Loan Officer: Canada vs United Kingdom
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐จ๐ฆ Canada pays 3% more
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%
United Kingdom
GBP
Estimated Salary (USD)
$40,295
per year
Local Currency (GBP)
ยฃ31,833
per year
PPP Adjusted
$62,911
purchasing power
Big Mac Power
7,603
burgers / year
Global Percentile
Top 36%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Loan Officers in Canada earn 3% more than in United Kingdom (nominal USD).
- โ
After adjusting for purchasing power (PPP), both countries offer similar real value.
- โ
Using the Big Mac Index, a Loan Officer's salary buys 1.0x more Big Macs in United Kingdom.
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Frequently Asked Questions
Who pays Loan Officers more: Canada or United Kingdom?โพ
Canada pays Loan Officers an estimated $41,308 USD per year, which is 3% more than United Kingdom's estimated $40,295 USD.
What is the PPP-adjusted salary for a Loan Officer in Canada vs United Kingdom?โพ
The PPP-adjusted salary is $60,542 USD in Canada and $62,911 USD in United Kingdom. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Loan Officers?โพ
Using the Big Mac Index, a Loan Officer in Canada can buy about 7,524 Big Macs per year, while in United Kingdom it's about 7,603 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