Economist: China vs South Korea
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇰🇷 South Korea pays 210% more
China
CNY
Estimated Salary (USD)
$21,772
per year
Local Currency (CNY)
¥157,629
per year
PPP Adjusted
$130,649
purchasing power
Big Mac Power
6,329
burgers / year
Global Percentile
Bottom 10%
South Korea
KRW
Estimated Salary (USD)
$67,415
per year
Local Currency (KRW)
₩88,987,800
per year
PPP Adjusted
$142,978
purchasing power
Big Mac Power
13,702
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Economists in South Korea earn 210% more than in China (nominal USD).
- ●
After adjusting for purchasing power (PPP), both countries offer similar real value.
- ●
Using the Big Mac Index, a Economist's salary buys 2.2x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Economists more: China or South Korea?▾
South Korea pays Economists an estimated $67,415 USD per year, which is 210% more than China's estimated $21,772 USD.
What is the PPP-adjusted salary for a Economist in China vs South Korea?▾
The PPP-adjusted salary is $130,649 USD in China and $142,978 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Economists?▾
Using the Big Mac Index, a Economist in China can buy about 6,329 Big Macs per year, while in South Korea it's about 13,702 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 · OECD · World Bank · Big Mac Index