Machinist: South Korea vs Germany
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฉ๐ช Germany pays 20% more
South Korea
KRW
Estimated Salary (USD)
$31,143
per year
Local Currency (KRW)
โฉ41,108,760
per year
PPP Adjusted
$66,050
purchasing power
Big Mac Power
6,330
burgers / year
Global Percentile
Top 45%
Germany
EUR
Estimated Salary (USD)
$37,520
per year
Local Currency (EUR)
โฌ34,518
per year
PPP Adjusted
$54,220
purchasing power
Big Mac Power
6,525
burgers / year
Global Percentile
Top 19%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Machinists in Germany earn 20% more than in South Korea (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea still leads by 22%.
- โ
Using the Big Mac Index, a Machinist's salary buys 1.0x more Big Macs in Germany.
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Frequently Asked Questions
Who pays Machinists more: South Korea or Germany?โพ
Germany pays Machinists an estimated $37,520 USD per year, which is 20% more than South Korea's estimated $31,143 USD.
What is the PPP-adjusted salary for a Machinist in South Korea vs Germany?โพ
The PPP-adjusted salary is $66,050 USD in South Korea and $54,220 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Machinists?โพ
Using the Big Mac Index, a Machinist in South Korea can buy about 6,330 Big Macs per year, while in Germany it's about 6,525 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