Salary Calculator (PPP)

CPV

CHN

Convert your salary from one currency to another using PPP Calculator

English

Enter Your Salary

Esc

Choose your Country for Currency Conversion as per PPP below

Cabo Verde

China

Cabo Verde Escudo (Esc) = Yuan Renminbi (¥)

You require a salary of

¥ 877.59
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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 China to live a similar quality of life as you would live with a salary of Esc10,000 in Cabo Verde

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

Salary (s)- Esc 10,000

Index Value of CPV (a)- 45.45605605

Index Value of CHN (b)- 3.989193952

(s) / ((a) * (b)) = ¥877.59

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

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 Cabo Verde vs price of Burger in Cabo Verde Vs China

Per capita Income is the average income earned by the citizens of Cabo Verde or China 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.