Sweden Minimum Wage Rate 2020
Because Sweden does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Sweden. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.
What is the Sweden Minimum Wage?
Sweden's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
While there is no government-mandated minimum wage in Sweden,a minimum wage rate is set by annual collective bargaining contracts. Sweden's minimum wage was last changed in 1-Jan-2013.
Facts and statistics about Sweden
Sweden is a country located in the Nordic Countries region with a population of 8,861,400 and an average life span of 79.6 years.
|Gross National Product||$226,492.00|
|Government Type||Constitutional Monarchy|
|Current Leader||Carl XVI Gustaf|
|Continent & Region||Europe, Nordic Countries|
|Surface Area||449,964 square kilometers|
|ISO 3166 Country Code||SE|
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