Salary Calculator (PPP)

ABW

ARG

Convert your salary from one currency to another using PPP Calculator

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Enter Your Salary

ƒ

Choose your Country for Currency Conversion as per PPP below

Aruba

Argentina

Aruban Florin (ƒ) = Argentine Peso ($)

You require a salary of

$ 549,637.84
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We're comparing economic indicators between countries for the same year, even if it's not the latest year available. This ensures consistency, but if we want to use the latest data for both countries, you'll need to switch to an non-strict mode. (feature coming soon).

in Argentina to live a similar quality of life as you would live with a salary of ƒ10,000 in Aruba

2022 PPP data from World Bank

Introduction to PPP (Purchasing Power Parity)

Purchasing Power Parity In layman language

First of all, PPP is not perfect but it is a theoretical scaling instrument that helps us understand our salary difference using the exchange rates provided and cost of goods in the particular country.

In simpler terms, to calculate which things we can afford if our salaries remain the same in the same country where I want to buy things.


Let me clear your confusion by presenting you with an example here how it goes, Imagine you have a ƒ 10,000 salary, you want to move abroad to the Argentina, should you directly convert your currency to check how much you should be paid ?

Well actually No, let's check with a burger, check if the price of 🍔Burger is the same in the Argentina as you have right now in Aruba. Even if you have tried to convert the price of it, you will find it slightly expensive or affordable so are you convinced now why exchange rates are not correct to check your salary.

So instead of checking exchange rates use Purchasing power parity values provided by 🌐World Bank, this index will guide and keep you informed about keeping inflation, expensive places in mind to negotiate it with your hr.

PPP index is used in salary conversion, if you move to a different country to evaluate you get the same value as you used to get in your motherland/work country to the country you moved or from the previous company to your country which can be expensive or lower as per exchange rate but as I said earlier it only converts the currencies.


Importance of PPP in economics

PPP is important because it helps us compare how well-off people are in different countries. It's like a fair way to see who can buy more with their money, regardless of the currency they use. It helps economists understand the standard of living and economic productivity across the globe.

Importance of PPP is very significant in economics to help economists, investors, enthusiasts and a closer check for governments also to check their ppp as it helps them understand how much affordability is there in a country. It also helps them understand -

  • Fair way of checking all the countries where who can buy more with their money regardless of currency they use.
  • Living standards across the nation.
  • Economic productivity across the globe.

Understanding PPP Calculators

What is a PPP Calculator?

A PPP (Purchasing Power Parity) Salary Calculator by (Banksforyou) is a financial tool made to help job seekers, expatriates, employers, hr, economists, researchers and by IMF themselves to compare salaries or wages between different countries by taking into account the differences in the cost of living, simply to check if their current salary aligns with the local cost of living.

How PPP Salary Calculator Work?

A PPP (Purchasing Power Parity) salary calculator works by adjusting salaries or wages from one country to another considering the differences in the cost of living.

Let us check the breakdown of this-

  1. Salary Input - only numeric digits are allowed. Type the salary that you get in your current origin country i.e Aruba
  2. Input Boxes - one is the origin country and another is Target country. In your country, your current country you are living in and the salary you're expecting from Aruba and the salary that should align with the Argentina. Select the countries from the boxes.
  3. Data Retrieval - Data provided by World bank is stored into our databases then retrieved from it and calculates the ppp based on the selected origin and target country. The formulae goes by this - Select the countries from the boxes.

Salary you get in Aruba (origin country) whole divided by total multiplication of (source country Aruba index value multiplied by Target country ARG index value provided by World Bank)

Salary (s)- ƒ 10,000

Index Value of ABW (a)- 1.222730566

Index Value of ARG (b)- 67.20589837

(s) / ((a) * (b)) = $0.00

Aruba vs Afghanistan
Afghanistan vs Aruba
Aruba vs Albania
Albania vs Aruba
Aruba vs Algeria
Algeria vs Aruba
Aruba vs American Samoa
American Samoa vs Aruba
Aruba vs Andorra
Andorra vs Aruba
Aruba vs Angola
Angola vs Aruba
Aruba vs Antigua and Barbuda
Antigua and Barbuda vs Aruba
Aruba vs Argentina
Argentina vs Aruba
Aruba vs Armenia
Armenia vs Aruba
Aruba vs Australia
Australia vs Aruba
Aruba vs Austria
Austria vs Aruba
Aruba vs Azerbaijan
Azerbaijan vs Aruba
Aruba vs Bahamas
Bahamas vs Aruba
Aruba vs Bahrain
Bahrain vs Aruba
Aruba vs Bangladesh
Bangladesh vs Aruba
Aruba vs Barbados
Barbados vs Aruba
Aruba vs Belarus
Belarus vs Aruba
Aruba vs Belgium
Belgium vs Aruba
Aruba vs Belize
Belize vs Aruba
Aruba vs Benin
Benin vs Aruba
Aruba vs Bermuda
Bermuda vs Aruba
Aruba vs Bhutan
Bhutan vs Aruba
Aruba vs Bolivia
Bolivia vs Aruba
Aruba vs Bosnia and Herzegovina
Bosnia and Herzegovina vs Aruba
Aruba vs Botswana
Botswana vs Aruba
Aruba vs Brazil
Brazil vs Aruba
Aruba vs British Virgin Islands
British Virgin Islands vs Aruba
Aruba vs Brunei Darussalam
Brunei Darussalam vs Aruba
Aruba vs Bulgaria
Bulgaria vs Aruba
Aruba vs Burkina Faso
Burkina Faso vs Aruba
Aruba vs Burundi
Burundi vs Aruba
Aruba vs Cabo Verde
Cabo Verde vs Aruba
Aruba vs Cambodia
Cambodia vs Aruba
Aruba vs Cameroon
Cameroon vs Aruba
Aruba vs Canada
Canada vs Aruba
Aruba vs Cayman Islands
Cayman Islands vs Aruba
Aruba vs Central African Republic
Central African Republic vs Aruba
Aruba vs Chad
Chad vs Aruba
Aruba vs Chile
Chile vs Aruba
Aruba vs China
China vs Aruba
Aruba vs Colombia
Colombia vs Aruba
Aruba vs Comoros
Comoros vs Aruba
Aruba vs Congo, Dem. Rep.
Congo, Dem. Rep. vs Aruba
Aruba vs Congo, Rep.
Congo, Rep. vs Aruba
Aruba vs Costa Rica
Costa Rica vs Aruba
Aruba vs Cote d'Ivoire
Cote d'Ivoire vs Aruba
Aruba vs Croatia
Croatia vs Aruba
Aruba vs Cuba
Cuba vs Aruba
Aruba vs Curacao
Curacao vs Aruba
Aruba vs Cyprus
Cyprus vs Aruba
Aruba vs Czechia
Czechia vs Aruba
Aruba vs Denmark
Denmark vs Aruba
Aruba vs Djibouti
Djibouti vs Aruba
Aruba vs Dominica
Dominica vs Aruba
Aruba vs Dominican Republic
Dominican Republic vs Aruba
Aruba vs Ecuador
Ecuador vs Aruba
Aruba vs Egypt
Egypt vs Aruba
Aruba vs El Salvador
El Salvador vs Aruba
Aruba vs Equatorial Guinea
Equatorial Guinea vs Aruba
Aruba vs Eritrea
Eritrea vs Aruba
Aruba vs Estonia
Estonia vs Aruba
Aruba vs Eswatini
Eswatini vs Aruba
Aruba vs Ethiopia
Ethiopia vs Aruba
Aruba vs Faroe Islands
Faroe Islands vs Aruba
Aruba vs Fiji
Fiji vs Aruba
Aruba vs Finland
Finland vs Aruba
Aruba vs France
France vs Aruba
Aruba vs French Polynesia
French Polynesia vs Aruba
Aruba vs Gabon
Gabon vs Aruba
Aruba vs Gambia
Gambia vs Aruba
Aruba vs Georgia
Georgia vs Aruba
Aruba vs Germany
Germany vs Aruba
Aruba vs Ghana
Ghana vs Aruba
Aruba vs Gibraltar
Gibraltar vs Aruba
Aruba vs Greece
Greece vs Aruba
Aruba vs Greenland
Greenland vs Aruba
Aruba vs Grenada
Grenada vs Aruba
Aruba vs Guam
Guam vs Aruba
Aruba vs Guatemala
Guatemala vs Aruba
Aruba vs Guinea
Guinea vs Aruba
Aruba vs Guinea-Bissau
Guinea-Bissau vs Aruba
Aruba vs Guyana
Guyana vs Aruba
Aruba vs Haiti
Haiti vs Aruba
Aruba vs Honduras
Honduras vs Aruba
Aruba vs Hong Kong SAR, China
Hong Kong SAR, China vs Aruba
Aruba vs Hungary
Hungary vs Aruba
Aruba vs Iceland
Iceland vs Aruba
Aruba vs India
India vs Aruba
Aruba vs Indonesia
Indonesia vs Aruba
Aruba vs Iran, Islamic Rep.
Iran, Islamic Rep. vs Aruba
Aruba vs Iraq
Iraq vs Aruba
Aruba vs Ireland
Ireland vs Aruba
Aruba vs Isle of Man
Isle of Man vs Aruba
Aruba vs Israel
Israel vs Aruba
Aruba vs Italy
Italy vs Aruba
Aruba vs Jamaica
Jamaica vs Aruba
Aruba vs Japan
Japan vs Aruba
Aruba vs Jordan
Jordan vs Aruba
Aruba vs Kazakhstan
Kazakhstan vs Aruba
Aruba vs Kenya
Kenya vs Aruba
Aruba vs Kiribati
Kiribati vs Aruba
Aruba vs Korea, Dem. People's Rep.
Korea, Dem. People's Rep. vs Aruba
Aruba vs Korea, Rep.
Korea, Rep. vs Aruba
Aruba vs Kuwait
Kuwait vs Aruba
Aruba vs Kyrgyzstan
Kyrgyzstan vs Aruba
Aruba vs Lao PDR
Lao PDR vs Aruba
Aruba vs Latvia
Latvia vs Aruba
Aruba vs Lebanon
Lebanon vs Aruba
Aruba vs Lesotho
Lesotho vs Aruba
Aruba vs Liberia
Liberia vs Aruba
Aruba vs Libya
Libya vs Aruba
Aruba vs Liechtenstein
Liechtenstein vs Aruba
Aruba vs Lithuania
Lithuania vs Aruba
Aruba vs Luxembourg
Luxembourg vs Aruba
Aruba vs Macao SAR, China
Macao SAR, China vs Aruba
Aruba vs Madagascar
Madagascar vs Aruba
Aruba vs Malawi
Malawi vs Aruba
Aruba vs Malaysia
Malaysia vs Aruba
Aruba vs Maldives
Maldives vs Aruba
Aruba vs Mali
Mali vs Aruba
Aruba vs Malta
Malta vs Aruba
Aruba vs Marshall Islands
Marshall Islands vs Aruba
Aruba vs Mauritania
Mauritania vs Aruba
Aruba vs Mauritius
Mauritius vs Aruba
Aruba vs Mexico
Mexico vs Aruba
Aruba vs Micronesia,Fed.States
Micronesia,Fed.States vs Aruba
Aruba vs Moldova, Republic of
Moldova, Republic of vs Aruba
Aruba vs Monaco
Monaco vs Aruba
Aruba vs Mongolia
Mongolia vs Aruba
Aruba vs Montenegro
Montenegro vs Aruba
Aruba vs Morocco
Morocco vs Aruba
Aruba vs Mozambique
Mozambique vs Aruba
Aruba vs Myanmar
Myanmar vs Aruba
Aruba vs Namibia
Namibia vs Aruba
Aruba vs Nauru
Nauru vs Aruba
Aruba vs Nepal
Nepal vs Aruba
Aruba vs Netherlands
Netherlands vs Aruba
Aruba vs New Caledonia
New Caledonia vs Aruba
Aruba vs New Zealand
New Zealand vs Aruba
Aruba vs Nicaragua
Nicaragua vs Aruba
Aruba vs Niger
Niger vs Aruba
Aruba vs Nigeria
Nigeria vs Aruba
Aruba vs North Macedonia
North Macedonia vs Aruba
Aruba vs Northern Mariana Islands
Northern Mariana Islands vs Aruba
Aruba vs Norway
Norway vs Aruba
Aruba vs Oman
Oman vs Aruba
Aruba vs Pakistan
Pakistan vs Aruba
Aruba vs Palau
Palau vs Aruba
Aruba vs Panama
Panama vs Aruba
Aruba vs Papua New Guinea
Papua New Guinea vs Aruba
Aruba vs Paraguay
Paraguay vs Aruba
Aruba vs Peru
Peru vs Aruba
Aruba vs Philippines
Philippines vs Aruba
Aruba vs Poland
Poland vs Aruba
Aruba vs Portugal
Portugal vs Aruba
Aruba vs Puerto Rico
Puerto Rico vs Aruba
Aruba vs Qatar
Qatar vs Aruba
Aruba vs Romania
Romania vs Aruba
Aruba vs Russian Federation
Russian Federation vs Aruba
Aruba vs Rwanda
Rwanda vs Aruba
Aruba vs Saint Kitts and Nevis
Saint Kitts and Nevis vs Aruba
Aruba vs Saint Lucia
Saint Lucia vs Aruba
Aruba vs Samoa
Samoa vs Aruba
Aruba vs San Marino
San Marino vs Aruba
Aruba vs Sao Tome and Principe
Sao Tome and Principe vs Aruba
Aruba vs Saudi Arabia
Saudi Arabia vs Aruba
Aruba vs Senegal
Senegal vs Aruba
Aruba vs Serbia
Serbia vs Aruba
Aruba vs Seychelles
Seychelles vs Aruba
Aruba vs Sierra Leone
Sierra Leone vs Aruba
Aruba vs Singapore
Singapore vs Aruba
Aruba vs Sint Maarten (Dutch part)
Sint Maarten (Dutch part) vs Aruba
Aruba vs Slovakia
Slovakia vs Aruba
Aruba vs Slovenia
Slovenia vs Aruba
Aruba vs Solomon Islands
Solomon Islands vs Aruba
Aruba vs Somalia
Somalia vs Aruba
Aruba vs South Africa
South Africa vs Aruba
Aruba vs South Sudan
South Sudan vs Aruba
Aruba vs Spain
Spain vs Aruba
Aruba vs Sri Lanka
Sri Lanka vs Aruba
Aruba vs St. Martin (French part)
St. Martin (French part) vs Aruba
Aruba vs St. Vincent and the Grenadines
St. Vincent and the Grenadines vs Aruba
Aruba vs Sudan
Sudan vs Aruba
Aruba vs Suriname
Suriname vs Aruba
Aruba vs Sweden
Sweden vs Aruba
Aruba vs Switzerland
Switzerland vs Aruba
Aruba vs Syrian Arab Republic
Syrian Arab Republic vs Aruba
Aruba vs Tajikistan
Tajikistan vs Aruba
Aruba vs Tanzania
Tanzania vs Aruba
Aruba vs Thailand
Thailand vs Aruba
Aruba vs Timor-Leste
Timor-Leste vs Aruba
Aruba vs Togo
Togo vs Aruba
Aruba vs Tonga
Tonga vs Aruba
Aruba vs Trinidad and Tobago
Trinidad and Tobago vs Aruba
Aruba vs Tunisia
Tunisia vs Aruba
Aruba vs Turkey
Turkey vs Aruba
Aruba vs Turkmenistan
Turkmenistan vs Aruba
Aruba vs Turks and Caicos Islands
Turks and Caicos Islands vs Aruba
Aruba vs Tuvalu
Tuvalu vs Aruba
Aruba vs Uganda
Uganda vs Aruba
Aruba vs Ukraine
Ukraine vs Aruba
Aruba vs United Arab Emirates
United Arab Emirates vs Aruba
Aruba vs United Kingdom
United Kingdom vs Aruba
Aruba vs United States of America
United States of America vs Aruba
Aruba vs Uruguay
Uruguay vs Aruba
Aruba vs US Virgin Islands
US Virgin Islands vs Aruba
Aruba vs Uzbekistan
Uzbekistan vs Aruba
Aruba vs Vanuatu
Vanuatu vs Aruba
Aruba vs Venezuela
Venezuela vs Aruba
Aruba vs Vietnam
Vietnam vs Aruba
Aruba vs West Bank and Gaza
West Bank and Gaza vs Aruba
Aruba vs Yemen
Yemen vs Aruba
Aruba vs Zambia
Zambia vs Aruba
Aruba vs Zimbabwe
Zimbabwe vs Aruba

Uses of PPP Calculators

Cost of Living Comparison

This is how they can impact their cost of living standards by adjusting salaries based on the relative purchasing power of different currencies and locations.

  1. Standardizing Salary Comparisons
  2. Ensuring Fair Compensation
  3. Informing Relocation Decisions
  4. Budgeting and Financial Planning
  5. Negotiating Job Offers

And for companies it gives them a relative index value so they are aware of their costs and the expenses and their product launch price is also affected.

Benefits of Using a PPP Salary Calculator

A PPP (Purchasing Power Parity) salary calculator works by adjusting salaries or wages from one country to another considering the differences in the cost of living.

Let us check the breakdown of this-

  1. Estimated Cost of Living Comparison -
  2. PPP salary calculators help in understanding the difference and comparisons of salaries across different nations in context to your current country’s salary. Thus you can have an informed decision.

  3. Fair Compensation Practices -
  4. It ensures that employers will provide a living standard salary to the employee.

  5. Effective Job Search -
  6. It is an absolutely great tool to search for a job and based on your skills and market rate in your country you can search salary ranges in other countries as well with this tool.

Disadvantages of using PPP Salary Calculator

  1. Accuracy Concerns -
  2. As the data depends on the salary entered and the current market conditions like inflation, disaster or any unexpected incident also sometimes due to use of non-latest index value. The data is fetched from the World Bank so if they have not collected the new data it is not possible to update to the latest year from our side.

  3. Non-monetary benefits are not calculated -
  4. Non monetary benefits such as training opportunities, career development courses or flexible work opportunities differ from person and places.

  5. Risk of Misinterpretation -
  6. Misinterpretation of salary figures without considering crucial factors such as job satisfaction, work life balance or long term career growth.

Frequently Asked Questions

PPP in full form is Purchasing Power Parity is an Index which is prepared by the World Bank so as to check if the same item can be purchased with the same price or not across nations.

GDP measures the total value of goods and services produced within a country, reflecting its economic output using market exchange rates. PPP adjusted exchange rates to compare the purchasing power of different currencies, ensuring that identical goods and services have the same price when checked in a common currency.


Essentially, GDP focuses on the size and growth of an economy, while PPP provides a more accurate comparison of living standards and economic welfare between countries by considering differences in the cost of living and inflation rates such as production of the total number of burgers produced in Aruba vs price of Burger in Aruba Vs Argentina

Per capita Income is the average income earned by the citizens of Aruba or Argentina it can be calculated either by Per capita GDP or GDP per capita PPP.

  • GDP per Capita - Total GDP of a country / its population. It indicates the economic output per person in a country.
  • GDP per capita PPP - It is almost similar to GDP per Capita but instead of using nominal GDP it used PPP adjusted GDP. It provides more accurate data for calculating cost of living standards.