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Key Facts: Bermuda vs Sweden Wages

Bermuda Minimum Wage
$17.13/hr ($17.13 USD)
Sweden Minimum Wage
No statutory minimum wage
Sweden Avg. Gross Monthly Salary
kr40,000 /mo ($4,317.74 USD)
Data Sources
Government of Bermuda — Advancing a Fair and Sustainable Minimum Wage (2026-05-04), Medlingsinstitutet (Swedish National Mediation Office) (2026-02-24)

Bermuda flag Bermuda Sweden flag Sweden

Updated 2026-05-04

Bermuda flag Bermuda

Minimum Wage

$17.13 /hr

$17.13 USD

Sweden flag Sweden

No statutory minimum wage

Avg. Gross Salary

kr40,000 /mo

Unlike Sweden, which has no statutory minimum wage, Bermuda mandates a wage floor of $17/hr.

Detailed Comparison

Detailed wage comparison between Bermuda and Sweden
Metric Bermuda Sweden
Minimum wage /hr $17.13 $17.13 None
Minimum wage /mo $2,968.87 $2,968.87 None
Minimum wage /yr $35,630.40 $35,630.40 None
Avg. gross salary /mo N/A/mo kr40,000 /mo $4,317.74
Avg. net salary /mo N/A/mo kr30,000 /mo $3,238.31
Median individual income /yr N/A/yr kr367,000 /yr $39,615.29

Percentage differences are based on USD equivalent values. Positive means Bermuda is higher.

Work Week

Bermuda

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Employment Act 2000.

Sweden

40 hrs/wk standard

Max 48 hrs/wk

Standard workweek is 40 hours (Working Hours Act / Arbetstidslagen). Maximum overtime is 48 hours over 4 weeks or 200 hours per calendar year. Overtime compensation is determined by collective agreements, not statute. Many agreements provide overtime at 150-200% of normal pay. EU Working Time Directive limits average to 48 hrs/week.

See this comparison from Sweden's perspective: Sweden vs Bermuda

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Frequently Asked Questions

Is the minimum wage higher in Bermuda or Sweden?

In Bermuda, the minimum wage is $17.13/hr ($17.13 USD). In Sweden, it is no statutory minimum wage.

How do work hours compare between Bermuda and Sweden?

Both Bermuda and Sweden mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.