Salary Calculator (PPP)

DEU

MYS

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

Germany

Malaysia

Euro (€) = Malaysian Ringgit (RM)

You require a salary of

RM 21,617.38
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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 Malaysia to live a similar quality of life as you would live with a salary of 10,000 in Germany

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

Salary (s)- 10,000

Index Value of DEU (a)- 0.728312

Index Value of MYS (b)- 1.574419684

(s) / ((a) * (b)) = RM21,617.38

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

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 Germany vs price of Burger in Germany Vs Malaysia

Per capita Income is the average income earned by the citizens of Germany or Malaysia 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.