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Investment Banker: United States vs South Korea

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

πŸ‡ΊπŸ‡Έ United States pays 64% more

Higher Pay
πŸ‡ΊπŸ‡Έ

United States

USD

Estimated Salary (USD)

$153,000

per year

Local Currency (USD)

$153,000

per year

PPP Adjusted

$136,863

purchasing power

Big Mac Power

26,889

burgers / year

Global Percentile

Top 0%

πŸ‡°πŸ‡·

South Korea

KRW

Estimated Salary (USD)

$93,428

per year

Local Currency (KRW)

β‚©123,324,960

per year

PPP Adjusted

$198,148

purchasing power

Big Mac Power

18,989

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

πŸ‡ΊπŸ‡Έ United States
$153.0K
πŸ‡°πŸ‡· South Korea
$93.4K

PPP Adjusted (USD)

πŸ‡ΊπŸ‡Έ United States
$136.9K
πŸ‡°πŸ‡· South Korea
$198.1K

Big Mac Power (burgers/year)

πŸ‡ΊπŸ‡Έ United States
26,889
πŸ‡°πŸ‡· South Korea
18,989

Key Takeaways

  • ●

    Investment Bankers in United States earn 64% more than in South Korea (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), South Korea actually leads by 45%.

  • ●

    Using the Big Mac Index, a Investment Banker's salary buys 1.4x more Big Macs in United States.

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Frequently Asked Questions

Who pays Investment Bankers more: United States or South Korea?β–Ύ

United States pays Investment Bankers an estimated $153,000 USD per year, which is 64% more than South Korea's estimated $93,428 USD.

What is the PPP-adjusted salary for a Investment Banker in United States vs South Korea?β–Ύ

The PPP-adjusted salary is $136,863 USD in United States 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?β–Ύ

Using the Big Mac Index, a Investment Banker in United States can buy about 26,889 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 Β· OECD Β· World Bank Β· Big Mac Index