Salary Calculator (PPP)

MAR

SLV

Convert your salary from one currency to another using PPP Calculator

English

Enter Your Salary

د.م.

Choose your Country for Currency Conversion as per PPP below

Morocco

El Salvador

Moroccan Dirham (د.م.) = US Dollar ($)

You require a salary of

$ 1,261.27
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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 El Salvador to live a similar quality of life as you would live with a salary of د.م.10,000 in Morocco

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 د.م. 10,000 salary, you want to move abroad to the El Salvador, 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 El Salvador as you have right now in Morocco. 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 Morocco
  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 Morocco and the salary that should align with the El Salvador. 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 Morocco (origin country) whole divided by total multiplication of (source country Morocco index value multiplied by Target country SLV index value provided by World Bank)

Salary (s)- د.م. 10,000

Index Value of MAR (a)- 3.662980292

Index Value of SLV (b)- 0.462000019

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

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

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 Morocco vs price of Burger in Morocco Vs El Salvador

Per capita Income is the average income earned by the citizens of Morocco or El Salvador 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.