Economist: Singapore vs South Korea
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇸🇬 Singapore pays 28% more
Singapore
SGD
Estimated Salary (USD)
$86,125
per year
Local Currency (SGD)
S$115,408
per year
PPP Adjusted
$77,605
purchasing power
Big Mac Power
18,170
burgers / year
Global Percentile
Top 14%
South Korea
KRW
Estimated Salary (USD)
$67,415
per year
Local Currency (KRW)
₩88,987,800
per year
PPP Adjusted
$142,978
purchasing power
Big Mac Power
13,702
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Economists in Singapore earn 28% more than in South Korea (nominal USD).
- ●
After adjusting for purchasing power (PPP), South Korea actually leads by 84%.
- ●
Using the Big Mac Index, a Economist's salary buys 1.3x more Big Macs in Singapore.
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Frequently Asked Questions
Who pays Economists more: Singapore or South Korea?▾
Singapore pays Economists an estimated $86,125 USD per year, which is 28% more than South Korea's estimated $67,415 USD.
What is the PPP-adjusted salary for a Economist in Singapore vs South Korea?▾
The PPP-adjusted salary is $77,605 USD in Singapore and $142,978 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Economists?▾
Using the Big Mac Index, a Economist in Singapore can buy about 18,170 Big Macs per year, while in South Korea it's about 13,702 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 · OECD · World Bank · Big Mac Index