative five-year figure does not always mean a lost decade — here the decade stayed positive throughout. A dip that begins at a peak and ends near it is a different event from a slide that starts lower, and Sweden's is the former.
Negotiated Rates Beneath the Surface
What stands out in Sweden's wage data is the relationship between the horizons. Negotiated sectoral rates provide broad wage-floor protection, which gives the series an institutional steadiness even in soft years. The +0.9% one-year reading and the +3.2% ten-year reading belong in the same frame: a long, slow rise interrupted by a five-year dip that the latest year has only begun to repair.
A Relative Price Reading
Sweden's overall consumer price level for 2024 is 81.5 on the US-referenced index, 18.5 points under that mark. The reading is a relative standing — not a krona amount, not a price-growth rate — and it runs beside the dip-and-stabilise wage profile without merging into it. Sweden's wage series begins in 1990 with 36 observations.
Sweden’s Everyday Price Profile
Compare eight consumer price categories in Sweden with the United States reference value of 100.
Overall
Food
Clothing
Housing
Health
Transport
Recreation
Restaurants & Accommodation
What Stands Out
Highest: Transport
Transport has the highest relative price level of the 8 reported categories in 2024, at 117 against the United States reference of 100. That is +17.0 index points from the benchmark and 8.0 points ahead of the next category, Clothing at 109.
Lowest: Housing
Housing is the lowest of the reported categories in 2024 at 64.2, −35.8 index points against the United States benchmark of 100. The spread between the highest and lowest reported categories is 52.8 index points, which shows how uneven the 2024 price profile is across categories.
Overall vs United States
The overall price level for 2024 is 81.5, below the United States benchmark (−18.5 index points). Looking across the profile, of the 8 reported categories, 2 read above 100 and 6 below it, so the overall figure summarizes a spread of category positions rather than a uniform level.
Compare Sweden
Choose another OECD economy to compare wages, historical changes and all eight consumer price categories.
Frequently Asked Questions About Sweden
What is the average annual wage in Sweden?
Sweden records an average wage of $61,443 for 2025. The figure sits −3.9% under the 2021 peak.
How has the average wage changed in Sweden?
Across ten years the wage changed +3.2%; five-year and one-year changes are −1.7% and +0.9%. The current level is −3.9% off the 2021 peak. Horizons are computed against specific target years only.
What are consumer price levels like in Sweden?
Sweden's overall consumer price index is 81.5 for 2024, below the US at 100. That is a relative index standing, not a dollar amount or inflation rate.
How far is Sweden's wage from its peak?
The 2025 wage of $61,443 is −3.9% below Sweden's 2021 peak of $63,923; the latest-year change of +0.9% shows the current direction.