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โ† Petroleum Engineer in all countries

Petroleum Engineer: Iceland vs Japan

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

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland pays 91% more

Higher Pay
๐Ÿ‡ฎ๐Ÿ‡ธ

Iceland

ISK

Estimated Salary (USD)

$119,096

per year

Local Currency (ISK)

kr16,435,248

per year

PPP Adjusted

$122,153

purchasing power

Big Mac Power

18,464

burgers / year

Global Percentile

Top 2%

๐Ÿ‡ฏ๐Ÿ‡ต

Japan

JPY

Estimated Salary (USD)

$62,204

per year

Local Currency (JPY)

ยฅ9,268,396

per year

PPP Adjusted

$139,854

purchasing power

Big Mac Power

20,597

burgers / year

Global Percentile

Bottom 48%

Visual Comparison

Salary (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$119.1K
๐Ÿ‡ฏ๐Ÿ‡ต Japan
$62.2K

PPP Adjusted (USD)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
$122.2K
๐Ÿ‡ฏ๐Ÿ‡ต Japan
$139.9K

Big Mac Power (burgers/year)

๐Ÿ‡ฎ๐Ÿ‡ธ Iceland
18,464
๐Ÿ‡ฏ๐Ÿ‡ต Japan
20,597

Key Takeaways

  • โ—

    Petroleum Engineers in Iceland earn 91% more than in Japan (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), Japan actually leads by 14%.

  • โ—

    Using the Big Mac Index, a Petroleum Engineer's salary buys 1.1x more Big Macs in Japan.

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Frequently Asked Questions

Who pays Petroleum Engineers more: Iceland or Japan?โ–พ

Iceland pays Petroleum Engineers an estimated $119,096 USD per year, which is 91% more than Japan's estimated $62,204 USD.

What is the PPP-adjusted salary for a Petroleum Engineer in Iceland vs Japan?โ–พ

The PPP-adjusted salary is $122,153 USD in Iceland and $139,854 USD in Japan. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Petroleum Engineers?โ–พ

Using the Big Mac Index, a Petroleum Engineer in Iceland can buy about 18,464 Big Macs per year, while in Japan it's about 20,597 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