Entrepreneur: 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)
$15,422
per year
Local Currency (CNY)
¥111,655
per year
PPP Adjusted
$92,544
purchasing power
Big Mac Power
4,483
burgers / year
Global Percentile
Bottom 10%
South Korea
KRW
Estimated Salary (USD)
$47,752
per year
Local Currency (KRW)
₩63,032,640
per year
PPP Adjusted
$101,276
purchasing power
Big Mac Power
9,706
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Entrepreneurs 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 Entrepreneur's salary buys 2.2x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Entrepreneurs more: China or South Korea?▾
South Korea pays Entrepreneurs an estimated $47,752 USD per year, which is 210% more than China's estimated $15,422 USD.
What is the PPP-adjusted salary for a Entrepreneur in China vs South Korea?▾
The PPP-adjusted salary is $92,544 USD in China and $101,276 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Entrepreneurs?▾
Using the Big Mac Index, a Entrepreneur in China can buy about 4,483 Big Macs per year, while in South Korea it's about 9,706 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