Key Facts: Sweden vs Bermuda Wages
- Sweden Minimum Wage
- No statutory minimum wage
- Bermuda Minimum Wage
- $17.13/hr ($17.13 USD)
- Sweden Avg. Gross Monthly Salary
- kr40,000 /mo ($4,317.74 USD)
- Data Sources
- Medlingsinstitutet (Swedish National Mediation Office) (2026-02-24), Government of Bermuda — Advancing a Fair and Sustainable Minimum Wage (2026-05-04)
Sweden
Bermuda
Updated 2026-05-04
Sweden has no statutory minimum wage, while Bermuda sets a floor of $17/hr.
Detailed Comparison
| Metric | Sweden | Bermuda |
|---|---|---|
| Minimum wage /hr | None | $17.13 $17.13 |
| Minimum wage /mo | None | $2,968.87 $2,968.87 |
| Minimum wage /yr | None | $35,630.40 $35,630.40 |
| Avg. gross salary /mo | kr40,000 /mo $4,317.74 | N/A/mo |
| Avg. net salary /mo | kr30,000 /mo $3,238.31 | N/A/mo |
| Median individual income /yr | kr367,000 /yr $39,615.29 | N/A/yr |
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.
- Bermuda
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Employment Act 2000.
See this comparison from Bermuda's perspective: Bermuda vs Sweden
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Frequently Asked Questions
Is the minimum wage higher in Sweden or Bermuda?
In Sweden, the minimum wage is no statutory minimum wage. In Bermuda, it is $17.13/hr ($17.13 USD).
How do work hours compare between Sweden and Bermuda?
Both Sweden and Bermuda 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.