Research Scientist: Latvia vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฐ๐ท South Korea pays 75% more
Latvia
EUR
Estimated Salary (USD)
$31,739
per year
Local Currency (EUR)
โฌ29,200
per year
PPP Adjusted
$104,967
purchasing power
Big Mac Power
6,811
burgers / year
Global Percentile
Bottom 21%
South Korea
KRW
Estimated Salary (USD)
$55,654
per year
Local Currency (KRW)
โฉ73,463,280
per year
PPP Adjusted
$118,035
purchasing power
Big Mac Power
11,312
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Research Scientists 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 Research Scientist's salary buys 1.7x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Research Scientists more: Latvia or South Korea?โพ
South Korea pays Research Scientists an estimated $55,654 USD per year, which is 75% more than Latvia's estimated $31,739 USD.
What is the PPP-adjusted salary for a Research Scientist in Latvia vs South Korea?โพ
The PPP-adjusted salary is $104,967 USD in Latvia and $118,035 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Research Scientists?โพ
Using the Big Mac Index, a Research Scientist in Latvia can buy about 6,811 Big Macs per year, while in South Korea it's about 11,312 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