How Do Salaries in Швеция Compare to Латвия?

Швеция pays 150% more than Латвия on average. The mean gross salary in Швеция is 50 000 €/yr versus 20 000 €/yr in Латвия. Латвия has a lower cost of living index (34.2 vs 69.8).

🇸🇪 Швеция
50 000 €
Average Salary
VS
Латвия
20 000 €
Average Salary
bolt Накратко
  • Швеция pays 150% more than Латвия (50 000 € vs 20 000 €/yr)
  • Латвия has a lower cost of living index (34.2 vs 69.8)
  • Швеция has lower minimum tax rates (Швеция: 20-52%, Латвия: 20-31%)

Side-by-Side Comparison

🇸🇪 Швеция Латвия
Average Salary 50 000 €/yr 20 000 €/yr
Minimum Wage None €4.27/hr
Income Tax Rate 20-52% 20-31%
Cost of Living Index 69.8 34.2

Salary Difference

🇸🇪 Швеция
50 000 €
Латвия
20 000 €
trending_up +150% (30 000 €/yr)

Which Country Is Better?

payments

Higher Average Salary

🇸🇪 Швеция

Швеция offers 150% higher average salaries (50 000 € vs 20 000 €/yr).

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Lower Tax Rates

🇸🇪 Швеция

Швеция has lower starting tax rates, which can mean more take-home pay at lower income brackets.

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Lower Cost of Living

Латвия

Латвия has a cost of living index of 34.2 compared to 69.8, meaning everyday expenses are more affordable.

Salary by Sector: Швеция vs Латвия

Sector 🇸🇪 Швеция Латвия Edge
Technology & IT 64 000 € 26 000 € 🇸🇪 +146%
Finance & Banking 68 000 € 24 000 € 🇸🇪 +183%
Healthcare 50 000 € 16 000 € 🇸🇪 +213%
Engineering 58 000 € 20 000 € 🇸🇪 +190%
Education 46 000 € 14 000 € 🇸🇪 +229%
Manufacturing 48 000 € 14 000 € 🇸🇪 +243%

Average annual gross salary in EUR. Source: Eurostat SES 2022/2024, national statistics offices.

Which Country Pays More — By Job Category

#1 Finance & Banking 🇸🇪 Швеция 68 000 € vs 24 000 € — Швеция higher by 183%
#2 Technology & IT 🇸🇪 Швеция 64 000 € vs 26 000 € — Швеция higher by 146%
#3 Engineering 🇸🇪 Швеция 58 000 € vs 20 000 € — Швеция higher by 190%
#4 Healthcare 🇸🇪 Швеция 50 000 € vs 16 000 € — Швеция higher by 213%
#5 Manufacturing 🇸🇪 Швеция 48 000 € vs 14 000 € — Швеция higher by 243%
🇸🇪 Швеция View full salary profile → Латвия View full salary profile →

Related Country Comparisons

🇸🇪 Швеция vs 🇩🇪 Германия 🇸🇪 Швеция vs 🇫🇷 Франция 🇸🇪 Швеция vs 🇪🇸 Испания Латвия vs 🇳🇱 Нидерландия Латвия vs 🇧🇪 Белгия Латвия vs 🇮🇹 Италия

Data Sources & Methodology

This salary comparison is compiled from multiple verified sources:

account_balance Eurostat

EU Labour Force Survey & Structure of Earnings Survey

work Job Postings

50+ European job boards, 100K+ listings/month

group Anonymous Reports

User-submitted, validated against statistical models

Last updated: April 2026

Често задавани въпроси

Which country pays more, Швеция or Латвия?

Швеция pays 150% more on average. The mean gross salary is 50 000 €/yr in Швеция compared to 20 000 €/yr in Латвия.

What is the minimum wage in Швеция vs Латвия?

The minimum wage in Швеция is None and in Латвия it is €4.27/hr. Note that some countries like Italy and Sweden have no statutory minimum wage — wages are set by collective agreements instead.

What are the tax rates in Швеция compared to Латвия?

Income tax rates in Швеция range from 20-52% while in Латвия they range from 20-31%. Effective tax rates depend on income level, deductions, and personal circumstances.

Is cost of living higher in Швеция or Латвия?

Швеция has a cost of living index of 69.8 while Латвия has 34.2. Латвия is more affordable for everyday expenses like rent, groceries, and transportation.

Is the salary data for Швеция and Латвия reliable?

Yes. EuroSalary aggregates data from Eurostat, verified job postings from 50+ European job boards, and validated anonymous salary reports. Data is updated regularly and cross-referenced with official EU statistics for 2026.