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โ† Loan Officer in all countries

Loan Officer: Mexico vs United Kingdom

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

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom pays 216% more

๐Ÿ‡ฒ๐Ÿ‡ฝ

Mexico

MXN

Estimated Salary (USD)

$12,749

per year

Local Currency (MXN)

MX$219,283

per year

PPP Adjusted

$69,410

purchasing power

Big Mac Power

2,778

burgers / year

Global Percentile

Bottom 12%

Higher Pay
๐Ÿ‡ฌ๐Ÿ‡ง

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)

๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
$12.7K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$40.3K

PPP Adjusted (USD)

๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
$69.4K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$62.9K

Big Mac Power (burgers/year)

๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
2,778
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
7,603

Key Takeaways

  • โ—

    Loan Officers in United Kingdom earn 216% more than in Mexico (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), Mexico still leads by 10%.

  • โ—

    Using the Big Mac Index, a Loan Officer's salary buys 2.7x more Big Macs in United Kingdom.

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Frequently Asked Questions

Who pays Loan Officers more: Mexico or United Kingdom?โ–พ

United Kingdom pays Loan Officers an estimated $40,295 USD per year, which is 216% more than Mexico's estimated $12,749 USD.

What is the PPP-adjusted salary for a Loan Officer in Mexico vs United Kingdom?โ–พ

The PPP-adjusted salary is $69,410 USD in Mexico 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?โ–พ

Using the Big Mac Index, a Loan Officer in Mexico can buy about 2,778 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