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โ† Taxi Driver in all countries

Taxi Driver: Colombia vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 237% more

๐Ÿ‡จ๐Ÿ‡ด

Colombia

COP

Estimated Salary (USD)

$7,438

per year

Local Currency (COP)

COL$30,495,800

per year

PPP Adjusted

$76,105

purchasing power

Big Mac Power

1,805

burgers / year

Global Percentile

Bottom 7%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$25,061

per year

Local Currency (KRW)

โ‚ฉ33,080,520

per year

PPP Adjusted

$53,151

purchasing power

Big Mac Power

5,094

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡จ๐Ÿ‡ด Colombia
$7.4K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$25.1K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ด Colombia
$76.1K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$53.2K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ด Colombia
1,805
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
5,094

Key Takeaways

  • โ—

    Taxi Drivers in South Korea earn 237% more than in Colombia (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), Colombia still leads by 43%.

  • โ—

    Using the Big Mac Index, a Taxi Driver's salary buys 2.8x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Taxi Drivers more: Colombia or South Korea?โ–พ

South Korea pays Taxi Drivers an estimated $25,061 USD per year, which is 237% more than Colombia's estimated $7,438 USD.

What is the PPP-adjusted salary for a Taxi Driver in Colombia vs South Korea?โ–พ

The PPP-adjusted salary is $76,105 USD in Colombia and $53,151 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Taxi Drivers?โ–พ

Using the Big Mac Index, a Taxi Driver in Colombia can buy about 1,805 Big Macs per year, while in South Korea it's about 5,094 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