€Salary by Country

🇫🇮 Finland vs Sweden 🇸🇪

Compare income tax, social contributions, VAT and take-home pay between Finland and Sweden.

Metric🇫🇮 Finland🇸🇪 Sweden
Top income tax rate45.1%52.4%
Social contributions10.2%0%
Standard VAT25.5%25%
Take-home pay (typical salary)69.5%69.6%
Public holidays1112
Average monthly salary€4,070SEK 41,600
Minimum wage (monthly)——
Standard work week40 h/week40 h/week

In a typical comparison, Finland has a top income tax rate of 45.1% and keeps about 69.5% of salary as take-home pay, while Sweden has 52.4% and keeps 69.6%. The average monthly salary is about €4,070 in Finland and SEK 41,600 in Sweden.

Advertisement