Entrepreneur: Latvia vs United Kingdom
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇬🇧 United Kingdom pays 93% more
Latvia
EUR
Estimated Salary (USD)
$27,233
per year
Local Currency (EUR)
€25,054
per year
PPP Adjusted
$90,065
purchasing power
Big Mac Power
5,844
burgers / year
Global Percentile
Bottom 21%
United Kingdom
GBP
Estimated Salary (USD)
$52,694
per year
Local Currency (GBP)
£41,628
per year
PPP Adjusted
$82,269
purchasing power
Big Mac Power
9,942
burgers / year
Global Percentile
Top 36%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Entrepreneurs in United Kingdom earn 93% more than in Latvia (nominal USD).
- ●
After adjusting for purchasing power (PPP), both countries offer similar real value.
- ●
Using the Big Mac Index, a Entrepreneur's salary buys 1.7x more Big Macs in United Kingdom.
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Frequently Asked Questions
Who pays Entrepreneurs more: Latvia or United Kingdom?▾
United Kingdom pays Entrepreneurs an estimated $52,694 USD per year, which is 93% more than Latvia's estimated $27,233 USD.
What is the PPP-adjusted salary for a Entrepreneur in Latvia vs United Kingdom?▾
The PPP-adjusted salary is $90,065 USD in Latvia and $82,269 USD in United Kingdom. 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 Latvia can buy about 5,844 Big Macs per year, while in United Kingdom it's about 9,942 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