AIPF
โ† Construction Worker in all countries

Construction Worker: Latvia vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 75% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$15,424

per year

Local Currency (EUR)

โ‚ฌ14,190

per year

PPP Adjusted

$51,010

purchasing power

Big Mac Power

3,310

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$27,045

per year

Local Currency (KRW)

โ‚ฉ35,699,400

per year

PPP Adjusted

$57,359

purchasing power

Big Mac Power

5,497

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$15.4K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$27.0K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$51.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$57.4K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
3,310
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
5,497

Key Takeaways

  • โ—

    Construction Workers 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 Construction Worker's salary buys 1.7x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Construction Workers more: Latvia or South Korea?โ–พ

South Korea pays Construction Workers an estimated $27,045 USD per year, which is 75% more than Latvia's estimated $15,424 USD.

What is the PPP-adjusted salary for a Construction Worker in Latvia vs South Korea?โ–พ

The PPP-adjusted salary is $51,010 USD in Latvia and $57,359 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Construction Workers?โ–พ

Using the Big Mac Index, a Construction Worker in Latvia can buy about 3,310 Big Macs per year, while in South Korea it's about 5,497 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