Skip to main content

Key Facts: Sweden vs Iran Wages

Sweden Minimum Wage
No statutory minimum wage
Iran Minimum Wage
﷼692,731/hr ($1.02 USD)
Sweden Avg. Gross Monthly Salary
kr40,000 /mo ($4,317.74 USD)
Iran Avg. Gross Monthly Salary
﷼400,000,000 /mo ($588.24 USD)
Data Sources
Medlingsinstitutet (Swedish National Mediation Office) (2026-02-24), Supreme Labour Council / ILO ILOSTAT. 2026 (Iranian year 1405) figure verified via WageIndicator (March 22, 2026 update) and Euronews coverage of 60% nominal increase amid sanctions pressure. (2026-05-04)

Sweden flag Sweden Iran flag Iran

Updated 2026-05-04

Sweden flag Sweden

No statutory minimum wage

Avg. Gross Salary

kr40,000 /mo

Iran flag Iran

Minimum Wage

﷼692,731 /hr

$1.02 USD

Avg. Gross Salary

﷼400,000,000 /mo

Avg. salary: +634% Sweden vs Iran

Sweden has no statutory minimum wage, while Iran sets a floor of $1/hr. Average gross salaries diverge further: $4,318/mo in Sweden versus $588/mo in Iran, a 7.3:1 ratio. GDP per capita (PPP) in Sweden is 3.6x that of Iran, underscoring the structural economic divide.

Sweden has higher GDP per capita ($71,845 vs $19,874). Sweden's unemployment rate is 8.7% compared to Iran's 8.3%.

Detailed Comparison

Detailed wage comparison between Sweden and Iran
Metric Sweden Iran
Minimum wage /hr None ﷼692,731 $1.02
Minimum wage /day None ﷼5,541,850 $8.15
Minimum wage /mo None ﷼166,255,500 $244.49
Minimum wage /yr None ﷼1,995,066,000 $2,933.92
Avg. gross salary /mo kr40,000 /mo $4,317.74 ﷼400,000,000 /mo $588.24
Avg. net salary /mo kr30,000 /mo $3,238.31 N/A/mo
Median individual income /yr kr367,000 /yr $39,615.29 ﷼1,440,000,000 /yr $2,117.65

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.

Iran

44 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.4x pay

Article 51 of the Labour Law sets ordinary working hours at 44 hours per week (8 hours/day, 6 days, with 4 hours on the sixth day — or equivalent arrangements). Maximum including overtime is 48 hours/week. Overtime is compensated at 140% of the ordinary hourly rate. Friday is the official weekly rest day. Workers in hazardous conditions have reduced hours.

What This Means for Workers

Standard work weeks differ: Sweden mandates 40 hours while Iran mandates 44 hours.

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

Compare Sweden with...

Frequently Asked Questions

Is the minimum wage higher in Sweden or Iran?

In Sweden, the minimum wage is no statutory minimum wage. In Iran, it is ﷼692,731/hr ($1.02 USD).

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

The average gross salary in Sweden is kr40,000/mo ($4,317.74 USD), compared to ﷼400,000,000/mo ($588.24 USD) in Iran. In USD terms, workers in Sweden earn approximately 634% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Sweden and Iran 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 Iran.

How do work hours compare between Sweden and Iran?

Iran has a longer standard work week at 44 hours, compared to 40 hours in Sweden. Workers in Sweden work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Sweden working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.

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

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 3.6x that of Iran at $19,874. 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.