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Machinist: Sweden vs South Korea

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

πŸ‡ΈπŸ‡ͺ Sweden pays 13% more

Higher Pay
πŸ‡ΈπŸ‡ͺ

Sweden

SEK

Estimated Salary (USD)

$35,152

per year

Local Currency (SEK)

kr369,096

per year

PPP Adjusted

$44,284

purchasing power

Big Mac Power

5,958

burgers / year

Global Percentile

Top 33%

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‡ͺ Sweden
$35.2K
πŸ‡°πŸ‡· South Korea
$31.1K

PPP Adjusted (USD)

πŸ‡ΈπŸ‡ͺ Sweden
$44.3K
πŸ‡°πŸ‡· South Korea
$66.0K

Big Mac Power (burgers/year)

πŸ‡ΈπŸ‡ͺ Sweden
5,958
πŸ‡°πŸ‡· South Korea
6,330

Key Takeaways

  • ●

    Machinists in Sweden earn 13% more than in South Korea (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), South Korea actually leads by 49%.

  • ●

    Using the Big Mac Index, a Machinist's salary buys 1.1x more Big Macs in South Korea.

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Frequently Asked Questions

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

Sweden pays Machinists an estimated $35,152 USD per year, which is 13% more than South Korea's estimated $31,143 USD.

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

The PPP-adjusted salary is $44,284 USD in Sweden 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 Sweden can buy about 5,958 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