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Accountant: Latvia vs South Korea

Side-by-side salary comparison ยท Estimated based on OECD & BLS data

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 75% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$25,700

per year

Local Currency (EUR)

โ‚ฌ23,644

per year

PPP Adjusted

$84,995

purchasing power

Big Mac Power

5,515

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$45,065

per year

Local Currency (KRW)

โ‚ฉ59,485,800

per year

PPP Adjusted

$95,577

purchasing power

Big Mac Power

9,160

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$25.7K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$45.1K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$85.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$95.6K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
5,515
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
9,160

Key Takeaways

  • โ—

    Accountants in South Korea earn 75% more than in Latvia (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 12%.

  • โ—

    Using the Big Mac Index, a Accountant's salary buys 1.7x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Accountants more: Latvia or South Korea?โ–พ

South Korea pays Accountants an estimated $45,065 USD per year, which is 75% more than Latvia's estimated $25,700 USD.

What is the PPP-adjusted salary for a Accountant in Latvia vs South Korea?โ–พ

The PPP-adjusted salary is $84,995 USD in Latvia and $95,577 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Accountants?โ–พ

Using the Big Mac Index, a Accountant in Latvia can buy about 5,515 Big Macs per year, while in South Korea it's about 9,160 Big Macs.

Estimated based on OECD & BLS data. Actual salaries vary by experience, company, and region. Data is for informational purposes only.

Sources: BLS OEWS ยท OECD ยท World Bank ยท Big Mac Index