Construction Worker: 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)
$15,424
per year
Local Currency (EUR)
โฌ14,190
per year
PPP Adjusted
$51,010
purchasing power
Big Mac Power
3,310
burgers / year
Global Percentile
Bottom 21%
South Korea
KRW
Estimated Salary (USD)
$27,045
per year
Local Currency (KRW)
โฉ35,699,400
per year
PPP Adjusted
$57,359
purchasing power
Big Mac Power
5,497
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
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?โพ
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?โพ
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?โพ
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