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โ† Loan Officer in all countries

Loan Officer: Iceland vs Japan

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

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland pays 91% more

Higher Pay
๐Ÿ‡ฎ๐Ÿ‡ธ

Iceland

ISK

Estimated Salary (USD)

$59,320

per year

Local Currency (ISK)

kr8,186,160

per year

PPP Adjusted

$60,842

purchasing power

Big Mac Power

9,197

burgers / year

Global Percentile

Top 2%

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‡ฎ๐Ÿ‡ธ Iceland
$59.3K
๐Ÿ‡ฏ๐Ÿ‡ต Japan
$31.0K

PPP Adjusted (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$60.8K
๐Ÿ‡ฏ๐Ÿ‡ต Japan
$69.7K

Big Mac Power (burgers/year)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
9,197
๐Ÿ‡ฏ๐Ÿ‡ต Japan
10,259

Key Takeaways

  • โ—

    Loan Officers in Iceland earn 91% more than in Japan (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), Japan actually leads by 14%.

  • โ—

    Using the Big Mac Index, a Loan Officer's salary buys 1.1x more Big Macs in Japan.

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Frequently Asked Questions

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

Iceland pays Loan Officers an estimated $59,320 USD per year, which is 91% more than Japan's estimated $30,983 USD.

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

The PPP-adjusted salary is $60,842 USD in Iceland 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 Iceland can buy about 9,197 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