Wage differentials between US and emerging countries

Indian software developers

The median annual salary for a software developer in the United States is around $77,000. The median annual salary for a software developer in India is around $11,000. The World Bank’s PPP conversion factor for India in 2021 was 23.8. Adjusting for this, the Indian worker’s annual salary is around $29,000 in terms of purchasing power in the United States, 37% of the American worker’s.

Nigerian nurses

A starting nurse in Nigeria makes, in PPP, about $4,000 a year. A starting registered nurse in the U.S. makes about $60,000. The Nigerian nurse makes 6% of the American nurse in terms of purchasing power.

 

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