Salary Calculator (PPP)

TUR

CUB

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

Turkey

Cuba

Turkish Lira (₺) = Cuban Peso ($)

You require a salary of

$ 0.00
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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 Cuba to live a similar quality of life as you would live with a salary of 10,000 in Turkey

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

Salary (s)- 10,000

Index Value of TUR (a)- 4.717589

Index Value of CUB (b)-

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

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

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 Turkey vs price of Burger in Turkey Vs Cuba

Per capita Income is the average income earned by the citizens of Turkey or Cuba 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.