AIPF
โ† Investment Banker in all countries

Investment Banker: Austria vs South Korea

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

๐Ÿ‡ฆ๐Ÿ‡น Austria pays 15% more

Higher Pay
๐Ÿ‡ฆ๐Ÿ‡น

Austria

EUR

Estimated Salary (USD)

$107,384

per year

Local Currency (EUR)

โ‚ฌ98,793

per year

PPP Adjusted

$144,307

purchasing power

Big Mac Power

19,960

burgers / year

Global Percentile

Top 24%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$93,428

per year

Local Currency (KRW)

โ‚ฉ123,324,960

per year

PPP Adjusted

$198,148

purchasing power

Big Mac Power

18,989

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฆ๐Ÿ‡น Austria
$107.4K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$93.4K

PPP Adjusted (USD)

๐Ÿ‡ฆ๐Ÿ‡น Austria
$144.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$198.1K

Big Mac Power (burgers/year)

๐Ÿ‡ฆ๐Ÿ‡น Austria
19,960
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
18,989

Key Takeaways

  • โ—

    Investment Bankers in Austria earn 15% more than in South Korea (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 37%.

  • โ—

    Using the Big Mac Index, a Investment Banker's salary buys 1.1x more Big Macs in Austria.

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Frequently Asked Questions

Who pays Investment Bankers more: Austria or South Korea?โ–พ

Austria pays Investment Bankers an estimated $107,384 USD per year, which is 15% more than South Korea's estimated $93,428 USD.

What is the PPP-adjusted salary for a Investment Banker in Austria vs South Korea?โ–พ

The PPP-adjusted salary is $144,307 USD in Austria and $198,148 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Investment Bankers?โ–พ

Using the Big Mac Index, a Investment Banker in Austria can buy about 19,960 Big Macs per year, while in South Korea it's about 18,989 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