Salary Calculator (PPP)

AGO

MOZ

Convert your salary from one currency to another using PPP Calculator

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Enter Your Salary

Kz

Choose your Country for Currency Conversion as per PPP below

Angola

Mozambique

Kwanza (Kz) = Metical (MT)

You require a salary of

MT 1,122.36
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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 Mozambique to live a similar quality of life as you would live with a salary of Kz10,000 in Angola

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

Salary (s)- Kz 10,000

Index Value of AGO (a)- 214.9891638

Index Value of MOZ (b)- 24.12958715

(s) / ((a) * (b)) = MT1,122.36

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

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 Angola vs price of Burger in Angola Vs Mozambique

Per capita Income is the average income earned by the citizens of Angola or Mozambique 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.