Salary Calculator (PPP)

MRT

MKD

Convert your salary from one currency to another using PPP Calculator

English

Enter Your Salary

UM

Choose your Country for Currency Conversion as per PPP below

Mauritania

North Macedonia

Ouguiya (UM) = Denar (ден)

You require a salary of

ден 15,663.77
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 North Macedonia to live a similar quality of life as you would live with a salary of UM10,000 in Mauritania

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

Salary (s)- UM 10,000

Index Value of MRT (a)- 12.1302585

Index Value of MKD (b)- 19.0005594

(s) / ((a) * (b)) = ден15,663.77

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

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 Mauritania vs price of Burger in Mauritania Vs North Macedonia

Per capita Income is the average income earned by the citizens of Mauritania or North Macedonia 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.