Salary Calculator (PPP)

IRL

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

Ireland

United Kingdom

Euro (€) = Pound Sterling (£)

You require a salary of

£ 8,750.74
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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 United Kingdom to live a similar quality of life as you would live with a salary of 10,000 in Ireland

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 Ireland. 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 Ireland
  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 Ireland 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 Ireland (origin country) whole divided by total multiplication of (source country Ireland index value multiplied by Target country GBR index value provided by World Bank)

Salary (s)- 10,000

Index Value of IRL (a)- 0.778517

Index Value of GBR (b)- 0.68126

(s) / ((a) * (b)) = £8,750.74

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

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 Ireland vs price of Burger in Ireland Vs United Kingdom

Per capita Income is the average income earned by the citizens of Ireland 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.