Sweden  Minimum Wage, Labor Law, and Employment Data Sheet Sweden Minimum Wage Rate 2024

Appx. Yearly Minimum Wage
None Applicable
Rank by Min. Wage
122 / 197
Gross National Product
$226,492.00 USD

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.

Local Name Sverige
Gross National Product $226,492.00
Government Type Constitutional Monarchy
Current Leader Carl XVI Gustaf
Independence Year 836
Continent & Region Europe, Nordic Countries
Surface Area 449,964 square kilometers
ISO 3166 Country Code SE

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** This Document Provided By Minimum-Wage.org **
Source: http://www.minimum-wage.org/international/sweden