Investment Banker: Turkey vs Germany
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇩🇪 Germany pays 189% more
Turkey
TRY
Estimated Salary (USD)
$38,997
per year
Local Currency (TRY)
₺1,267,403
per year
PPP Adjusted
$227,051
purchasing power
Big Mac Power
11,538
burgers / year
Global Percentile
Bottom 17%
Germany
EUR
Estimated Salary (USD)
$112,560
per year
Local Currency (EUR)
€103,555
per year
PPP Adjusted
$162,660
purchasing power
Big Mac Power
19,576
burgers / year
Global Percentile
Top 19%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Investment Bankers in Germany earn 189% more than in Turkey (nominal USD).
- ●
After adjusting for purchasing power (PPP), Turkey still leads by 40%.
- ●
Using the Big Mac Index, a Investment Banker's salary buys 1.7x more Big Macs in Germany.
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Frequently Asked Questions
Who pays Investment Bankers more: Turkey or Germany?▾
Germany pays Investment Bankers an estimated $112,560 USD per year, which is 189% more than Turkey's estimated $38,997 USD.
What is the PPP-adjusted salary for a Investment Banker in Turkey vs Germany?▾
The PPP-adjusted salary is $227,051 USD in Turkey and $162,660 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Investment Bankers?▾
Using the Big Mac Index, a Investment Banker in Turkey can buy about 11,538 Big Macs per year, while in Germany it's about 19,576 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