AIPF
โ† Loan Officer in all countries

Loan Officer: Estonia vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 51% more

๐Ÿ‡ช๐Ÿ‡ช

Estonia

EUR

Estimated Salary (USD)

$24,147

per year

Local Currency (EUR)

โ‚ฌ22,215

per year

PPP Adjusted

$61,031

purchasing power

Big Mac Power

4,539

burgers / year

Global Percentile

Bottom 38%

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‡ช๐Ÿ‡ช Estonia
$24.1K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$36.5K

PPP Adjusted (USD)

๐Ÿ‡ช๐Ÿ‡ช Estonia
$61.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$77.4K

Big Mac Power (burgers/year)

๐Ÿ‡ช๐Ÿ‡ช Estonia
4,539
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
7,422

Key Takeaways

  • โ—

    Loan Officers in South Korea earn 51% more than in Estonia (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 27%.

  • โ—

    Using the Big Mac Index, a Loan Officer's salary buys 1.6x more Big Macs in South Korea.

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Frequently Asked Questions

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

South Korea pays Loan Officers an estimated $36,516 USD per year, which is 51% more than Estonia's estimated $24,147 USD.

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

The PPP-adjusted salary is $61,031 USD in Estonia 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 Estonia can buy about 4,539 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