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Patent Attorney: Iceland vs South Korea

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

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland pays 62% more

Higher Pay
๐Ÿ‡ฎ๐Ÿ‡ธ

Iceland

ISK

Estimated Salary (USD)

$133,083

per year

Local Currency (ISK)

kr18,365,454

per year

PPP Adjusted

$136,499

purchasing power

Big Mac Power

20,633

burgers / year

Global Percentile

Top 2%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$81,923

per year

Local Currency (KRW)

โ‚ฉ108,138,360

per year

PPP Adjusted

$173,748

purchasing power

Big Mac Power

16,651

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$133.1K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$81.9K

PPP Adjusted (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$136.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$173.7K

Big Mac Power (burgers/year)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
20,633
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
16,651

Key Takeaways

  • โ—

    Patent Attorneys in Iceland earn 62% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 27%.

  • โ—

    Using the Big Mac Index, a Patent Attorney's salary buys 1.2x more Big Macs in Iceland.

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Frequently Asked Questions

Who pays Patent Attorneys more: Iceland or South Korea?โ–พ

Iceland pays Patent Attorneys an estimated $133,083 USD per year, which is 62% more than South Korea's estimated $81,923 USD.

What is the PPP-adjusted salary for a Patent Attorney in Iceland vs South Korea?โ–พ

The PPP-adjusted salary is $136,499 USD in Iceland and $173,748 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Patent Attorneys?โ–พ

Using the Big Mac Index, a Patent Attorney in Iceland can buy about 20,633 Big Macs per year, while in South Korea it's about 16,651 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