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Key Facts: Sweden vs Taiwan Wages

Sweden Minimum Wage
No statutory minimum wage
Taiwan Minimum Wage
NT$190/hr ($6.11 USD)
Sweden Avg. Gross Monthly Salary
kr40,000 /mo ($4,317.74 USD)
Taiwan Avg. Gross Monthly Salary
NT$58,000 /mo ($1,864.95 USD)
Data Sources
Medlingsinstitutet (Swedish National Mediation Office) (2026-02-24), Ministry of Labor (MOL), Republic of China (Taiwan) (2026-02-24)

Sweden flag Sweden Taiwan flag Taiwan

Updated 2026-02-24

Sweden flag Sweden

No statutory minimum wage

Avg. Gross Salary

kr40,000 /mo

Taiwan flag Taiwan

Minimum Wage

NT$190 /hr

$6.11 USD

Avg. Gross Salary

NT$58,000 /mo

Avg. salary: +132% Sweden vs Taiwan

Sweden has no statutory minimum wage, while Taiwan sets a floor of $6/hr. Average gross salaries diverge further: $4,318/mo in Sweden versus $1,865/mo in Taiwan, a 2.3:1 ratio.

Detailed Comparison

Detailed wage comparison between Sweden and Taiwan
Metric Sweden Taiwan
Minimum wage /hr None NT$190 $6.11
Minimum wage /mo None NT$28,590 $919.29
Minimum wage /yr None NT$343,080 $11,031.51
Avg. gross salary /mo kr40,000 /mo $4,317.74 NT$58,000 /mo $1,864.95
Avg. net salary /mo kr30,000 /mo $3,238.31 NT$50,500 /mo $1,623.79
Median individual income /yr kr367,000 /yr $39,615.29 NT$546,000 /yr $17,556.27

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.

Taiwan

40 hrs/wk standard

Max 40 hrs/wk

Overtime : 1.34x pay

Labour Standards Act sets 40 hours/week, 8 hours/day. Two mandatory rest days per week (one fixed, one flexible). Overtime: first 2 hrs at 1.34x, next 2 hrs at 1.67x. Monthly overtime cap of 46 hours (may be extended to 54 hours with union/labour-management agreement, max 138 hrs/3 months).

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

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Frequently Asked Questions

Is the minimum wage higher in Sweden or Taiwan?

In Sweden, the minimum wage is no statutory minimum wage. In Taiwan, it is NT$190/hr ($6.11 USD).

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

The average gross salary in Sweden is kr40,000/mo ($4,317.74 USD), compared to NT$58,000/mo ($1,864.95 USD) in Taiwan. In USD terms, workers in Sweden earn approximately 132% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Sweden and Taiwan 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 Taiwan.

How do work hours compare between Sweden and Taiwan?

Both Sweden and Taiwan 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.