Sweden
PPP-adjusted average annual wage
$61,443 2025
Sweden records a 2025 average annual wage of 61443.422 USD PPP in constant prices. The 2024 consumer price profile shows mixed results, with transport and clothing exceeding the United States benchmark while six other categories remain lower. Price data is unavailable for 2022 and 2023.
1-Year Change
+0.9%
vs 2024
5-Year Change
−1.7%
vs 2020
Overall Price Level
81.5
2024 · United States = 100
Wage data: 2025 · Price data: 2024
Wage History
Track PPP-adjusted average annual wages in constant prices over time.
PPP-adjusted annual wage (USD)
USD PPP, constant 2025 prices
Wage Key Facts
Latest Wage
$61,443
Latest Year
2025
1-Year Change
+0.9%
5-Year Change
−1.7%
10-Year Change
+3.2%
Historical Peak
$63,923
Peak Year
2021
Change From Peak
−3.9%
What the Wage Trend Shows
The 2025 average annual wage reached 61443.422 USD PPP. This marks a 0.88 percent gain compared to the previous year.
Five-year performance shows a 1.68 percent decline despite long-term growth of 60.76 percent. Current earnings sit 3.88 percent below the 2021 peak.
Consumer Price Levels
Compare eight consumer price categories with the United States benchmark of 100.
United States = 100
What Prices Look Like
Highest: Transport
Transport has the highest relative price level among the available categories, at 117 (United States = 100).
Lowest: Housing
Housing is the lowest at 64.2, −35.8 index points against the United States benchmark.
Overall vs United States
The overall price level is 81.5, below the United States benchmark (−18.5 index points).
Wage and Price Snapshot
Read the latest wage record and the selected price benchmark together, without merging their years.
Transport prices exceeded the United States benchmark with an index of 117. Clothing also registered above parity at 109 in 2024.
Overall consumption stood at 81.5, representing a -18.5 point gap from the United States. Housing costs were notably lower at 64.2.
Six of eight categories fell below the United States reference level. Recreation and restaurants showed minimal gaps of -1.6 and -3 points respectively.
- Latest wage recordWage year 2025
- $61,443
- Price category coveragePrice year 2024
- 8 of 8
- Relative to United States6 below, 0 at 100
- 2 above
Compare Sweden
See how Sweden's wages and price levels compare with other OECD economies.
South Korea$61,2592025−0.3%lower
New Zealand$60,8962025−0.9%lower
France$60,4832025−1.6%lower
Finland$63,0532025+2.6%higher
Slovenia$63,3762025+3.1%higher
Lithuania$58,1122025−5.4%lower
Spain$57,7792025−6.0%lower
Israel$57,4262025−6.5%lower
Türkiye$57,2752024−6.8%lower
United Kingdom$66,2992025+7.9%higher
Canada$67,9012025+10.5%higher
Italy$53,8642025−12.3%lowerSimilar Economies
How to Read This Country Page
Three boundaries keep wage and price comparisons from being misread.
- Wage basis
- The annual wage is expressed in USD PPP at constant 2025 prices. It is an average, not a median wage, local-currency amount, or take-home figure.
- Years stay separate
- The latest wage year and the price year do not have to match. Price controls read only 2022, 2023, or 2024 and never substitute another year.
- Price benchmark
- 100 represents the United States price level. A value of 120 is reported here as 20 index points above that benchmark.
Data Coverage and Limits
See which years are actually present before comparing wage and price records.
Wage data covers 35 years starting from 1990 through 2025. A total of 36 observations document earnings evolution across this span.
Consumer price reporting is currently limited to the 2024 observation year. Earlier periods lack the necessary category values for comparison.
Initial wage records show 38220.442 USD PPP in 1990. Sustained reporting enables calculation of multi-decade changes despite price data gaps.
- Wage observations
- 36
- Wage coverage
- 1990-2025
- Price categories · 2024
- 8 of 8
- Price categories · 2023
- 0 of 8
- Price categories · 2022
- 0 of 8
Frequently Asked Questions
What is the average annual wage in Sweden?
The average annual wage in Sweden is 61443.422 USD PPP for 2025. This measure applies constant 2025 prices with purchasing power adjustment.
How has the average wage changed in Sweden?
Wages grew 0.88 percent in the last year but declined 1.68 percent over five years. Long-term expansion since 1990 totals 60.76 percent.
What are consumer price levels like in Sweden?
Price levels in 2024 vary significantly by category relative to the United States. Transport and clothing exceed the benchmark while housing and health fall well below.
Have wages in Sweden fallen over the past five years?
Yes, wages decreased 1.68 percent between 2020 and 2025. The current level also sits 3.88 percent below the 2021 historical peak.
Wage data
OECD Average Annual Wages
Price data
OECD Comparative Price Levels
Reported coverage
Wages through 2025 · Prices through 2024