Actuary: Singapore vs South Korea
Side-by-side salary comparison Β· Estimated based on OECD & BLS data
πΈπ¬ Singapore pays 28% more
Singapore
SGD
Estimated Salary (USD)
$80,087
per year
Local Currency (SGD)
S$107,317
per year
PPP Adjusted
$72,164
purchasing power
Big Mac Power
16,896
burgers / year
Global Percentile
Top 14%
South Korea
KRW
Estimated Salary (USD)
$62,688
per year
Local Currency (KRW)
β©82,748,160
per year
PPP Adjusted
$132,953
purchasing power
Big Mac Power
12,741
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- β
Actuarys in Singapore earn 28% more than in South Korea (nominal USD).
- β
After adjusting for purchasing power (PPP), South Korea actually leads by 84%.
- β
Using the Big Mac Index, a Actuary's salary buys 1.3x more Big Macs in Singapore.
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Frequently Asked Questions
Who pays Actuarys more: Singapore or South Korea?βΎ
Singapore pays Actuarys an estimated $80,087 USD per year, which is 28% more than South Korea's estimated $62,688 USD.
What is the PPP-adjusted salary for a Actuary in Singapore vs South Korea?βΎ
The PPP-adjusted salary is $72,164 USD in Singapore 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?βΎ
Using the Big Mac Index, a Actuary in Singapore can buy about 16,896 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 Β· OECD Β· World Bank Β· Big Mac Index