Salary Calculator (PPP)

AFG

TKM

Convert your salary from one currency to another using PPP Calculator

English

Enter Your Salary

؋

Choose your Country for Currency Conversion as per PPP below

Afghanistan

Turkmenistan

Afghani (؋) = Turkmenistan New Manat (m)

You require a salary of

m 947.84
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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 Turkmenistan to live a similar quality of life as you would live with a salary of ؋10,000 in Afghanistan

2021 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 ؋ 10,000 salary, you want to move abroad to the Turkmenistan, 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 Turkmenistan as you have right now in Afghanistan. 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 Afghanistan
  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 Afghanistan and the salary that should align with the Turkmenistan. 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 Afghanistan (origin country) whole divided by total multiplication of (source country Afghanistan index value multiplied by Target country TKM index value provided by World Bank)

Salary (s)- ؋ 10,000

Index Value of AFG (a)- 18.64855138

Index Value of TKM (b)- 1.76758426

(s) / ((a) * (b)) = m947.84

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

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 Afghanistan vs price of Burger in Afghanistan Vs Turkmenistan

Per capita Income is the average income earned by the citizens of Afghanistan or Turkmenistan 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.