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โ† Patent Attorney in all countries

Patent Attorney: Latvia vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 75% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$46,721

per year

Local Currency (EUR)

โ‚ฌ42,983

per year

PPP Adjusted

$154,515

purchasing power

Big Mac Power

10,026

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$81,923

per year

Local Currency (KRW)

โ‚ฉ108,138,360

per year

PPP Adjusted

$173,748

purchasing power

Big Mac Power

16,651

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$46.7K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$81.9K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$154.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$173.7K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
10,026
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
16,651

Key Takeaways

  • โ—

    Patent Attorneys in South Korea earn 75% more than in Latvia (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 12%.

  • โ—

    Using the Big Mac Index, a Patent Attorney's salary buys 1.7x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Patent Attorneys more: Latvia or South Korea?โ–พ

South Korea pays Patent Attorneys an estimated $81,923 USD per year, which is 75% more than Latvia's estimated $46,721 USD.

What is the PPP-adjusted salary for a Patent Attorney in Latvia vs South Korea?โ–พ

The PPP-adjusted salary is $154,515 USD in Latvia and $173,748 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Patent Attorneys?โ–พ

Using the Big Mac Index, a Patent Attorney in Latvia can buy about 10,026 Big Macs per year, while in South Korea it's about 16,651 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