Sweden: average monthly salary by industry 2022

The highest average monthly salary in Sweden in 2022 was in the sector of financial institutions and insurance companies. The average monthly salary for employees at companies within this sector amounted to over 57,000 Swedish kronor in 2022, which is significantly higher than the average monthly salary for individuals with a tertiary education in Sweden.

 Insurance industry

The number of insurance companies at the market in Sweden amounted to more than 320 in 2020. Furthermore, more than 22,000 individuals were employed at insurance companies in 2020.

Hotel and restaurant industry

At the bottom of the list of average monthly earnings in Sweden in 2022 was hotels and restaurants, where the average monthly salary amounted to around 28,000 Swedish kronor. The hotel business in Sweden had experienced a growing number of employees before the COVID-19 pandemic hit, which has effected the hotel and restaurant business significantly.

Average monthly salary in Sweden in 2022, by industry (in SEK)

Characteristic	Average salary in SEK
Financial institutions and insurance companies	57,200
Information and communication companies	52,000
Professional, scientific and technical companies	47,800
Electricity, gas, steam and hot water plants	47,100
Mines and quarries	44,000
Real estate companies	42,100
Public authorities and national defence	40,800
Manufacturing industry	40,200
Construction industry	38,700
Water works; sewage plants, waste-disposal plants	38,000
Trade; repair establishments for motor vehicles and motorcycles	36,700
Other service companies	35,700
Educational establishments	35,600
Human health and social work establishments	35,000
Establishments for arts, entertainment and recreation	34,400
Transport and storage companies	34,100
Administrative and support service companies	32,700
Companies in agriculture, forestry and fishing	30,600
Hotels and restaurants	27,900