Salary Calculator (PPP)

THA

CHL

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

Thailand

Chile

Baht (฿) = Chilean Peso ($)

You require a salary of

$ 378,476.48
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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 Chile to live a similar quality of life as you would live with a salary of ฿10,000 in Thailand

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

Salary (s)- ฿ 10,000

Index Value of THA (a)- 11.71581515

Index Value of CHL (b)- 443.416042

(s) / ((a) * (b)) = $0.00

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

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 Thailand vs price of Burger in Thailand Vs Chile

Per capita Income is the average income earned by the citizens of Thailand or Chile 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.