AIPF
โ† Petroleum Engineer in all countries

Petroleum Engineer: South Korea vs United Kingdom

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

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom pays 10% 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‡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‡ฐ๐Ÿ‡ท South Korea
$73.3K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$80.9K

PPP Adjusted (USD)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$155.5K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$126.3K

Big Mac Power (burgers/year)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
14,901
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
15,264

Key Takeaways

  • โ—

    Petroleum Engineers in United Kingdom earn 10% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea still leads by 23%.

  • โ—

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

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Frequently Asked Questions

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

United Kingdom pays Petroleum Engineers an estimated $80,901 USD per year, which is 10% more than South Korea's estimated $73,313 USD.

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

The PPP-adjusted salary is $155,487 USD in South Korea 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 South Korea can buy about 14,901 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