AIPF
โ† Loan Officer in all countries

Loan Officer: 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)

$41,971

per year

Local Currency (EUR)

โ‚ฌ38,613

per year

PPP Adjusted

$56,402

purchasing power

Big Mac Power

7,801

burgers / year

Global Percentile

Top 24%

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$36,516

per year

Local Currency (KRW)

โ‚ฉ48,201,120

per year

PPP Adjusted

$77,446

purchasing power

Big Mac Power

7,422

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฆ๐Ÿ‡น Austria
$42.0K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$36.5K

PPP Adjusted (USD)

๐Ÿ‡ฆ๐Ÿ‡น Austria
$56.4K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$77.4K

Big Mac Power (burgers/year)

๐Ÿ‡ฆ๐Ÿ‡น Austria
7,801
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
7,422

Key Takeaways

  • โ—

    Loan Officers 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 Loan Officer's salary buys 1.1x more Big Macs in Austria.

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Frequently Asked Questions

Who pays Loan Officers more: Austria or South Korea?โ–พ

Austria pays Loan Officers an estimated $41,971 USD per year, which is 15% more than South Korea's estimated $36,516 USD.

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

The PPP-adjusted salary is $56,402 USD in Austria and $77,446 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Loan Officers?โ–พ

Using the Big Mac Index, a Loan Officer in Austria can buy about 7,801 Big Macs per year, while in South Korea it's about 7,422 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