Key Facts: Sweden vs Guernsey Wages
- Sweden Minimum Wage
- No statutory minimum wage
- Guernsey Minimum Wage
- £12.60/hr ($16.97 USD)
- Sweden Avg. Gross Monthly Salary
- kr40,000 /mo ($4,317.74 USD)
- Guernsey Avg. Gross Monthly Salary
- £3,556 /mo ($4,787.94 USD)
- Data Sources
- Medlingsinstitutet (Swedish National Mediation Office) (2026-02-24), States of Guernsey — Minimum Wage (2026-03-12)
Sweden
Guernsey
Updated 2026-03-12
Sweden has no statutory minimum wage, while Guernsey sets a floor of $17/hr. Average salaries are lower in Sweden at $4,318/mo compared to $4,788/mo in Guernsey.
Detailed Comparison
| Metric | Sweden | Guernsey |
|---|---|---|
| Minimum wage /hr | None | £12.60 $16.97 |
| Minimum wage /mo | None | £2,184 $2,940.62 |
| Minimum wage /yr | None | £26,208 $35,287.46 |
| Avg. gross salary /mo | kr40,000 /mo $4,317.74 | £3,556 /mo $4,787.94 |
| Avg. net salary /mo | kr30,000 /mo $3,238.31 | N/A/mo |
| Median individual income /yr | kr367,000 /yr $39,615.29 | £42,672 /yr $57,455.23 |
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.
- Guernsey
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Employment law broadly follows UK principles with local variations.
See this comparison from Guernsey's perspective: Guernsey vs Sweden
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Frequently Asked Questions
Is the minimum wage higher in Sweden or Guernsey?
In Sweden, the minimum wage is no statutory minimum wage. In Guernsey, it is £12.60/hr ($16.97 USD).
How much less does the average worker earn in Sweden compared to Guernsey?
The average gross salary in Sweden is kr40,000/mo ($4,317.74 USD), compared to £3,556/mo ($4,787.94 USD) in Guernsey. In USD terms, workers in Sweden earn approximately 11% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Sweden and Guernsey is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Guernsey earn more in nominal terms, though how far that income stretches depends on local prices in Sweden.
How do work hours compare between Sweden and Guernsey?
Both Sweden and Guernsey 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.