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Sweden Average Salaries & Expenditures
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Average Salary in Sweden - Sector Comparison.
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Sector
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Net Monthly Income constant 2005 US$ (1)
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Notes
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Gross Monthly Average Income (2)
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Compulsory Deductions (3)
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Weekly Hours (4)
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Mining-Quarrying average salary
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PPP $ 1,890
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$ 2,474
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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27,893
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kronas
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34%
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42.6
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Gas-Electricity-Water average salary
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PPP $ 1,653
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$ 2,164
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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23,673
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kronas
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32%
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38.8
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Construction average salary
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PPP $ 1,584
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$ 2,073
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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22,684
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kronas
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32%
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38.1
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Manufacturing average salary
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PPP $ 1,491
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$ 1,952
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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21,052
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kronas
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31%
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37.4
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Transport-Communication average salary
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PPP $ 1,431
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$ 1,873
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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20,199
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kronas
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31%
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37.5
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All Sectors average salary
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PPP $ 1,383
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$ 1,810
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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19,237
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kronas
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30%
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35.6
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Real Estate average salary
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PPP $ 1,317
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$ 1,724
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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18,325
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kronas
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30%
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36.3
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Education average salary
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PPP $ 1,245
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$ 1,630
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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17,326
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kronas
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30%
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35.7
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Hotels-Restaurants average salary
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PPP $ 999
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$ 1,307
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Wage earners in the private sector, 2005. Excl. holidays, sick-leave and overtime payments.
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13,700
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kronas
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29%
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30.4
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(1)
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The net average income in "constant 2005 US$" is computed using the Interbank nominal exchange rate [a] and the U.S. inflation rate [d]. The net average income in "constant 2005 US$" at PPP is computed using the IMF PPP exchange rate [d] and the U.S. inflation rate [d]. The latter reflects the purchasing power in the United States in 2005.
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(2)
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The gross monthly average income is based on data supplied by Statistiska Centralbyrån (Statistics Sweden) to the International Labour Organization [9]. The average income includes the salaries and wages of paid employees. Employees include both men and women unless otherwise noted.
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(3)
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The compulsory deductions reflect the 2004 income tax rates in Sweden. The deductions include local tax (dependent on the municipality), and national income tax. The deductions are representative of single-earner-married-without-child status.
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(4)
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The weekly hours are based on data supplied by Statistics Sweden to the International Labour Organization.
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| annual, per capita, incl. non-monetary expenditure | |
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Total
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Health
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Housing
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(1) |
Food
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(2) |
Apparel
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Education
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Transport
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2005
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| constant 2005 US$ at PPP |
| current kronas |
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Incl. actual rentals, fuel, power, maintenance, repairs, household goods and services, furnishings. |
| (2) |
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Incl. alcoholic beverages, dinner out. |
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| percentage of total workforce | |
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Primary
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(1) |
Manufacturing
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Education
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Financial
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Paid Employees
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Unemployed
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2005
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2.2
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15.3
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11.1
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1.9
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88.4
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6.3
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Agriculture, hunting, forestry, fishing, mining, and quarrying. |
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31.0% for a single with no child, 23.7% for a single with two children, 31.0% for a one-earner married couple with no child, and 23.7% for a one-earner married couple with two children. |
| Source: |
OECD Tax Database, combined deductions on a gross monthly salary income of 25,821 kronas, 2005 [k]. |
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5 weeks per year legally required minimum vacation time [e].
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108.5 (2001), 110.6 (2002), 113.2 (2003), 114.1 (2004), 115.7 (2005); |
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IMF inflation rates [d], Index: 1995=100. |
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10.025 (2001), 10.013 (2002), 10.040 (2003), 9.889 (2004), 9.740 (2005); |
| Source: |
IMF PPP exchange rates [d], kronas per U.S. dollar.
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References |
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[9]
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International Labour Organization.
Compilation of average salary income worldwide. Classified by country, by employment category, and by gender.
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[23]
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Statistics Sweden.
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[a]
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Interbank nominal exchange rate, Oanda.com; historical currency converter for over 164 currencies and 3 metals.
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[d]
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World Economic Outlook Database, September 2006, International Monetary Fund.
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[e]
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Vacation - Wikipedia, from Wikipedia, the free encyclopedia.
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[k]
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OECD Tax Database. Annual database providing comparative information on personal and corporate income tax and consumption tax systems and rates in OECD countries since 2000. Information on social security contributions levied on employees and their employers is also reported.
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Other links:
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Sweden Economy Overview, CIA World Factbook.
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Taxes on Income in Sweden, www.sweden.se, the Official Gateway to Sweden.
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Sweden: Statistics, Organization for Economic Co-Operation and Development (OECD).
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Social Security in Sweden, Social Security Programs Throughout the World, 2004-2005, compiled by the U.S. Social Security Administration.
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