AIPF
โ† Loan Officer in all countries

Loan Officer: Canada vs United Kingdom

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

๐Ÿ‡จ๐Ÿ‡ฆ Canada pays 3% more

Higher Pay
๐Ÿ‡จ๐Ÿ‡ฆ

Canada

CAD

Estimated Salary (USD)

$41,308

per year

Local Currency (CAD)

C$56,179

per year

PPP Adjusted

$60,542

purchasing power

Big Mac Power

7,524

burgers / year

Global Percentile

Top 31%

๐Ÿ‡ฌ๐Ÿ‡ง

United Kingdom

GBP

Estimated Salary (USD)

$40,295

per year

Local Currency (GBP)

ยฃ31,833

per year

PPP Adjusted

$62,911

purchasing power

Big Mac Power

7,603

burgers / year

Global Percentile

Top 36%

Visual Comparison

Salary (USD)

๐Ÿ‡จ๐Ÿ‡ฆ Canada
$41.3K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$40.3K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ฆ Canada
$60.5K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$62.9K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ฆ Canada
7,524
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
7,603

Key Takeaways

  • โ—

    Loan Officers in Canada earn 3% more than in United Kingdom (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), both countries offer similar real value.

  • โ—

    Using the Big Mac Index, a Loan Officer's salary buys 1.0x more Big Macs in United Kingdom.

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Frequently Asked Questions

Who pays Loan Officers more: Canada or United Kingdom?โ–พ

Canada pays Loan Officers an estimated $41,308 USD per year, which is 3% more than United Kingdom's estimated $40,295 USD.

What is the PPP-adjusted salary for a Loan Officer in Canada vs United Kingdom?โ–พ

The PPP-adjusted salary is $60,542 USD in Canada and $62,911 USD in United Kingdom. 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 Canada can buy about 7,524 Big Macs per year, while in United Kingdom it's about 7,603 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