Salary Calculator (PPP)

PHL

SGP

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

Philippines

Singapore

Philippine Peso (₱) = Singapore Dollar ($)

You require a salary of

$ 475.82
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 Singapore to live a similar quality of life as you would live with a salary of 10,000 in Philippines

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

Salary (s)- 10,000

Index Value of PHL (a)- 18.80235559

Index Value of SGP (b)- 0.894655554

(s) / ((a) * (b)) = $475.82

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

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 Philippines vs price of Burger in Philippines Vs Singapore

Per capita Income is the average income earned by the citizens of Philippines or Singapore 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.