Machinist: Latvia vs South Korea
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇰🇷 South Korea pays 75% more
Latvia
EUR
Estimated Salary (USD)
$17,760
per year
Local Currency (EUR)
€16,339
per year
PPP Adjusted
$58,736
purchasing power
Big Mac Power
3,811
burgers / year
Global Percentile
Bottom 21%
South Korea
KRW
Estimated Salary (USD)
$31,143
per year
Local Currency (KRW)
₩41,108,760
per year
PPP Adjusted
$66,050
purchasing power
Big Mac Power
6,330
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Machinists in South Korea earn 75% more than in Latvia (nominal USD).
- ●
After adjusting for purchasing power (PPP), South Korea actually leads by 12%.
- ●
Using the Big Mac Index, a Machinist's salary buys 1.7x more Big Macs in South Korea.
Free · No login required
Explore More
Frequently Asked Questions
Who pays Machinists more: Latvia or South Korea?▾
South Korea pays Machinists an estimated $31,143 USD per year, which is 75% more than Latvia's estimated $17,760 USD.
What is the PPP-adjusted salary for a Machinist in Latvia vs South Korea?▾
The PPP-adjusted salary is $58,736 USD in Latvia and $66,050 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Machinists?▾
Using the Big Mac Index, a Machinist in Latvia can buy about 3,811 Big Macs per year, while in South Korea it's about 6,330 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 · OECD · World Bank · Big Mac Index