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โ† Waiter in all countries

Waiter: 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)

$12,258

per year

Local Currency (EUR)

โ‚ฌ11,277

per year

PPP Adjusted

$40,540

purchasing power

Big Mac Power

2,630

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฐ๐Ÿ‡ท

South Korea

KRW

Estimated Salary (USD)

$21,495

per year

Local Currency (KRW)

โ‚ฉ28,373,400

per year

PPP Adjusted

$45,588

purchasing power

Big Mac Power

4,369

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$12.3K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$21.5K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$40.5K
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
$45.6K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
2,630
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
4,369

Key Takeaways

  • โ—

    Waiters 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 Waiter's salary buys 1.7x more Big Macs in South Korea.

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Frequently Asked Questions

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

South Korea pays Waiters an estimated $21,495 USD per year, which is 75% more than Latvia's estimated $12,258 USD.

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

The PPP-adjusted salary is $40,540 USD in Latvia and $45,588 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Waiters?โ–พ

Using the Big Mac Index, a Waiter in Latvia can buy about 2,630 Big Macs per year, while in South Korea it's about 4,369 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