Bolt hoping UK visit will be on in the future.
Bolt pulled out of the Crystal Palace event due to strict laws which would have cost him not only 50% of his appearance fee and prize money on the night, but also tax on a proportion of his worldwide earnings.
With annual sponsorship revenue thought to be as high as pounds 3.5m per year, plus a hefty fee for each appearance, Bolt faced sacrificing a hefty six-figure fee if he turned out for next week's race.
"It's sad. I was supposed to go to London," he said. "There's a big Jamaican base and they look forward to seeing us athletes, I hope they work it out for the future."
The 100 metres and 200m world record holder and triple Olympic gold-medallist has yet to produce his best form this season, with injury disrupting his campaign, but is determined to step things up when he takes on rival Tyson Gay in Stockholm.
"I think this season I have slacked off a little bit. Maybe that's why I got injured," he said.
"I was not really focused because my coach said this was kind of going to be my off season so I wasn't stressing."