AIPF
โ† Medical Lab Technician in all countries

Medical Lab Technician: South Korea vs Germany

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

๐Ÿ‡ฉ๐Ÿ‡ช Germany pays 20% more

๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$30,105

per year

Local Currency (KRW)

โ‚ฉ39,738,600

per year

PPP Adjusted

$63,849

purchasing power

Big Mac Power

6,119

burgers / year

Global Percentile

Top 45%

Higher Pay
๐Ÿ‡ฉ๐Ÿ‡ช

Germany

EUR

Estimated Salary (USD)

$36,269

per year

Local Currency (EUR)

โ‚ฌ33,367

per year

PPP Adjusted

$52,412

purchasing power

Big Mac Power

6,308

burgers / year

Global Percentile

Top 19%

Visual Comparison

Salary (USD)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$30.1K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$36.3K

PPP Adjusted (USD)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$63.8K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$52.4K

Big Mac Power (burgers/year)

๐Ÿ‡ฐ๐Ÿ‡ท South Korea
6,119
๐Ÿ‡ฉ๐Ÿ‡ช Germany
6,308

Key Takeaways

  • โ—

    Medical Lab Technicians 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 Medical Lab Technician's salary buys 1.0x more Big Macs in Germany.

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Frequently Asked Questions

Who pays Medical Lab Technicians more: South Korea or Germany?โ–พ

Germany pays Medical Lab Technicians an estimated $36,269 USD per year, which is 20% more than South Korea's estimated $30,105 USD.

What is the PPP-adjusted salary for a Medical Lab Technician in South Korea vs Germany?โ–พ

The PPP-adjusted salary is $63,849 USD in South Korea and $52,412 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Medical Lab Technicians?โ–พ

Using the Big Mac Index, a Medical Lab Technician in South Korea can buy about 6,119 Big Macs per year, while in Germany it's about 6,308 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