Taxi Driver: Colombia vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฐ๐ท South Korea pays 237% more
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%
South Korea
KRW
Estimated Salary (USD)
$25,061
per year
Local Currency (KRW)
โฉ33,080,520
per year
PPP Adjusted
$53,151
purchasing power
Big Mac Power
5,094
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
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?โพ
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?โพ
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?โพ
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