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โ† Actuary in all countries

Actuary: Latvia vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 75% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$35,751

per year

Local Currency (EUR)

โ‚ฌ32,891

per year

PPP Adjusted

$118,235

purchasing power

Big Mac Power

7,672

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$62,688

per year

Local Currency (KRW)

โ‚ฉ82,748,160

per year

PPP Adjusted

$132,953

purchasing power

Big Mac Power

12,741

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$35.8K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$62.7K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$118.2K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$133.0K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
7,672
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
12,741

Key Takeaways

  • โ—

    Actuarys 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 Actuary's salary buys 1.7x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Actuarys more: Latvia or South Korea?โ–พ

South Korea pays Actuarys an estimated $62,688 USD per year, which is 75% more than Latvia's estimated $35,751 USD.

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

The PPP-adjusted salary is $118,235 USD in Latvia and $132,953 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

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

Using the Big Mac Index, a Actuary in Latvia can buy about 7,672 Big Macs per year, while in South Korea it's about 12,741 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