Economist: Mexico vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฐ๐ท South Korea pays 186% more
Mexico
MXN
Estimated Salary (USD)
$23,536
per year
Local Currency (MXN)
MX$404,819
per year
PPP Adjusted
$128,139
purchasing power
Big Mac Power
5,128
burgers / year
Global Percentile
Bottom 12%
South Korea
KRW
Estimated Salary (USD)
$67,415
per year
Local Currency (KRW)
โฉ88,987,800
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
- โ
Economists in South Korea earn 186% more than in Mexico (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea actually leads by 12%.
- โ
Using the Big Mac Index, a Economist's salary buys 2.7x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Economists more: Mexico or South Korea?โพ
South Korea pays Economists an estimated $67,415 USD per year, which is 186% more than Mexico's estimated $23,536 USD.
What is the PPP-adjusted salary for a Economist in Mexico vs South Korea?โพ
The PPP-adjusted salary is $128,139 USD in Mexico 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?โพ
Using the Big Mac Index, a Economist in Mexico can buy about 5,128 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