AIPF
โ† Loan Officer in all countries

Loan Officer: Canada vs Japan

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

๐Ÿ‡จ๐Ÿ‡ฆ Canada pays 33% more

Higher Pay
๐Ÿ‡จ๐Ÿ‡ฆ

Canada

CAD

Estimated Salary (USD)

$41,308

per year

Local Currency (CAD)

C$56,179

per year

PPP Adjusted

$60,542

purchasing power

Big Mac Power

7,524

burgers / year

Global Percentile

Top 31%

๐Ÿ‡ฏ๐Ÿ‡ต

Japan

JPY

Estimated Salary (USD)

$30,983

per year

Local Currency (JPY)

ยฅ4,616,467

per year

PPP Adjusted

$69,659

purchasing power

Big Mac Power

10,259

burgers / year

Global Percentile

Bottom 48%

Visual Comparison

Salary (USD)

๐Ÿ‡จ๐Ÿ‡ฆ Canada
$41.3K
๐Ÿ‡ฏ๐Ÿ‡ต Japan
$31.0K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ฆ Canada
$60.5K
๐Ÿ‡ฏ๐Ÿ‡ต Japan
$69.7K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ฆ Canada
7,524
๐Ÿ‡ฏ๐Ÿ‡ต Japan
10,259

Key Takeaways

  • โ—

    Loan Officers in Canada earn 33% more than in Japan (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), Japan actually leads by 15%.

  • โ—

    Using the Big Mac Index, a Loan Officer's salary buys 1.4x more Big Macs in Japan.

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Frequently Asked Questions

Who pays Loan Officers more: Canada or Japan?โ–พ

Canada pays Loan Officers an estimated $41,308 USD per year, which is 33% more than Japan's estimated $30,983 USD.

What is the PPP-adjusted salary for a Loan Officer in Canada vs Japan?โ–พ

The PPP-adjusted salary is $60,542 USD in Canada and $69,659 USD in Japan. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Loan Officers?โ–พ

Using the Big Mac Index, a Loan Officer in Canada can buy about 7,524 Big Macs per year, while in Japan it's about 10,259 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 ยท OECD ยท World Bank ยท Big Mac Index