Loan Officer: Italy vs South Korea
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇰🇷 South Korea pays 9% more
Italy
EUR
Estimated Salary (USD)
$33,509
per year
Local Currency (EUR)
€30,828
per year
PPP Adjusted
$69,485
purchasing power
Big Mac Power
5,941
burgers / year
Global Percentile
Top 50%
South Korea
KRW
Estimated Salary (USD)
$36,516
per year
Local Currency (KRW)
₩48,201,120
per year
PPP Adjusted
$77,446
purchasing power
Big Mac Power
7,422
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Loan Officers in South Korea earn 9% more than in Italy (nominal USD).
- ●
After adjusting for purchasing power (PPP), South Korea actually leads by 11%.
- ●
Using the Big Mac Index, a Loan Officer's salary buys 1.2x more Big Macs in South Korea.
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Frequently Asked Questions
Who pays Loan Officers more: Italy or South Korea?▾
South Korea pays Loan Officers an estimated $36,516 USD per year, which is 9% more than Italy's estimated $33,509 USD.
What is the PPP-adjusted salary for a Loan Officer in Italy vs South Korea?▾
The PPP-adjusted salary is $69,485 USD in Italy 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?▾
Using the Big Mac Index, a Loan Officer in Italy can buy about 5,941 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 · OECD · World Bank · Big Mac Index