AIPF
โ† Welder in all countries

Welder: 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)

$8,873

per year

Local Currency (COP)

COL$36,379,300

per year

PPP Adjusted

$90,788

purchasing power

Big Mac Power

2,154

burgers / year

Global Percentile

Bottom 7%

Higher Pay
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‡จ๐Ÿ‡ด Colombia
$8.9K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$29.9K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ด Colombia
$90.8K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$63.4K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ด Colombia
2,154
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
6,077

Key Takeaways

  • โ—

    Welders 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 Welder's salary buys 2.8x more Big Macs in South Korea.

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Frequently Asked Questions

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

South Korea pays Welders an estimated $29,897 USD per year, which is 237% more than Colombia's estimated $8,873 USD.

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

The PPP-adjusted salary is $90,788 USD in Colombia 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 Colombia can buy about 2,154 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