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Petroleum Engineer: Slovakia vs South Korea

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

πŸ‡°πŸ‡· South Korea pays 80% more

πŸ‡ΈπŸ‡°

Slovakia

EUR

Estimated Salary (USD)

$40,731

per year

Local Currency (EUR)

€37,473

per year

PPP Adjusted

$134,414

purchasing power

Big Mac Power

8,146

burgers / year

Global Percentile

Bottom 19%

Higher Pay
πŸ‡°πŸ‡·

South Korea

KRW

Estimated Salary (USD)

$73,313

per year

Local Currency (KRW)

β‚©96,773,160

per year

PPP Adjusted

$155,487

purchasing power

Big Mac Power

14,901

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

πŸ‡ΈπŸ‡° Slovakia
$40.7K
πŸ‡°πŸ‡· South Korea
$73.3K

PPP Adjusted (USD)

πŸ‡ΈπŸ‡° Slovakia
$134.4K
πŸ‡°πŸ‡· South Korea
$155.5K

Big Mac Power (burgers/year)

πŸ‡ΈπŸ‡° Slovakia
8,146
πŸ‡°πŸ‡· South Korea
14,901

Key Takeaways

  • ●

    Petroleum Engineers in South Korea earn 80% more than in Slovakia (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), South Korea actually leads by 16%.

  • ●

    Using the Big Mac Index, a Petroleum Engineer's salary buys 1.8x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Petroleum Engineers more: Slovakia or South Korea?β–Ύ

South Korea pays Petroleum Engineers an estimated $73,313 USD per year, which is 80% more than Slovakia's estimated $40,731 USD.

What is the PPP-adjusted salary for a Petroleum Engineer in Slovakia vs South Korea?β–Ύ

The PPP-adjusted salary is $134,414 USD in Slovakia 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?β–Ύ

Using the Big Mac Index, a Petroleum Engineer in Slovakia can buy about 8,146 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 Β· OECD Β· World Bank Β· Big Mac Index