Salary Calculator (PPP)

MYS

COG

Convert your salary from one currency to another using PPP Calculator

English

Enter Your Salary

RM

Choose your Country for Currency Conversion as per PPP below

Malaysia

Congo, Rep.

Malaysian Ringgit (RM) = CFA Franc (BEAC) (Fr)

You require a salary of

Fr 2,421,147.57
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 Congo, Rep. to live a similar quality of life as you would live with a salary of RM10,000 in Malaysia

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

Salary (s)- RM 10,000

Index Value of MYS (a)- 1.574419684

Index Value of COG (b)- 381.1902392

(s) / ((a) * (b)) = Fr0.00

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

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 Malaysia vs price of Burger in Malaysia Vs Congo, Rep.

Per capita Income is the average income earned by the citizens of Malaysia or Congo, Rep. 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.