Salary Calculator (PPP)

LCA

PER

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

Saint Lucia

Peru

East Caribbean Dollar ($) = Sol (S/)

You require a salary of

S/ 9,203.72
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 Peru to live a similar quality of life as you would live with a salary of $10,000 in Saint Lucia

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

Salary (s)- $ 10,000

Index Value of LCA (a)- 1.97264541

Index Value of PER (b)- 1.815568306

(s) / ((a) * (b)) = S/0.00

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

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 Saint Lucia vs price of Burger in Saint Lucia Vs Peru

Per capita Income is the average income earned by the citizens of Saint Lucia or Peru 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.