AIPF
โ† Loan Officer in all countries

Loan Officer: Colombia vs United Kingdom

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

๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom pays 272% more

๐Ÿ‡จ๐Ÿ‡ด

Colombia

COP

Estimated Salary (USD)

$10,838

per year

Local Currency (COP)

COL$44,435,800

per year

PPP Adjusted

$110,893

purchasing power

Big Mac Power

2,631

burgers / year

Global Percentile

Bottom 7%

Higher Pay
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‡ด Colombia
$10.8K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$40.3K

PPP Adjusted (USD)

๐Ÿ‡จ๐Ÿ‡ด Colombia
$110.9K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$62.9K

Big Mac Power (burgers/year)

๐Ÿ‡จ๐Ÿ‡ด Colombia
2,631
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
7,603

Key Takeaways

  • โ—

    Loan Officers in United Kingdom earn 272% more than in Colombia (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), Colombia still leads by 76%.

  • โ—

    Using the Big Mac Index, a Loan Officer's salary buys 2.9x more Big Macs in United Kingdom.

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Frequently Asked Questions

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

United Kingdom pays Loan Officers an estimated $40,295 USD per year, which is 272% more than Colombia's estimated $10,838 USD.

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

The PPP-adjusted salary is $110,893 USD in Colombia 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 Colombia can buy about 2,631 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