Petroleum Engineer: China vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฐ๐ท South Korea pays 210% more
China
CNY
Estimated Salary (USD)
$23,678
per year
Local Currency (CNY)
ยฅ171,429
per year
PPP Adjusted
$142,087
purchasing power
Big Mac Power
6,883
burgers / year
Global Percentile
Bottom 10%
South Korea
KRW
Estimated Salary (USD)
$73,313
per year
Local Currency (KRW)
โฉ96,773,160
per year
PPP Adjusted
$155,487
purchasing power
Big Mac Power
14,901
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Petroleum Engineers in South Korea earn 210% more than in China (nominal USD).
- โ
After adjusting for purchasing power (PPP), both countries offer similar real value.
- โ
Using the Big Mac Index, a Petroleum Engineer's salary buys 2.2x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Petroleum Engineers more: China or South Korea?โพ
South Korea pays Petroleum Engineers an estimated $73,313 USD per year, which is 210% more than China's estimated $23,678 USD.
What is the PPP-adjusted salary for a Petroleum Engineer in China vs South Korea?โพ
The PPP-adjusted salary is $142,087 USD in China and $155,487 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Petroleum Engineers?โพ
Using the Big Mac Index, a Petroleum Engineer in China can buy about 6,883 Big Macs per year, while in South Korea it's about 14,901 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