Psychiatrist: New Zealand vs South Korea
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇳🇿 New Zealand pays 1% more
New Zealand
NZD
Estimated Salary (USD)
$95,269
per year
Local Currency (NZD)
NZ$157,194
per year
PPP Adjusted
$149,075
purchasing power
Big Mac Power
19,889
burgers / year
Global Percentile
Top 43%
South Korea
KRW
Estimated Salary (USD)
$94,252
per year
Local Currency (KRW)
₩124,412,640
per year
PPP Adjusted
$199,896
purchasing power
Big Mac Power
19,157
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Psychiatrists in New Zealand earn 1% more than in South Korea (nominal USD).
- ●
After adjusting for purchasing power (PPP), South Korea actually leads by 34%.
- ●
Using the Big Mac Index, a Psychiatrist's salary buys 1.0x more Big Macs in New Zealand.
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Frequently Asked Questions
Who pays Psychiatrists more: New Zealand or South Korea?▾
New Zealand pays Psychiatrists an estimated $95,269 USD per year, which is 1% more than South Korea's estimated $94,252 USD.
What is the PPP-adjusted salary for a Psychiatrist in New Zealand vs South Korea?▾
The PPP-adjusted salary is $149,075 USD in New Zealand and $199,896 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Psychiatrists?▾
Using the Big Mac Index, a Psychiatrist in New Zealand can buy about 19,889 Big Macs per year, while in South Korea it's about 19,157 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 · OECD · World Bank · Big Mac Index