AIPF
โ† Economist in all countries

Economist: Germany vs South Korea

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

๐Ÿ‡ฉ๐Ÿ‡ช Germany pays 20% more

Higher Pay
๐Ÿ‡ฉ๐Ÿ‡ช

Germany

EUR

Estimated Salary (USD)

$81,219

per year

Local Currency (EUR)

โ‚ฌ74,721

per year

PPP Adjusted

$117,369

purchasing power

Big Mac Power

14,125

burgers / year

Global Percentile

Top 19%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$67,415

per year

Local Currency (KRW)

โ‚ฉ88,987,800

per year

PPP Adjusted

$142,978

purchasing power

Big Mac Power

13,702

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฉ๐Ÿ‡ช Germany
$81.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$67.4K

PPP Adjusted (USD)

๐Ÿ‡ฉ๐Ÿ‡ช Germany
$117.4K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$143.0K

Big Mac Power (burgers/year)

๐Ÿ‡ฉ๐Ÿ‡ช Germany
14,125
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
13,702

Key Takeaways

  • โ—

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

  • โ—

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

  • โ—

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

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Frequently Asked Questions

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

Germany pays Economists an estimated $81,219 USD per year, which is 20% more than South Korea's estimated $67,415 USD.

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

The PPP-adjusted salary is $117,369 USD in Germany 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?โ–พ

Using the Big Mac Index, a Economist in Germany can buy about 14,125 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 ยท OECD ยท World Bank ยท Big Mac Index