AIPF
โ† Loan Officer in all countries

Loan Officer: Norway vs United Kingdom

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

๐Ÿ‡ณ๐Ÿ‡ด Norway pays 8% more

Higher Pay
๐Ÿ‡ณ๐Ÿ‡ด

Norway

NOK

Estimated Salary (USD)

$43,386

per year

Local Currency (NOK)

kr464,230

per year

PPP Adjusted

$39,981

purchasing power

Big Mac Power

6,931

burgers / year

Global Percentile

Top 21%

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‡ณ๐Ÿ‡ด Norway
$43.4K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$40.3K

PPP Adjusted (USD)

๐Ÿ‡ณ๐Ÿ‡ด Norway
$40.0K
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
$62.9K

Big Mac Power (burgers/year)

๐Ÿ‡ณ๐Ÿ‡ด Norway
6,931
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
7,603

Key Takeaways

  • โ—

    Loan Officers in Norway earn 8% more than in United Kingdom (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), United Kingdom actually leads by 57%.

  • โ—

    Using the Big Mac Index, a Loan Officer's salary buys 1.1x more Big Macs in United Kingdom.

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Frequently Asked Questions

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

Norway pays Loan Officers an estimated $43,386 USD per year, which is 8% more than United Kingdom's estimated $40,295 USD.

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

The PPP-adjusted salary is $39,981 USD in Norway 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 Norway can buy about 6,931 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