Salary Calculator (PPP)

SAU

LKA

Convert your salary from one currency to another using PPP Calculator

English

Enter Your Salary

ر.س

Choose your Country for Currency Conversion as per PPP below

Saudi Arabia

Sri Lanka

Saudi Riyal (ر.س) = Sri Lanka Rupee (Rs)

You require a salary of

Rs 392,233.32
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 Sri Lanka to live a similar quality of life as you would live with a salary of ر.س10,000 in Saudi Arabia

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 ر.س 10,000 salary, you want to move abroad to the Sri Lanka, 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 Sri Lanka as you have right now in Saudi Arabia. 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 Saudi Arabia
  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 Saudi Arabia and the salary that should align with the Sri Lanka. 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 Saudi Arabia (origin country) whole divided by total multiplication of (source country Saudi Arabia index value multiplied by Target country LKA index value provided by World Bank)

Salary (s)- ر.س 10,000

Index Value of SAU (a)- 1.926109576

Index Value of LKA (b)- 75.54843461

(s) / ((a) * (b)) = Rs392,233.32

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Bulgaria vs Saudi Arabia
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Congo, Dem. Rep. vs Saudi Arabia
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Saudi Arabia vs Costa Rica
Costa Rica vs Saudi Arabia
Saudi Arabia vs Cote d'Ivoire
Cote d'Ivoire vs Saudi Arabia
Saudi Arabia vs Croatia
Croatia vs Saudi Arabia
Saudi Arabia vs Cuba
Cuba vs Saudi Arabia
Saudi Arabia vs Curacao
Curacao vs Saudi Arabia
Saudi Arabia vs Cyprus
Cyprus vs Saudi Arabia
Saudi Arabia vs Czechia
Czechia vs Saudi Arabia
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Denmark vs Saudi Arabia
Saudi Arabia vs Djibouti
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Saudi Arabia vs Dominica
Dominica vs Saudi Arabia
Saudi Arabia vs Dominican Republic
Dominican Republic vs Saudi Arabia
Saudi Arabia vs Ecuador
Ecuador vs Saudi Arabia
Saudi Arabia vs Egypt
Egypt vs Saudi Arabia
Saudi Arabia vs El Salvador
El Salvador vs Saudi Arabia
Saudi Arabia vs Equatorial Guinea
Equatorial Guinea vs Saudi Arabia
Saudi Arabia vs Eritrea
Eritrea vs Saudi Arabia
Saudi Arabia vs Estonia
Estonia vs Saudi Arabia
Saudi Arabia vs Eswatini
Eswatini vs Saudi Arabia
Saudi Arabia vs Ethiopia
Ethiopia vs Saudi Arabia
Saudi Arabia vs Faroe Islands
Faroe Islands vs Saudi Arabia
Saudi Arabia vs Fiji
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Finland vs Saudi Arabia
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France vs Saudi Arabia
Saudi Arabia vs French Polynesia
French Polynesia vs Saudi Arabia
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Greece vs Saudi Arabia
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Greenland vs Saudi Arabia
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Grenada vs Saudi Arabia
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Guatemala vs Saudi Arabia
Saudi Arabia vs Guinea
Guinea vs Saudi Arabia
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Saudi Arabia vs Guyana
Guyana vs Saudi Arabia
Saudi Arabia vs Haiti
Haiti vs Saudi Arabia
Saudi Arabia vs Honduras
Honduras vs Saudi Arabia
Saudi Arabia vs Hong Kong SAR, China
Hong Kong SAR, China vs Saudi Arabia
Saudi Arabia vs Hungary
Hungary vs Saudi Arabia
Saudi Arabia vs Iceland
Iceland vs Saudi Arabia
Saudi Arabia vs India
India vs Saudi Arabia
Saudi Arabia vs Indonesia
Indonesia vs Saudi Arabia
Saudi Arabia vs Iran, Islamic Rep.
Iran, Islamic Rep. vs Saudi Arabia
Saudi Arabia vs Iraq
Iraq vs Saudi Arabia
Saudi Arabia vs Ireland
Ireland vs Saudi Arabia
Saudi Arabia vs Isle of Man
Isle of Man vs Saudi Arabia
Saudi Arabia vs Israel
Israel vs Saudi Arabia
Saudi Arabia vs Italy
Italy vs Saudi Arabia
Saudi Arabia vs Jamaica
Jamaica vs Saudi Arabia
Saudi Arabia vs Japan
Japan vs Saudi Arabia
Saudi Arabia vs Jordan
Jordan vs Saudi Arabia
Saudi Arabia vs Kazakhstan
Kazakhstan vs Saudi Arabia
Saudi Arabia vs Kenya
Kenya vs Saudi Arabia
Saudi Arabia vs Kiribati
Kiribati vs Saudi Arabia
Saudi Arabia vs Korea, Dem. People's Rep.
Korea, Dem. People's Rep. vs Saudi Arabia
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Saudi Arabia vs Kyrgyzstan
Kyrgyzstan vs Saudi Arabia
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Saudi Arabia vs Lebanon
Lebanon vs Saudi Arabia
Saudi Arabia vs Lesotho
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Macao SAR, China vs Saudi Arabia
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Marshall Islands vs Saudi Arabia
Saudi Arabia vs Mauritania
Mauritania vs Saudi Arabia
Saudi Arabia vs Mauritius
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Saudi Arabia vs Micronesia,Fed.States
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Saudi Arabia vs Moldova, Republic of
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Saudi Arabia vs Monaco
Monaco vs Saudi Arabia
Saudi Arabia vs Mongolia
Mongolia vs Saudi Arabia
Saudi Arabia vs Montenegro
Montenegro vs Saudi Arabia
Saudi Arabia vs Morocco
Morocco vs Saudi Arabia
Saudi Arabia vs Mozambique
Mozambique vs Saudi Arabia
Saudi Arabia vs Myanmar
Myanmar vs Saudi Arabia
Saudi Arabia vs Namibia
Namibia vs Saudi Arabia
Saudi Arabia vs Nauru
Nauru vs Saudi Arabia
Saudi Arabia vs Nepal
Nepal vs Saudi Arabia
Saudi Arabia vs Netherlands
Netherlands vs Saudi Arabia
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New Caledonia vs Saudi Arabia
Saudi Arabia vs New Zealand
New Zealand vs Saudi Arabia
Saudi Arabia vs Nicaragua
Nicaragua vs Saudi Arabia
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North Macedonia vs Saudi Arabia
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Northern Mariana Islands vs Saudi Arabia
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Norway vs Saudi Arabia
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Pakistan vs Saudi Arabia
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Panama vs Saudi Arabia
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Poland vs Saudi Arabia
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Portugal vs Saudi Arabia
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Puerto Rico vs Saudi Arabia
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Romania vs Saudi Arabia
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Rwanda vs Saudi Arabia
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Saint Kitts and Nevis vs Saudi Arabia
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Serbia vs Saudi Arabia
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Singapore vs Saudi Arabia
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Slovakia vs Saudi Arabia
Saudi Arabia vs Slovenia
Slovenia vs Saudi Arabia
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Solomon Islands vs Saudi Arabia
Saudi Arabia vs Somalia
Somalia vs Saudi Arabia
Saudi Arabia vs South Africa
South Africa vs Saudi Arabia
Saudi Arabia vs South Sudan
South Sudan vs Saudi Arabia
Saudi Arabia vs Spain
Spain vs Saudi Arabia
Saudi Arabia vs Sri Lanka
Sri Lanka vs Saudi Arabia
Saudi Arabia vs St. Martin (French part)
St. Martin (French part) vs Saudi Arabia
Saudi Arabia vs St. Vincent and the Grenadines
St. Vincent and the Grenadines vs Saudi Arabia
Saudi Arabia vs Sudan
Sudan vs Saudi Arabia
Saudi Arabia vs Suriname
Suriname vs Saudi Arabia
Saudi Arabia vs Sweden
Sweden vs Saudi Arabia
Saudi Arabia vs Switzerland
Switzerland vs Saudi Arabia
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Syrian Arab Republic vs Saudi Arabia
Saudi Arabia vs Tajikistan
Tajikistan vs Saudi Arabia
Saudi Arabia vs Tanzania
Tanzania vs Saudi Arabia
Saudi Arabia vs Thailand
Thailand vs Saudi Arabia
Saudi Arabia vs Timor-Leste
Timor-Leste vs Saudi Arabia
Saudi Arabia vs Togo
Togo vs Saudi Arabia
Saudi Arabia vs Tonga
Tonga vs Saudi Arabia
Saudi Arabia vs Trinidad and Tobago
Trinidad and Tobago vs Saudi Arabia
Saudi Arabia vs Tunisia
Tunisia vs Saudi Arabia
Saudi Arabia vs Turkey
Turkey vs Saudi Arabia
Saudi Arabia vs Turkmenistan
Turkmenistan vs Saudi Arabia
Saudi Arabia vs Turks and Caicos Islands
Turks and Caicos Islands vs Saudi Arabia
Saudi Arabia vs Tuvalu
Tuvalu vs Saudi Arabia
Saudi Arabia vs Uganda
Uganda vs Saudi Arabia
Saudi Arabia vs Ukraine
Ukraine vs Saudi Arabia
Saudi Arabia vs United Arab Emirates
United Arab Emirates vs Saudi Arabia
Saudi Arabia vs United Kingdom
United Kingdom vs Saudi Arabia
Saudi Arabia vs United States of America
United States of America vs Saudi Arabia
Saudi Arabia vs Uruguay
Uruguay vs Saudi Arabia
Saudi Arabia vs US Virgin Islands
US Virgin Islands vs Saudi Arabia
Saudi Arabia vs Uzbekistan
Uzbekistan vs Saudi Arabia
Saudi Arabia vs Vanuatu
Vanuatu vs Saudi Arabia
Saudi Arabia vs Venezuela
Venezuela vs Saudi Arabia
Saudi Arabia vs Vietnam
Vietnam vs Saudi Arabia
Saudi Arabia vs West Bank and Gaza
West Bank and Gaza vs Saudi Arabia
Saudi Arabia vs Yemen
Yemen vs Saudi Arabia
Saudi Arabia vs Zambia
Zambia vs Saudi Arabia
Saudi Arabia vs Zimbabwe
Zimbabwe vs Saudi Arabia

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 Saudi Arabia vs price of Burger in Saudi Arabia Vs Sri Lanka

Per capita Income is the average income earned by the citizens of Saudi Arabia or Sri Lanka 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.