Economist: South Korea vs United Kingdom
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇬🇧 United Kingdom pays 10% more
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%
United Kingdom
GBP
Estimated Salary (USD)
$74,391
per year
Local Currency (GBP)
£58,769
per year
PPP Adjusted
$116,144
purchasing power
Big Mac Power
14,036
burgers / year
Global Percentile
Top 36%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Economists in United Kingdom earn 10% more than in South Korea (nominal USD).
- ●
After adjusting for purchasing power (PPP), South Korea still leads by 23%.
- ●
Using the Big Mac Index, a Economist's salary buys 1.0x more Big Macs in United Kingdom.
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Frequently Asked Questions
Who pays Economists more: South Korea or United Kingdom?▾
United Kingdom pays Economists an estimated $74,391 USD per year, which is 10% more than South Korea's estimated $67,415 USD.
What is the PPP-adjusted salary for a Economist in South Korea vs United Kingdom?▾
The PPP-adjusted salary is $142,978 USD in South Korea and $116,144 USD in United Kingdom. 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 South Korea can buy about 13,702 Big Macs per year, while in United Kingdom it's about 14,036 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