AIPF
โ† Petroleum Engineer in all countries

Petroleum Engineer: South Korea vs Germany

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

๐Ÿ‡ฉ๐Ÿ‡ช Germany pays 20% more

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$73,313

per year

Local Currency (KRW)

โ‚ฉ96,773,160

per year

PPP Adjusted

$155,487

purchasing power

Big Mac Power

14,901

burgers / year

Global Percentile

Top 45%

Higher Pay
๐Ÿ‡ฉ๐Ÿ‡ช

Germany

EUR

Estimated Salary (USD)

$88,326

per year

Local Currency (EUR)

โ‚ฌ81,260

per year

PPP Adjusted

$127,640

purchasing power

Big Mac Power

15,361

burgers / year

Global Percentile

Top 19%

Visual Comparison

Salary (USD)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$73.3K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$88.3K

PPP Adjusted (USD)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$155.5K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$127.6K

Big Mac Power (burgers/year)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
14,901
๐Ÿ‡ฉ๐Ÿ‡ช Germany
15,361

Key Takeaways

  • โ—

    Petroleum Engineers in Germany earn 20% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea still leads by 22%.

  • โ—

    Using the Big Mac Index, a Petroleum Engineer's salary buys 1.0x more Big Macs in Germany.

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Frequently Asked Questions

Who pays Petroleum Engineers more: South Korea or Germany?โ–พ

Germany pays Petroleum Engineers an estimated $88,326 USD per year, which is 20% more than South Korea's estimated $73,313 USD.

What is the PPP-adjusted salary for a Petroleum Engineer in South Korea vs Germany?โ–พ

The PPP-adjusted salary is $155,487 USD in South Korea and $127,640 USD in Germany. 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 South Korea can buy about 14,901 Big Macs per year, while in Germany it's about 15,361 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