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Plumber: Latvia vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 75% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$21,031

per year

Local Currency (EUR)

โ‚ฌ19,349

per year

PPP Adjusted

$69,554

purchasing power

Big Mac Power

4,513

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$36,877

per year

Local Currency (KRW)

โ‚ฉ48,677,640

per year

PPP Adjusted

$78,211

purchasing power

Big Mac Power

7,495

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$21.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$36.9K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$69.6K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$78.2K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
4,513
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
7,495

Key Takeaways

  • โ—

    Plumbers in South Korea earn 75% more than in Latvia (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 12%.

  • โ—

    Using the Big Mac Index, a Plumber's salary buys 1.7x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Plumbers more: Latvia or South Korea?โ–พ

South Korea pays Plumbers an estimated $36,877 USD per year, which is 75% more than Latvia's estimated $21,031 USD.

What is the PPP-adjusted salary for a Plumber in Latvia vs South Korea?โ–พ

The PPP-adjusted salary is $69,554 USD in Latvia and $78,211 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Plumbers?โ–พ

Using the Big Mac Index, a Plumber in Latvia can buy about 4,513 Big Macs per year, while in South Korea it's about 7,495 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