Salary Calculator (PPP)

BGD

HUN

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

Bangladesh

Hungary

Taka (৳) = Forint (Ft)

You require a salary of

Ft 52,340.85
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 Hungary to live a similar quality of life as you would live with a salary of 10,000 in Bangladesh

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

Salary (s)- 10,000

Index Value of BGD (a)- 31.36327336

Index Value of HUN (b)- 164.158043

(s) / ((a) * (b)) = Ft52,340.85

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

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 Bangladesh vs price of Burger in Bangladesh Vs Hungary

Per capita Income is the average income earned by the citizens of Bangladesh or Hungary 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.