AIPF
โ† Loan Officer in all countries

Loan Officer: China vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 210% more

๐Ÿ‡จ๐Ÿ‡ณ

China

CNY

Estimated Salary (USD)

$11,793

per year

Local Currency (CNY)

ยฅ85,381

per year

PPP Adjusted

$70,767

purchasing power

Big Mac Power

3,428

burgers / year

Global Percentile

Bottom 10%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$36,516

per year

Local Currency (KRW)

โ‚ฉ48,201,120

per year

PPP Adjusted

$77,446

purchasing power

Big Mac Power

7,422

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡จ๐Ÿ‡ณ China
$11.8K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$36.5K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ณ China
$70.8K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$77.4K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ณ China
3,428
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
7,422

Key Takeaways

  • โ—

    Loan Officers in South Korea earn 210% more than in China (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 2.2x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Loan Officers more: China or South Korea?โ–พ

South Korea pays Loan Officers an estimated $36,516 USD per year, which is 210% more than China's estimated $11,793 USD.

What is the PPP-adjusted salary for a Loan Officer in China vs South Korea?โ–พ

The PPP-adjusted salary is $70,767 USD in China and $77,446 USD in South Korea. 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 China can buy about 3,428 Big Macs per year, while in South Korea it's about 7,422 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