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โ† Actuary in all countries

Actuary: South Korea vs Germany

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

๐Ÿ‡ฉ๐Ÿ‡ช Germany pays 20% more

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%

Higher Pay
๐Ÿ‡ฉ๐Ÿ‡ช

Germany

EUR

Estimated Salary (USD)

$75,525

per year

Local Currency (EUR)

โ‚ฌ69,483

per year

PPP Adjusted

$109,141

purchasing power

Big Mac Power

13,135

burgers / year

Global Percentile

Top 19%

Visual Comparison

Salary (USD)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$62.7K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$75.5K

PPP Adjusted (USD)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$133.0K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$109.1K

Big Mac Power (burgers/year)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
12,741
๐Ÿ‡ฉ๐Ÿ‡ช Germany
13,135

Key Takeaways

  • โ—

    Actuarys in Germany earn 20% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea still leads by 22%.

  • โ—

    Using the Big Mac Index, a Actuary's salary buys 1.0x more Big Macs in Germany.

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Frequently Asked Questions

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

Germany pays Actuarys an estimated $75,525 USD per year, which is 20% more than South Korea's estimated $62,688 USD.

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

The PPP-adjusted salary is $132,953 USD in South Korea and $109,141 USD in Germany. 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 South Korea can buy about 12,741 Big Macs per year, while in Germany it's about 13,135 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