Salary Calculator (PPP)

MDG

CHE

Convert your salary from one currency to another using PPP Calculator

English

Enter Your Salary

Ar

Choose your Country for Currency Conversion as per PPP below

Madagascar

Switzerland

Malagasy Ariary (Ar) = Swiss Franc (CHF)

You require a salary of

CHF 8.82
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 Switzerland to live a similar quality of life as you would live with a salary of Ar10,000 in Madagascar

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 Ar 10,000 salary, you want to move abroad to the Switzerland, 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 Switzerland as you have right now in Madagascar. 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 Madagascar
  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 Madagascar and the salary that should align with the Switzerland. 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 Madagascar (origin country) whole divided by total multiplication of (source country Madagascar index value multiplied by Target country CHE index value provided by World Bank)

Salary (s)- Ar 10,000

Index Value of MDG (a)- 1192.771217

Index Value of CHE (b)- 1.051951

(s) / ((a) * (b)) = CHF8.82

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

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 Madagascar vs price of Burger in Madagascar Vs Switzerland

Per capita Income is the average income earned by the citizens of Madagascar or Switzerland 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.