AIPF
โ† Petroleum Engineer in all countries

Petroleum Engineer: Lithuania vs South Korea

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

๐Ÿ‡ฐ๐Ÿ‡ท South Korea pays 60% more

๐Ÿ‡ฑ๐Ÿ‡น

Lithuania

EUR

Estimated Salary (USD)

$45,797

per year

Local Currency (EUR)

โ‚ฌ42,133

per year

PPP Adjusted

$132,112

purchasing power

Big Mac Power

9,252

burgers / year

Global Percentile

Bottom 31%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$73,313

per year

Local Currency (KRW)

โ‚ฉ96,773,160

per year

PPP Adjusted

$155,487

purchasing power

Big Mac Power

14,901

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡น Lithuania
$45.8K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$73.3K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡น Lithuania
$132.1K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$155.5K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡น Lithuania
9,252
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
14,901

Key Takeaways

  • โ—

    Petroleum Engineers in South Korea earn 60% more than in Lithuania (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), South Korea actually leads by 18%.

  • โ—

    Using the Big Mac Index, a Petroleum Engineer's salary buys 1.6x more Big Macs in South Korea.

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Frequently Asked Questions

Who pays Petroleum Engineers more: Lithuania or South Korea?โ–พ

South Korea pays Petroleum Engineers an estimated $73,313 USD per year, which is 60% more than Lithuania's estimated $45,797 USD.

What is the PPP-adjusted salary for a Petroleum Engineer in Lithuania vs South Korea?โ–พ

The PPP-adjusted salary is $132,112 USD in Lithuania 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?โ–พ

Using the Big Mac Index, a Petroleum Engineer in Lithuania can buy about 9,252 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