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โ† Actuary in all countries

Actuary: China vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 210% more

๐Ÿ‡จ๐Ÿ‡ณ

China

CNY

Estimated Salary (USD)

$20,246

per year

Local Currency (CNY)

ยฅ146,581

per year

PPP Adjusted

$121,492

purchasing power

Big Mac Power

5,885

burgers / year

Global Percentile

Bottom 10%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$62,688

per year

Local Currency (KRW)

โ‚ฉ82,748,160

per year

PPP Adjusted

$132,953

purchasing power

Big Mac Power

12,741

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡จ๐Ÿ‡ณ China
$20.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$62.7K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ณ China
$121.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$133.0K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ณ China
5,885
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
12,741

Key Takeaways

  • โ—

    Actuarys in South Korea earn 210% more than in China (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), both countries offer similar real value.

  • โ—

    Using the Big Mac Index, a Actuary's salary buys 2.2x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Actuarys more: China or South Korea?โ–พ

South Korea pays Actuarys an estimated $62,688 USD per year, which is 210% more than China's estimated $20,246 USD.

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

The PPP-adjusted salary is $121,492 USD in China and $132,953 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

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

Using the Big Mac Index, a Actuary in China can buy about 5,885 Big Macs per year, while in South Korea it's about 12,741 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