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Machinist: Slovakia vs South Korea

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

πŸ‡°πŸ‡· South Korea pays 80% more

πŸ‡ΈπŸ‡°

Slovakia

EUR

Estimated Salary (USD)

$17,302

per year

Local Currency (EUR)

€15,918

per year

PPP Adjusted

$57,097

purchasing power

Big Mac Power

3,460

burgers / year

Global Percentile

Bottom 19%

Higher Pay
πŸ‡°πŸ‡·

South Korea

KRW

Estimated Salary (USD)

$31,143

per year

Local Currency (KRW)

β‚©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)

πŸ‡ΈπŸ‡° Slovakia
$17.3K
πŸ‡°πŸ‡· South Korea
$31.1K

PPP Adjusted (USD)

πŸ‡ΈπŸ‡° Slovakia
$57.1K
πŸ‡°πŸ‡· South Korea
$66.0K

Big Mac Power (burgers/year)

πŸ‡ΈπŸ‡° Slovakia
3,460
πŸ‡°πŸ‡· South Korea
6,330

Key Takeaways

  • ●

    Machinists in South Korea earn 80% more than in Slovakia (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), South Korea actually leads by 16%.

  • ●

    Using the Big Mac Index, a Machinist's salary buys 1.8x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Machinists more: Slovakia or South Korea?β–Ύ

South Korea pays Machinists an estimated $31,143 USD per year, which is 80% more than Slovakia's estimated $17,302 USD.

What is the PPP-adjusted salary for a Machinist in Slovakia vs South Korea?β–Ύ

The PPP-adjusted salary is $57,097 USD in Slovakia 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?β–Ύ

Using the Big Mac Index, a Machinist in Slovakia can buy about 3,460 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 Β· OECD Β· World Bank Β· Big Mac Index