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Actuary: Singapore vs South Korea

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

πŸ‡ΈπŸ‡¬ Singapore pays 28% more

Higher Pay
πŸ‡ΈπŸ‡¬

Singapore

SGD

Estimated Salary (USD)

$80,087

per year

Local Currency (SGD)

S$107,317

per year

PPP Adjusted

$72,164

purchasing power

Big Mac Power

16,896

burgers / year

Global Percentile

Top 14%

πŸ‡°πŸ‡·

South Korea

KRW

Estimated Salary (USD)

$62,688

per year

Local Currency (KRW)

β‚©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)

πŸ‡ΈπŸ‡¬ Singapore
$80.1K
πŸ‡°πŸ‡· South Korea
$62.7K

PPP Adjusted (USD)

πŸ‡ΈπŸ‡¬ Singapore
$72.2K
πŸ‡°πŸ‡· South Korea
$133.0K

Big Mac Power (burgers/year)

πŸ‡ΈπŸ‡¬ Singapore
16,896
πŸ‡°πŸ‡· South Korea
12,741

Key Takeaways

  • ●

    Actuarys in Singapore earn 28% more than in South Korea (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), South Korea actually leads by 84%.

  • ●

    Using the Big Mac Index, a Actuary's salary buys 1.3x more Big Macs in Singapore.

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Frequently Asked Questions

Who pays Actuarys more: Singapore or South Korea?β–Ύ

Singapore pays Actuarys an estimated $80,087 USD per year, which is 28% more than South Korea's estimated $62,688 USD.

What is the PPP-adjusted salary for a Actuary in Singapore vs South Korea?β–Ύ

The PPP-adjusted salary is $72,164 USD in Singapore 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?β–Ύ

Using the Big Mac Index, a Actuary in Singapore can buy about 16,896 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 Β· OECD Β· World Bank Β· Big Mac Index