Petroleum Engineer: Luxembourg vs South Korea
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇱🇺 Luxembourg pays 51% more
Luxembourg
EUR
Estimated Salary (USD)
$110,381
per year
Local Currency (EUR)
€101,551
per year
PPP Adjusted
$64,169
purchasing power
Big Mac Power
18,458
burgers / year
Global Percentile
Top 5%
South Korea
KRW
Estimated Salary (USD)
$73,313
per year
Local Currency (KRW)
₩96,773,160
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
- ●
Petroleum Engineers in Luxembourg earn 51% more than in South Korea (nominal USD).
- ●
After adjusting for purchasing power (PPP), South Korea actually leads by 142%.
- ●
Using the Big Mac Index, a Petroleum Engineer's salary buys 1.2x more Big Macs in Luxembourg.
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Frequently Asked Questions
Who pays Petroleum Engineers more: Luxembourg or South Korea?▾
Luxembourg pays Petroleum Engineers an estimated $110,381 USD per year, which is 51% more than South Korea's estimated $73,313 USD.
What is the PPP-adjusted salary for a Petroleum Engineer in Luxembourg vs South Korea?▾
The PPP-adjusted salary is $64,169 USD in Luxembourg 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?▾
Using the Big Mac Index, a Petroleum Engineer in Luxembourg can buy about 18,458 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 · OECD · World Bank · Big Mac Index