Aerospace Engineer: Latvia vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฐ๐ท South Korea pays 75% more
Latvia
EUR
Estimated Salary (USD)
$37,388
per year
Local Currency (EUR)
โฌ34,397
per year
PPP Adjusted
$123,649
purchasing power
Big Mac Power
8,023
burgers / year
Global Percentile
Bottom 21%
South Korea
KRW
Estimated Salary (USD)
$65,558
per year
Local Currency (KRW)
โฉ86,536,560
per year
PPP Adjusted
$139,040
purchasing power
Big Mac Power
13,325
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Aerospace Engineers 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 Aerospace Engineer's salary buys 1.7x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Aerospace Engineers more: Latvia or South Korea?โพ
South Korea pays Aerospace Engineers an estimated $65,558 USD per year, which is 75% more than Latvia's estimated $37,388 USD.
What is the PPP-adjusted salary for a Aerospace Engineer in Latvia vs South Korea?โพ
The PPP-adjusted salary is $123,649 USD in Latvia and $139,040 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Aerospace Engineers?โพ
Using the Big Mac Index, a Aerospace Engineer in Latvia can buy about 8,023 Big Macs per year, while in South Korea it's about 13,325 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