Salary Calculator (PPP)

COL

KHM

Convert your salary from one currency to another using PPP Calculator

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Enter Your Salary

$

Choose your Country for Currency Conversion as per PPP below

Colombia

Cambodia

Colombian Peso ($) = Riel (៛)

You require a salary of

9,689.81
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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 Cambodia to live a similar quality of life as you would live with a salary of $10,000 in Colombia

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 Cambodia, 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 Cambodia as you have right now in Colombia. 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 Colombia
  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 Colombia and the salary that should align with the Cambodia. 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 Colombia (origin country) whole divided by total multiplication of (source country Colombia index value multiplied by Target country KHM index value provided by World Bank)

Salary (s)- $ 10,000

Index Value of COL (a)- 1390.999847

Index Value of KHM (b)- 1347.85192

(s) / ((a) * (b)) = ៛0.00

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

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 Colombia vs price of Burger in Colombia Vs Cambodia

Per capita Income is the average income earned by the citizens of Colombia or Cambodia 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.