Petroleum Engineer: Italy vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฐ๐ท South Korea pays 9% more
Italy
EUR
Estimated Salary (USD)
$67,276
per year
Local Currency (EUR)
โฌ61,894
per year
PPP Adjusted
$139,505
purchasing power
Big Mac Power
11,928
burgers / year
Global Percentile
Top 50%
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 9% more than in Italy (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea actually leads by 11%.
- โ
Using the Big Mac Index, a Petroleum Engineer's salary buys 1.2x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Petroleum Engineers more: Italy or South Korea?โพ
South Korea pays Petroleum Engineers an estimated $73,313 USD per year, which is 9% more than Italy's estimated $67,276 USD.
What is the PPP-adjusted salary for a Petroleum Engineer in Italy vs South Korea?โพ
The PPP-adjusted salary is $139,505 USD in Italy 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 Italy can buy about 11,928 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