AIPF
โ† Welder in all countries

Welder: Australia vs South Korea

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

๐Ÿ‡ฆ๐Ÿ‡บ Australia pays 21% more

Higher Pay
๐Ÿ‡ฆ๐Ÿ‡บ

Australia

AUD

Estimated Salary (USD)

$36,305

per year

Local Currency (AUD)

A$55,547

per year

PPP Adjusted

$42,851

purchasing power

Big Mac Power

7,455

burgers / year

Global Percentile

Top 17%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$29,897

per year

Local Currency (KRW)

โ‚ฉ39,464,040

per year

PPP Adjusted

$63,408

purchasing power

Big Mac Power

6,077

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
$36.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$29.9K

PPP Adjusted (USD)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
$42.9K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$63.4K

Big Mac Power (burgers/year)

๐Ÿ‡ฆ๐Ÿ‡บ Australia
7,455
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
6,077

Key Takeaways

  • โ—

    Welders in Australia earn 21% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 48%.

  • โ—

    Using the Big Mac Index, a Welder's salary buys 1.2x more Big Macs in Australia.

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Frequently Asked Questions

Who pays Welders more: Australia or South Korea?โ–พ

Australia pays Welders an estimated $36,305 USD per year, which is 21% more than South Korea's estimated $29,897 USD.

What is the PPP-adjusted salary for a Welder in Australia vs South Korea?โ–พ

The PPP-adjusted salary is $42,851 USD in Australia and $63,408 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Welders?โ–พ

Using the Big Mac Index, a Welder in Australia can buy about 7,455 Big Macs per year, while in South Korea it's about 6,077 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