A variable displacement swash plate type compressor having a cylinder block in which a drive shaft is centrally and axially extended so as to mount thereon a swash plate assembly to drive pistons reciprocally arranged in a plurality of cylinder bores arranged circumferentially about the drive shaft. The swash plate assembly has a rotary swash plate and a non-rotary wobble plate in a crankcase formed in the cylinder block and a mechanism for changing the wobble angle of the swash plate and the wobble plate by turning them about an axis extending at a right angle to the rotating axis of the drive shaft and passing through points which come into registration with respective centers of connection of connecting rods of the pistons and the wobble plate when the pistons are at the top dead center of their strokes within the cylinder bores.