AIPF
โ† Loan Officer in all countries

Loan Officer: Latvia vs Japan

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

๐Ÿ‡ฏ๐Ÿ‡ต Japan pays 49% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$20,825

per year

Local Currency (EUR)

โ‚ฌ19,159

per year

PPP Adjusted

$68,872

purchasing power

Big Mac Power

4,469

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฏ๐Ÿ‡ต

Japan

JPY

Estimated Salary (USD)

$30,983

per year

Local Currency (JPY)

ยฅ4,616,467

per year

PPP Adjusted

$69,659

purchasing power

Big Mac Power

10,259

burgers / year

Global Percentile

Bottom 48%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$20.8K
๐Ÿ‡ฏ๐Ÿ‡ต Japan
$31.0K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$68.9K
๐Ÿ‡ฏ๐Ÿ‡ต Japan
$69.7K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
4,469
๐Ÿ‡ฏ๐Ÿ‡ต Japan
10,259

Key Takeaways

  • โ—

    Loan Officers in Japan earn 49% more than in Latvia (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 2.3x more Big Macs in Japan.

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Frequently Asked Questions

Who pays Loan Officers more: Latvia or Japan?โ–พ

Japan pays Loan Officers an estimated $30,983 USD per year, which is 49% more than Latvia's estimated $20,825 USD.

What is the PPP-adjusted salary for a Loan Officer in Latvia vs Japan?โ–พ

The PPP-adjusted salary is $68,872 USD in Latvia and $69,659 USD in Japan. 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 Latvia can buy about 4,469 Big Macs per year, while in Japan it's about 10,259 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