Sweden Turks and Caicos Islands

Updated 2026-05-04

Sweden

No statutory minimum wage

Avg. Gross Salary

kr40,000 /mo

Turks and Caicos Islands

Minimum Wage

$8 /hr

Sweden has no statutory minimum wage, while Turks and Caicos Islands sets a floor of $8/hr.

Detailed Comparison

Detailed wage comparison between Sweden and Turks and Caicos Islands
Metric	Sweden	Turks and Caicos Islands	Diff
Minimum wage /hr	None	$8	—
Minimum wage /mo	None	$1,386.67	—
Minimum wage /yr	None	$16,640	—
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.
Turks and Caicos Islands: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Employment Ordinance.

See this comparison from Turks and Caicos Islands's perspective: Turks and Caicos Islands vs Sweden

Compare Sweden with...

Sweden vs United States $ 7.25 /hr

Sweden vs China ¥ 25 /hr

Sweden vs Germany € 13.9 /hr

Sweden vs United Kingdom £ 12.71 /hr

Sweden vs India ₹ 4,576 /mo

Sweden vs Japan ¥ 1,121 /hr

Sweden vs France € 12.02 /hr

Sweden vs South Korea ₩ 10,320 /hr

Sweden vs Canada C$ 18.1 /hr

Sweden vs Australia A$ 24.95 /hr

Sweden vs Brazil R$ 7.37 /hr

Sweden vs Russia ₽ 156.31 /hr

Sweden vs Mexico MX$ 9,583.52 /mo

Sweden vs Indonesia Rp 33,058 /hr

Sweden vs Netherlands € 14.71 /hr

Sweden vs Saudi Arabia ﷼ 23.08 /hr

Sweden vs Turkey ₺ 164.94 /hr

Sweden vs Taiwan NT$ 190 /hr

Sweden vs Switzerland

Sweden vs Poland zł 31.4 /hr

Sweden vs Thailand ฿ 10,400 /mo

Sweden vs Argentina ARS 1,762 /hr

Sweden vs Singapore

Sweden vs Norway

Frequently Asked Questions

Is the minimum wage higher in Sweden or Turks and Caicos Islands?

In Sweden, the minimum wage is no statutory minimum wage. In Turks and Caicos Islands, it is $8/hr.

How do work hours compare between Sweden and Turks and Caicos Islands?

Both Sweden and Turks and Caicos 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.