Sweden
#9 globallyEuropeAverage salary: $55,000/year ยท Currency: SEK kr
Mean Annual Salary
$55,000
gross USD
Median Annual Salary
$49,000
gross USD
GDP per Capita
$54,611
current USD
PPP Factor
ร0.87
vs USD base
Tax Breakdown at Median Salary
Detailed DataTake-Home (Net) Annual
$30,572
Effective Tax Rate
37.6%
* Based on median salary of $49,000. Uses official tax brackets. Consult a tax professional for accurate calculations.
Estimated Salaries by Job in Sweden
Surgeon
Psychiatrist
Doctor / Physician
Investment Banker
Cloud Architect
AI/ML Engineer
Dentist
Judge
Product Manager
Actuary
* Estimates based on global median ยท actual salaries vary
๐ธ๐ช Sweden Economic Overview
Currency
SEK (kr)
Region
Europe
Population
10.4M
Gini Coefficient
0.280
Cost of Living Index
87 (US=100)
Tax Data Available
Yes (Detailed)
Salary vs Global Benchmarks
Europe Comparison
Global Ranking
out of 117 countries
by average salary
About Salaries in Sweden
The average annual salary in Sweden is approximately $55,000 (gross, in USD), with a median of $49,000. The country ranks #9 out of 117 countries by average salary.
At the median salary, workers in Sweden take home approximately $30,572 after taxes โ an effective tax rate of 37.6%. The purchasing power parity factor of ร0.87 means that in real terms, living costs are lower than in the United States.
Sweden is located in the Europe region. Income inequality, measured by the Gini coefficient, is 0.280 (relatively equal).