AIPF
โ† Petroleum Engineer in all countries

Petroleum Engineer: Latvia vs United Kingdom

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

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom pays 93% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$41,810

per year

Local Currency (EUR)

โ‚ฌ38,465

per year

PPP Adjusted

$138,274

purchasing power

Big Mac Power

8,972

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฌ๐Ÿ‡ง

United Kingdom

GBP

Estimated Salary (USD)

$80,901

per year

Local Currency (GBP)

ยฃ63,912

per year

PPP Adjusted

$126,307

purchasing power

Big Mac Power

15,264

burgers / year

Global Percentile

Top 36%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$41.8K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$80.9K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$138.3K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$126.3K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
8,972
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
15,264

Key Takeaways

  • โ—

    Petroleum Engineers in United Kingdom earn 93% more than in Latvia (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 1.7x more Big Macs in United Kingdom.

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Frequently Asked Questions

Who pays Petroleum Engineers more: Latvia or United Kingdom?โ–พ

United Kingdom pays Petroleum Engineers an estimated $80,901 USD per year, which is 93% more than Latvia's estimated $41,810 USD.

What is the PPP-adjusted salary for a Petroleum Engineer in Latvia vs United Kingdom?โ–พ

The PPP-adjusted salary is $138,274 USD in Latvia and $126,307 USD in United Kingdom. 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 Latvia can buy about 8,972 Big Macs per year, while in United Kingdom it's about 15,264 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