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Industrial Engineer: Sweden vs South Korea

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

πŸ‡ΈπŸ‡ͺ Sweden pays 13% more

Higher Pay
πŸ‡ΈπŸ‡ͺ

Sweden

SEK

Estimated Salary (USD)

$60,895

per year

Local Currency (SEK)

kr639,398

per year

PPP Adjusted

$76,714

purchasing power

Big Mac Power

10,321

burgers / year

Global Percentile

Top 33%

πŸ‡°πŸ‡·

South Korea

KRW

Estimated Salary (USD)

$53,950

per year

Local Currency (KRW)

β‚©71,214,000

per year

PPP Adjusted

$114,421

purchasing power

Big Mac Power

10,965

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

πŸ‡ΈπŸ‡ͺ Sweden
$60.9K
πŸ‡°πŸ‡· South Korea
$54.0K

PPP Adjusted (USD)

πŸ‡ΈπŸ‡ͺ Sweden
$76.7K
πŸ‡°πŸ‡· South Korea
$114.4K

Big Mac Power (burgers/year)

πŸ‡ΈπŸ‡ͺ Sweden
10,321
πŸ‡°πŸ‡· South Korea
10,965

Key Takeaways

  • ●

    Industrial Engineers in Sweden earn 13% more than in South Korea (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), South Korea actually leads by 49%.

  • ●

    Using the Big Mac Index, a Industrial Engineer's salary buys 1.1x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Industrial Engineers more: Sweden or South Korea?β–Ύ

Sweden pays Industrial Engineers an estimated $60,895 USD per year, which is 13% more than South Korea's estimated $53,950 USD.

What is the PPP-adjusted salary for a Industrial Engineer in Sweden vs South Korea?β–Ύ

The PPP-adjusted salary is $76,714 USD in Sweden and $114,421 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Industrial Engineers?β–Ύ

Using the Big Mac Index, a Industrial Engineer in Sweden can buy about 10,321 Big Macs per year, while in South Korea it's about 10,965 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 Β· OECD Β· World Bank Β· Big Mac Index