Wages in Sweden increased 2.30 percent in October of 2019 over the same month in the previous year. Wage Growth in Sweden averaged 3.29 percent from 1992 until 2019, reaching an all time high of 7.10 percent in May of 1996 and a record low of 1.90 percent in April of 2016. source: Swedish National Mediation Office
Wage Growth in Sweden is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Sweden to stand at 2.80 in 12 months time. In the long-term, the Sweden Hourly Wage Growth YoY is projected to trend around 3.30 percent in 2020, according to our econometric models.