Petroleum Engineer: Germany vs South Korea
Side-by-side salary comparison ยท Estimated based on OECD & BLS data
๐ฉ๐ช Germany pays 20% more
Germany
EUR
Estimated Salary (USD)
$88,326
per year
Local Currency (EUR)
โฌ81,260
per year
PPP Adjusted
$127,640
purchasing power
Big Mac Power
15,361
burgers / year
Global Percentile
Top 19%
South Korea
KRW
Estimated Salary (USD)
$73,313
per year
Local Currency (KRW)
โฉ96,773,160
per year
PPP Adjusted
$155,487
purchasing power
Big Mac Power
14,901
burgers / year
Global Percentile
Top 45%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- โ
Petroleum Engineers in Germany earn 20% more than in South Korea (nominal USD).
- โ
After adjusting for purchasing power (PPP), South Korea actually leads by 22%.
- โ
Using the Big Mac Index, a Petroleum Engineer's salary buys 1.0x more Big Macs in Germany.
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Frequently Asked Questions
Who pays Petroleum Engineers more: Germany or South Korea?โพ
Germany pays Petroleum Engineers an estimated $88,326 USD per year, which is 20% more than South Korea's estimated $73,313 USD.
What is the PPP-adjusted salary for a Petroleum Engineer in Germany vs South Korea?โพ
The PPP-adjusted salary is $127,640 USD in Germany and $155,487 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Petroleum Engineers?โพ
Using the Big Mac Index, a Petroleum Engineer in Germany can buy about 15,361 Big Macs per year, while in South Korea it's about 14,901 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