Skip to main content

Key Facts: Sweden vs British Virgin Islands Wages

Sweden Minimum Wage
No statutory minimum wage
British Virgin Islands Minimum Wage
$8.50/hr
Sweden Avg. Gross Monthly Salary
kr40,000 /mo ($4,317.74 USD)
Data Sources
Medlingsinstitutet (Swedish National Mediation Office) (2026-02-24), BVI Government — New Minimum Wage Announcement (2026-05-04)

Sweden flag Sweden British Virgin Islands flag British Virgin Islands

Updated 2026-05-04

Sweden flag Sweden

No statutory minimum wage

Avg. Gross Salary

kr40,000 /mo

British Virgin Islands flag British Virgin Islands

Minimum Wage

$8.50 /hr

Sweden has no statutory minimum wage, while British Virgin Islands sets a floor of $9/hr.

Detailed Comparison

Detailed wage comparison between Sweden and British Virgin Islands
Metric Sweden British Virgin Islands
Minimum wage /hr None $8.50
Minimum wage /mo None $1,473.33
Minimum wage /yr None $17,680
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.

British Virgin Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Labour Code.

See this comparison from British Virgin Islands's perspective: British Virgin Islands vs Sweden

Compare Sweden with...

Frequently Asked Questions

Is the minimum wage higher in Sweden or British Virgin Islands?

In Sweden, the minimum wage is no statutory minimum wage. In British Virgin Islands, it is $8.50/hr.

How do work hours compare between Sweden and British Virgin Islands?

Both Sweden and British Virgin Islands 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.