Wage growth forecasts in Scandinavia 2020-2024

Published by
Einar H. Dyvik,
Jan 2, 2024
Wages are forecast to grow in the Scandinavian countries Denmark, Sweden, and Norway in the next couple of years. Growth expectations are highest for Norway in 2023 and Denmark in 2024. The predictions are lower for Sweden, where average wages are forecast to increase by three percent in 2024.

Wage growth forecasts in Denmark, Norway, and Sweden from 2020 to 2024

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Release date

December 2023

Region

Denmark, Norway, Sweden

Survey time period

December 2023

Supplementary notes

Numbers for 2020 and 2021 are take from previous reports.

Numbers until 2022 are actual values, the remaining are forecasts.

Numbers for Denmark show private sector wages, Sweden show hourly wages, and Norway annual wages.

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