Petroleum Engineer: Iceland vs Germany
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇮🇸 Iceland pays 35% more
Iceland
ISK
Estimated Salary (USD)
$119,096
per year
Local Currency (ISK)
kr16,435,248
per year
PPP Adjusted
$122,153
purchasing power
Big Mac Power
18,464
burgers / year
Global Percentile
Top 2%
Germany
EUR
Estimated Salary (USD)
$88,326
per year
Local Currency (EUR)
€81,260
per year
PPP Adjusted
$127,640
purchasing power
Big Mac Power
15,361
burgers / year
Global Percentile
Top 19%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Petroleum Engineers in Iceland earn 35% more than in Germany (nominal USD).
- ●
After adjusting for purchasing power (PPP), both countries offer similar real value.
- ●
Using the Big Mac Index, a Petroleum Engineer's salary buys 1.2x more Big Macs in Iceland.
Free · No login required
Explore More
Frequently Asked Questions
Who pays Petroleum Engineers more: Iceland or Germany?▾
Iceland pays Petroleum Engineers an estimated $119,096 USD per year, which is 35% more than Germany's estimated $88,326 USD.
What is the PPP-adjusted salary for a Petroleum Engineer in Iceland vs Germany?▾
The PPP-adjusted salary is $122,153 USD in Iceland and $127,640 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Petroleum Engineers?▾
Using the Big Mac Index, a Petroleum Engineer in Iceland can buy about 18,464 Big Macs per year, while in Germany it's about 15,361 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 · OECD · World Bank · Big Mac Index