Actuary: India vs South Korea
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇰🇷 South Korea pays 450% more
India
INR
Estimated Salary (USD)
$11,404
per year
Local Currency (INR)
₹952,234
per year
PPP Adjusted
$333,512
purchasing power
Big Mac Power
4,562
burgers / year
Global Percentile
Bottom 2%
South Korea
KRW
Estimated Salary (USD)
$62,688
per year
Local Currency (KRW)
₩82,748,160
per year
PPP Adjusted
$132,953
purchasing power
Big Mac Power
12,741
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Actuarys in South Korea earn 450% more than in India (nominal USD).
- ●
After adjusting for purchasing power (PPP), India still leads by 151%.
- ●
Using the Big Mac Index, a Actuary's salary buys 2.8x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Actuarys more: India or South Korea?▾
South Korea pays Actuarys an estimated $62,688 USD per year, which is 450% more than India's estimated $11,404 USD.
What is the PPP-adjusted salary for a Actuary in India vs South Korea?▾
The PPP-adjusted salary is $333,512 USD in India 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?▾
Using the Big Mac Index, a Actuary in India can buy about 4,562 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 · OECD · World Bank · Big Mac Index