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Key Facts: Sweden vs Albania Wages

Sweden Minimum Wage
No statutory minimum wage
Albania Minimum Wage
L287/hr ($3.51 USD)
Sweden Avg. Gross Monthly Salary
kr40,000 /mo ($4,103.66 USD)
Albania Avg. Gross Monthly Salary
L83,000 /mo ($1,015.04 USD)
Data Sources
Medlingsinstitutet (Swedish National Mediation Office) (2026-02-24), Ministry of Finance and Economy / Council of Ministers of Albania (2026-02-25)

Sweden flag Sweden Albania flag Albania

Updated 2026-02-25

Sweden flag Sweden

No statutory minimum wage

Avg. Gross Salary

kr40,000 /mo

Albania flag Albania

Minimum Wage

L287 /hr

$3.51 USD

Avg. Gross Salary

L83,000 /mo

Avg. salary: +304% Sweden vs Albania

Sweden has no statutory minimum wage, while Albania sets a floor of $4/hr. Average gross salaries diverge further: $4,104/mo in Sweden versus $1,015/mo in Albania, a 4.0:1 ratio. GDP per capita (PPP) in Sweden is 2.7x that of Albania, underscoring the structural economic divide.

Sweden has higher GDP per capita ($71,845 vs $26,702). Sweden's unemployment rate is 8.7% compared to Albania's 10.9%.

Detailed Comparison

Detailed wage comparison between Sweden and Albania
Metric Sweden Albania
Minimum wage /hr None L287 $3.51
Minimum wage /mo None L50,000 $611.47
Minimum wage /yr None L600,000 $7,337.65
Avg. gross salary /mo kr40,000 /mo $4,103.66 L83,000 /mo $1,015.04
Avg. net salary /mo kr30,000 /mo $3,077.74 L66,000 /mo $807.14
Median individual income /yr kr367,000 /yr $37,651.07 L480,000 /yr $5,870.12

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

Work Week

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.

Albania

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.25x pay

Labour Code sets standard workweek at 40 hours (8 hrs/day, 5 days). Overtime premium minimum 25% above standard rate. Weekend/holiday work premium minimum 50%. Maximum 200 hours overtime per year. Cannot exceed 48 hours in any single week except exceptional circumstances.

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

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Frequently Asked Questions

Is the minimum wage higher in Sweden or Albania?

In Sweden, the minimum wage is no statutory minimum wage. In Albania, it is L287/hr ($3.51 USD).

How much more does the average worker earn in Sweden compared to Albania?

The average gross salary in Sweden is kr40,000/mo ($4,103.66 USD), compared to L83,000/mo ($1,015.04 USD) in Albania. In USD terms, workers in Sweden earn approximately 304% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Sweden and Albania is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Sweden earn more in nominal terms, though how far that income stretches depends on local prices in Albania.

How do work hours compare between Sweden and Albania?

Both Sweden and Albania 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.

What is the cost of living difference between Sweden and Albania?

While direct cost of living data varies by source, GDP per capita (PPP) gives a useful proxy for overall economic level. Sweden has the higher GDP per capita at $71,845, which is 2.7x that of Albania at $26,702. From Sweden's perspective, this means goods and services are priced at a higher economic level. A higher GDP per capita generally correlates with higher wages, higher consumer prices, and greater availability of goods and services. Workers moving between these two countries should expect significant differences in rent, food, and transportation costs.