What's a good salary in Sweden

Income and salaries in Sweden

Wages and salaries in Sweden are well above the European average, although there is a pronounced north-south divide. The capital Stockholm has the highest wages. In the populous south of the country, too, incomes are comparatively high. The monthly earnings are lowest in the Nordic expanses of Swedish Lapland.

The gross domestic product per capita in the Scandinavian country was around 52,600 euros in 2014. GDP is an important indicator of a country's economic strength. In the same year, the average gross monthly earnings were just under 3,000 euros. This means that the income in Sweden is in the upper third of a European comparison. Income differences between men and women also exist in Sweden, although the differences are less pronounced than in Germany.

There is no statutory minimum wage in Sweden. Employers and trade unions negotiate the collective agreements for the respective industry. The trade unions are a strong institution in the Scandinavian country. Around 75 percent of all employees are organized in a trade union and more than 90 percent of all employment contracts in Sweden are subject to collective bargaining agreements.

Workers with a solid education have the best prospects for a high income in Sweden. Top earners are employees in the financial sector, followed by doctors and academics such as lawyers and engineers. Craftsmen such as roofers, painters and plumbers have an average gross monthly income of the equivalent of 2,600 euros. In the lower salary classes there are temporary workers in the catering trade, cleaning staff and educators. Depending on the region, the gross monthly earnings for these occupational groups are between 1,950 and 2,400 euros.

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