Maybe you know doctors make a lot of money these days, but did you know how much they earn across the globe? Many variables come into play when it comes to the pay doctors receive, which is why this list of countries is always changing. To help you decide where to travel for study abroad , here are those 10 countries with highest salary for doctors
In the United States, doctors make an average salary of $250,000. While that may be high, it’s nowhere near the top 10 highest salaries for doctors in the world.
Here are the top 10 countries with the highest doctor salaries:
- Germany – $402,000
- Australia – $451,000
- Ireland – $457,000
- Norway – $473,000
- Canada – $500,000
- Netherlands – $520,000
- New Zealand – $595,000
- United Kingdom – $600,000
- United States – $587,000 (average)
- Switzerland – $600,000
Top 10 countries with highest salary for doctors
The average salary of a doctor in Australia is between $70,000 and $85,000 per year. On the other hand, the median wage for all workers in Australia is around $54,000 per year or so. In addition to this sum, you can also earn some extra money from private practice which will help you increase your overall earnings by about 20% more than what you would have earned as part of an employer-paid health insurance scheme.
Australian doctors have very good working conditions and enjoy high job security along with excellent working hours and flexible work culture. They also get decent benefits like paid leave (21 days), education allowances ($12000), relocation assistance ($15200) etc., which make their job satisfaction high too!
The average salary of a doctor in Spain is $128,000. The United States comes in second at $212,000 while India has the lowest average salary of $6,000. China has an average annual income of $5,000 by comparison.
In Spain there are plenty of opportunities for doctors to work overseas to earn higher wages than they would receive at home and also gain valuable experience working across diverse cultures and settings.
Doctors in Italy earn a monthly salary of $3,946. The cost of living in Italy is relatively low compared to other European countries, which means that doctors can save more money for retirement or for their families.
Norway is a country in Northern Europe with a population of 5.3 million and an area of 385,252 square kilometres (148,746 sq mi). The country shares a long eastern border with Sweden; later it was also bordered by Finland to the northwest. Norway has an extensive coastline along the North Atlantic Ocean and the Barents Sea.
Norway has been a constitutional monarchy since 1814 when the union with Sweden was dissolved. It was established as a separate kingdom in 872 AD by Harald I Fairhair who conquered what is now southern Norway from Denmark-Norway’s King Hrolf Ganger (“Hrólfr Kraki”). In 1397, Norway entered into a personal union with Denmark that lasted until 1814. After being ruled by various earls and kings, Norway ultimately became part of Sweden in 1523 under King Gustav Vasa but its own parliament maintained some control over domestic affairs until 1884 when full sovereignty was attained through membership in personal union with Sweden.
Singapore is a country in the southernmost part of Asia and is located between the Indian Ocean and Pacific Ocean. It has an area of 5,114 km2 (1,965 sq mi). Singapore had a population of 5,535,000 at the end of September 2017. About two-thirds were born overseas and half are citizens. Among resident citizens, about half or 2 million have been naturalized since independence in 1965.
The nation’s four largest ethnic groups are Chinese (76%), Malay (13%), Indian (7%) and others such as Eurasians or Peranakans with 3%. There are 1 million people from other parts of Southeast Asia in Singapore who speak Malay/Indonesian at home as well as dialects such as Teochew and Hokkien that originated from China; however they are largely Mandarin speaking due to China’s influence on their region while still retaining some other characteristics of their own culture such as religion
The average salary of American doctors is $180,000. It can be as high as $250,000 for some specialties like cardiology and orthopedics. In fact, it is one of the highest paid professions in the US with an average annual wage of $200k to over $300k for senior level physicians.
The cost of living in the US is also higher than other countries so this plays a role in determining how much you get paid here but remember that your earnings would go up significantly if you decide to work here instead of another country because we’ve already established that there’s a lot more demand for doctors than their supply which means there are fewer people willing to take on this profession so they can charge whatever they want!
Canada is a beautiful country with a lot of opportunity. Canada has the fourth highest salary for doctors, and it’s one of the top countries for doctors. There are many reasons why Canada is such an attractive place to live and work as a doctor:
- The standard of living in Canada is high, so doctors can earn more money there than they could in other countries
- It has a large number of practicing doctors per capita compared to other countries
Germany is another good choice for doctors to practice. According to Medical News Today, Germany has a strong economy and many medical facilities that offer good pay. However, the country has low population density and it’s not always easy to commute around the country because of its size.
As with other countries listed here, Germany has an excellent healthcare system that helps ensure that all patients receive quality care from their physicians. As such, it’s vital for doctors who practice there to keep up with continuing education requirements so that they can provide their patients with the best possible care possible.
As a doctor in Switzerland, you can expect to make over $100,000 USD per year. However, the cost of living is very high and there is a constant demand for doctors: many come from other countries due to the high salaries offered. Doctors must be citizens of Switzerland if they want to practice medicine there; if not, they will have to become permanent residents.
The country with the highest doctor salary in the world is Luxembourg. The average annual income of a doctor there is $229,000. The high salary reflects the high cost of living in this country.
- Cost of Living Index: 112
- Average Salary: 229k
- Income-to-Cost Ratio: 4.4x
Doctors are paid handsomely in these countries
- United States
- United Kingdom
- New Zealand
- Belgium (French-speaking)
- Norway (Norwegian-speaking)
9/10: Luxembourg (Luxembourgish and French) and Switzerland
We hope that this article has given you a better understanding of where doctors can find the highest salaries around the world. We have touched on only a few countries and did not go into detail about other factors that might affect your choice, such as cost of living or quality of life.