Salary Calculator (PPP)

HKG

GBR

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

Hong Kong SAR, China

United Kingdom

Hong Kong Dollar ($) = Pound Sterling (£)

You require a salary of

£ 1,226.66
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 United Kingdom to live a similar quality of life as you would live with a salary of $10,000 in Hong Kong SAR, China

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 United Kingdom, 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 United Kingdom as you have right now in Hong Kong SAR, China. 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 Hong Kong SAR, China
  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 Hong Kong SAR, China and the salary that should align with the United Kingdom. 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 Hong Kong SAR, China (origin country) whole divided by total multiplication of (source country Hong Kong SAR, China index value multiplied by Target country GBR index value provided by World Bank)

Salary (s)- $ 10,000

Index Value of HKG (a)- 5.553761922

Index Value of GBR (b)- 0.68126

(s) / ((a) * (b)) = £1,226.66

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

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 Hong Kong SAR, China vs price of Burger in Hong Kong SAR, China Vs United Kingdom

Per capita Income is the average income earned by the citizens of Hong Kong SAR, China or United Kingdom 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.