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Psychiatrist: Slovakia vs Germany

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

πŸ‡©πŸ‡ͺ Germany pays 117% more

πŸ‡ΈπŸ‡°

Slovakia

EUR

Estimated Salary (USD)

$52,364

per year

Local Currency (EUR)

€48,175

per year

PPP Adjusted

$172,803

purchasing power

Big Mac Power

10,473

burgers / year

Global Percentile

Bottom 19%

Higher Pay
πŸ‡©πŸ‡ͺ

Germany

EUR

Estimated Salary (USD)

$113,553

per year

Local Currency (EUR)

€104,469

per year

PPP Adjusted

$164,095

purchasing power

Big Mac Power

19,748

burgers / year

Global Percentile

Top 19%

Visual Comparison

Salary (USD)

πŸ‡ΈπŸ‡° Slovakia
$52.4K
πŸ‡©πŸ‡ͺ Germany
$113.6K

PPP Adjusted (USD)

πŸ‡ΈπŸ‡° Slovakia
$172.8K
πŸ‡©πŸ‡ͺ Germany
$164.1K

Big Mac Power (burgers/year)

πŸ‡ΈπŸ‡° Slovakia
10,473
πŸ‡©πŸ‡ͺ Germany
19,748

Key Takeaways

  • ●

    Psychiatrists in Germany earn 117% more than in Slovakia (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), both countries offer similar real value.

  • ●

    Using the Big Mac Index, a Psychiatrist's salary buys 1.9x more Big Macs in Germany.

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Frequently Asked Questions

Who pays Psychiatrists more: Slovakia or Germany?β–Ύ

Germany pays Psychiatrists an estimated $113,553 USD per year, which is 117% more than Slovakia's estimated $52,364 USD.

What is the PPP-adjusted salary for a Psychiatrist in Slovakia vs Germany?β–Ύ

The PPP-adjusted salary is $172,803 USD in Slovakia and $164,095 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Psychiatrists?β–Ύ

Using the Big Mac Index, a Psychiatrist in Slovakia can buy about 10,473 Big Macs per year, while in Germany it's about 19,748 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