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Average Salary in Sweden 2023

How much money does a person working in Sweden make?


Average Monthly Salary
45,300 SEK
( 543,000 SEK yearly)

LOW
11,400
SEK
AVERAGE
45,300
SEK
HIGH
201,000
SEK
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Sweden typically earns around 45,300 SEK. Salaries range from 11,400 SEK (lowest average) to 201,000 SEK (highest average, actual maximum salary is higher).


Salary Variance

This is the average salary including housing, transport, and other benefits. Salaries in Sweden vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.



Pay Scale and Salaries in Sweden

Median and salary distribution Sweden monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
84,800 SEK or more
10% of people earn
66,400 to 84,800 SEK
20% of people earn
25,800 SEK or less
65% of people earn
25,800 to 66,400 SEK
Minimum Salary
11,400 SEK
Median
39,000 SEK
Maximum
201,000 SEK




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Sweden range from 11,400 SEK (starting salary) to 201,000 SEK (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 39,000 SEK, which means that 50% of the population in Sweden earns less than that while the other half earns more. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population in Sweden earn less than 28,200 SEK while 75% of them earn more. Also from the diagram, 75% of the population earn less than 59,100 SEK while 25% earn more than that.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in Sweden. Around 65% of all reported figures are in the range 25,800 SEK to 66,400 SEK. Approximately 20% fall under the 25,800 SEK cap. Ten percent of wages are from 66,400 SEK to 84,800 SEK. Only 5% of people grossed 84,800 SEK or more.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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Salary is primarily determined by the level of experience one possesses, with higher levels of experience resulting in higher wages.

In Sweden, employees with two to five years of experience typically earn an average of 32% more than entry-level and junior workers in all industries and fields.

Individuals with more than five years of experience tend to earn an average of 36% more than those with less than five years of experience.

After ten years of work, salaries increase by 21%, with an additional 14% increase for those who have worked for over 15 years.

These figures should be used as rough estimates, as considering individual job titles can lead to more accurate assessments.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?

We conducted a study in Sweden comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.

Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.

Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.

Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.

Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job.


Is investing in a Master's degree or an MBA worth it? Is pursuing higher education worth the investment?

Earning a Master's degree or any post-graduate qualification in Sweden is a substantial financial commitment, with tuition fees ranging from 226,000 SEK to 679,000 SEK and a duration of around two years. It's important to note that during this period, any salary increases are unlikely, assuming ongoing employment. Salary reviews are typically conducted after completing the program and obtaining the degree.

Many individuals pursue advanced education as a means of transitioning to higher-paying positions, and the statistics indicate that this is an effective strategy. On average, individuals who change jobs after earning a higher degree receive a salary increase of about 10% more than the typical annual raise.

Ultimately, deciding whether or not to pursue advanced education depends on a variety of factors, including the personal situation and experience. However, if one can afford the financial costs of obtaining a higher degree, the return on investment is likely to be worthwhile, with the ability to recoup the costs in approximately a year.



Salary and Compensation Comparison By Gender / Sweden

Salary comparison by gender Sweden monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In Sweden, the average difference between the salary of male and female employees is 5% across all career fields.

Male
46,300 SEK
Female-5%
44,200 SEK
Percentage increase and decrease are relative to the previous value


Average Annual Salary Increment Percentage in Sweden

How much are annual salary increments in Sweden? How often do employees get salary raises?

Sweden

Employees in Sweden are likely to observe a salary increase of approximately 8% every 16 months.

Annual Salary Increment Rate Sweden
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Sweden is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates in Sweden

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Sweden
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48% of surveyed staff in Sweden reported that they haven't received any bonuses or incentives in the previous year while 52% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
52%
No Bonus
48%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Salaries for popular jobs. Salaries by occupations.

Job TitleAverage Salary
Accounting and Finance
Accountant33,200 SEK
Accounting Assistant26,200 SEK
Accounting Manager67,100 SEK
Bookkeeper22,000 SEK
Chartered Accountant40,600 SEK
Corporate Treasurer63,700 SEK
Financial Analyst57,500 SEK
Financial Manager93,600 SEK
Internal Auditor43,800 SEK

Administration / Reception / Secretarial
Administrative Assistant23,700 SEK
Office Manager40,000 SEK
Receptionist22,600 SEK
Secretary21,400 SEK

Advertising / Graphic Design / Events
Art Director47,500 SEK
Creative Director45,800 SEK
Graphic Designer30,500 SEK
Photographer24,700 SEK

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer60,000 SEK
Air Traffic Controller52,000 SEK
Flight Attendant33,000 SEK
Pilot78,100 SEK

Architecture
Architect57,300 SEK
CAD Drafter22,800 SEK

Automotive
Mechanic18,000 SEK
Service Advisor33,800 SEK

Banking
Bank Branch Manager85,900 SEK
Teller17,200 SEK

Bilingual
Teacher34,100 SEK
Translator40,600 SEK

Business Planning
Business Analyst59,800 SEK
Business Development Manager72,800 SEK
Project Manager60,100 SEK

Care Giving and Child Care
Nanny19,600 SEK
Nursery Teacher17,800 SEK

Construction / Building / Installation
Civil Engineer41,400 SEK
Construction Project Manager73,200 SEK
Health and Safety Officer21,200 SEK

Customer Service and Call Center
Call Center Representative16,800 SEK
Customer Service Manager65,500 SEK
Customer Service Representative18,300 SEK

Engineering
Civil Engineer40,700 SEK
Electrical Engineer44,600 SEK
Engineer43,700 SEK
Mechanical Engineer45,600 SEK

Executive and Management
Chief Executive Officer108,000 SEK
Chief Financial Officer92,200 SEK
General Manager84,900 SEK
Project Manager51,700 SEK

Food / Hospitality / Tourism / Catering
Chef27,900 SEK
Executive Chef32,900 SEK
Hotel Manager83,600 SEK
Receptionist17,600 SEK
Travel Agent29,200 SEK
Waiter / Waitress14,700 SEK

Health and Medical
Dentist107,000 SEK
Dietitian92,100 SEK
Laboratory Technician36,200 SEK
Nurse37,700 SEK

Human Resources
Human Resources Manager70,600 SEK
Human Resources Officer29,300 SEK

Information Technology
Computer Technician35,300 SEK
Database Administrator44,600 SEK
Developer / Programmer45,400 SEK
Information Technology Manager74,800 SEK
Network Engineer40,500 SEK

Law Enforcement / Security / Fire
Police Officer27,600 SEK

Legal
Attorney88,000 SEK
Legal Assistant23,900 SEK

Media / Broadcasting / Arts / Entertainment
Journalist54,700 SEK

Pharmaceutical and Biotechnology
Biomedical Engineer39,200 SEK
Pharmacist58,700 SEK

Sales Retail and Wholesale
Cashier17,000 SEK
Sales Manager81,800 SEK
Sales Representative31,100 SEK

Teaching / Education
Elementary School Teacher30,700 SEK
Secondary School Teacher39,300 SEK

Average Hourly Wage in Sweden


260 SEK per hour

The average hourly wage (pay per hour) for all employees in Sweden is 260 SEK.This is the rate that the average individual gets paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for a person in Sweden is 66 SEK. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Goteborg45,400 SEK
Malmo40,900 SEK
Stockholm49,400 SEK

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Sweden is 5% on average across all career fields.

Private Sector
44,200 SEK
Public Sector+5%
46,300 SEK
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Sweden?

It is extremely difficult to give an exact figure of a good salary when no specific job is selected, however; an estimate can be provided based purely on the cost of living. A good compensation in Sweden would range anywhere between 39,000 SEK and 59,100 SEK.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary in Sweden ranges from 11,400 SEK to 28,200 SEK. The base salary depends on many factors including profession, experience, and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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