Cayman Islands Sweden

Updated 2026-05-04

Cayman Islands

Minimum Wage

$8.75 /hr

$10.50 USD

Sweden

No statutory minimum wage

Avg. Gross Salary

kr40,000 /mo

Unlike Sweden, which has no statutory minimum wage, the Cayman Islands mandates a wage floor of $11/hr.

Detailed Comparison

Detailed wage comparison between Cayman Islands and Sweden
Metric	Cayman Islands	Sweden	Diff
Minimum wage /hr	$8.75 $10.50	None	—
Minimum wage /mo	$1,516.67 $1,820.08	None	—
Minimum wage /yr	$18,200 $21,840.87	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 Cayman Islands is higher.

Work Week

Cayman Islands: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Act.
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 Cayman Islands

Compare Cayman Islands with...

Cayman Islands vs United States $ 7.25 /hr

Cayman Islands vs China ¥ 25 /hr

Cayman Islands vs Germany € 13.9 /hr

Cayman Islands vs United Kingdom £ 12.71 /hr

Cayman Islands vs India ₹ 4,576 /mo

Cayman Islands vs Japan ¥ 1,121 /hr

Cayman Islands vs France € 12.02 /hr

Cayman Islands vs South Korea ₩ 10,320 /hr

Cayman Islands vs Canada C$ 18.1 /hr

Cayman Islands vs Australia A$ 24.95 /hr

Cayman Islands vs Brazil R$ 7.37 /hr

Cayman Islands vs Russia ₽ 156.31 /hr

Cayman Islands vs Mexico MX$ 9,583.52 /mo

Cayman Islands vs Netherlands € 14.71 /hr

Cayman Islands vs Saudi Arabia ﷼ 23.08 /hr

Cayman Islands vs Turkey ₺ 164.94 /hr

Cayman Islands vs Switzerland

Cayman Islands vs Poland zł 31.4 /hr

Cayman Islands vs Singapore

Cayman Islands vs Norway

Cayman Islands vs Austria

Cayman Islands vs Denmark

Cayman Islands vs Israel ₪ 35.4 /hr

Cayman Islands vs New Zealand NZ$ 23.5 /hr

Frequently Asked Questions

Is the minimum wage higher in Cayman Islands or Sweden?

In the Cayman Islands, the minimum wage is $8.75/hr ($10.50 USD). In Sweden, it is no statutory minimum wage.

How do work hours compare between Cayman Islands and Sweden?

Both Cayman Islands 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.