Salary Calculator (PPP)

ARE

SVK

Convert your salary from one currency to another using PPP Calculator

English

Enter Your Salary

د.إ

Choose your Country for Currency Conversion as per PPP below

United Arab Emirates

Slovakia

UAE Dirham (د.إ) = Euro (€)

You require a salary of

2,417.70
info icon

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 Slovakia to live a similar quality of life as you would live with a salary of د.إ10,000 in United Arab Emirates

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 د.إ 10,000 salary, you want to move abroad to the Slovakia, 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 Slovakia as you have right now in United Arab Emirates. 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 United Arab Emirates
  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 United Arab Emirates and the salary that should align with the Slovakia. 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 United Arab Emirates (origin country) whole divided by total multiplication of (source country United Arab Emirates index value multiplied by Target country SVK index value provided by World Bank)

Salary (s)- د.إ 10,000

Index Value of ARE (a)- 2.229006895

Index Value of SVK (b)- 0.538908

(s) / ((a) * (b)) = €2,417.70

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

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 United Arab Emirates vs price of Burger in United Arab Emirates Vs Slovakia

Per capita Income is the average income earned by the citizens of United Arab Emirates or Slovakia 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.