Industrial Engineer: Sweden vs South Korea
Side-by-side salary comparison Β· Estimated based on OECD & BLS data
πΈπͺ Sweden pays 13% more
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%
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)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- β
Industrial Engineers in Sweden earn 13% more than in South Korea (nominal USD).
- β
After adjusting for purchasing power (PPP), South Korea actually leads by 49%.
- β
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?βΎ
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?βΎ
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?βΎ
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