15 Highest Paying Countries for Data Scientists

Published on August 22, 2023 at 5:23 pm by Afifa Mushtaque in Lists, News, Tech

In this article, we will look at the 15 highest paying countries for data scientists. We have also covered key trends and companies related to data. If you want to skip our detailed analysis, head straight to the 5 Highest Paying Countries for Data Scientists.

How Important is Data?

They say data is the new oil and rightly so because data has permeated and tweaked every corner of our lives, much like a secret ingredient in a recipe that works wonders. It’s the powerhouse behind industries today, enabling tasks after tasks to facilitate and empower humans. Just as oil fueled the past industrial revolutions, data drives today’s digital age by bringing innovation, strategic decisions, and operational efficiency.

Similar to oil refining, data undergoes extraction, processing, and application phases. Unlike oil, however, data’s potential is boundless, that inspires breakthroughs in artificial intelligence, internet of things (IoT) and deep learning. To read more about deep learning, do check out our article on deep learning courses for high salary jobs.

Are Data Jobs Still in Demand in 2023?

While data scientist was the sexiest job of 2021, the job of a data scientist is not only one of the most needed jobs in America in 2023, but also one of the most in-demand jobs for the future with a growth rate of 36% between 2021 and 2031. It is also worth noting that technology, finance, and healthcare are the highest paying industries for data scientists.

However, utilization of data is not restricted to data scientists’ jobs alone. In the dynamic media landscape today, the importance and subsequent rise of data in journalism has undergone an equally profound transformation, which has shaped the way news is produced and consumed. Just as the Guardian’s Datablog heralded a new era of data-driven journalism, we witness today an incredible shift towards data’s pivotal role in reinforcing trust and combating misinformation.

Data journalism has evolved into a formidable weapon against misinformation, rooted in the ethos of credible sources and transparent reporting. This pronounced transformation can be attributed to the pandemic when governments started banning fake news through the proliferation of laws against disinformation and only statistically rooted, direct information was prioritized. The accurate data-driven reporting not only informs the public during crises but also safeguards journalism’s integrity in a cacophony of online voices. The metamorphosis of journalism into the 2020s underscores the symbiotic relationship between data and news that enables nuanced insights, fact-checking, and credible reporting that resonate with audiences.

Key Trends and Companies in Data in 2023

Data democratization is a key trend in 2023, which empowers entire workforces to utilize analytics, not just data experts. This shift towards data democratization enables augmented working which further pushes insights to all employees for more effective decision-making,

Here is an example, let’s say there is a Company X. For this company, data democratization unfolds through tailored data literacy training for all employees. A centralized data hub grants access to varied data types, which addresses data availability challenges. Specific tools, like data visualization for marketing and collaboration platforms for product and engineering, cater to distinct team needs. The outcome is a more efficient cross-functional collaboration, informed decision-making, and improved customer experiences. For instance, customer support gains real-time insights for personalized assistance, while sales employs predictive analytics to identify promising leads during trials.

Salesforce Inc (NYSE:CRM), one of the biggest internet of things companies in the world, is introducing Einstein Studio as part of its Data Cloud service, which also exemplifies another pertinent trend in 2023 where companies leverage AI and generative AI for tailored model training. Einstein Studio is essentially a user-friendly “bring your own model” solution that empowers businesses to deploy their unique AI models across various Salesforce Inc (NYSE:CRM) applications. It capitalizes on the Salesforce Inc (NYSE:CRM)’s Data Cloud platform utilizing its real-time data capabilities and curated AI model ecosystem, which includes Amazon.com, Inc (NYSE:AMZN)’s SageMaker and Alphabet Inc (NASDAQ:GOOG)’s Vertex AI. This trend is also in line with data democratization that allows data scientists and engineers to efficiently maintain and deploy AI models while offering zero-ETL connections for streamlined data transfer.

On the other hand, Alphabet Inc (NASDAQ:GOOG) has consistently capitalized on its power to enhance search precision and ad targeting. Through billions of searches, Google Search continually hones its algorithms, while data analytics personalize experiences in Google Maps, amplify ad effectiveness, and incubate innovations like Google Home. By parsing search history, trends, and locations, Alphabet Inc algorithms yield ranked outcomes, which refinesrelevance. Moreover, the Translate service taps into extensive translations for accurate renditions, and Alphabet Inc (NASDAQ:GOOG)’s ad services benefit from rapid and efficient data processing.

Furthermore, incorporating Stream Analytics, which encompasses Cloud Pub/Sub, Cloud Dataflow, and BigQuery, Alphabet Inc (NASDAQ:GOOG) extracts real-time insights from massive datasets. The Google Cloud Platform hosts diverse services like the facilitation of automated ETL tasks by Google Cloud Dataprep. Alphabet Inc (NASDAQ:GOOG)’s capabilities are also underscored by the utilization of BigQuery and Bigtable which ensure minimal latency and achieving high throughput. Alphabet Inc (NASDAQ:GOOG) is one of the highest-paying companies for data scientists, with an expected average salary of $236,000 per year.

Photo by Luke Chesser on Unsplash

Our Methodology

To list the highest paying countries for data scientists, we identified the countries with the highest demand for data scientists and then made a list for 23 countries with the average salaries for data scientists. Of those 23, the 15 with the highest average salaries were selected and have been ranked. We acquired the data for average salaries of data scientists for each country from ERI Economic Research Institute. The list is presented in ascending order.

Here is a list of highest-paying countries for data scientists.

15. Norway

Average Salary: $86,253

Norway provides an incredible space for data scientists owing its strong focus on technology, high digital literacy, progressive policies, and investment in research. Moreover, the abundant job opportunities, quality education, work-life balance, and a flourishing tech community make Norway the best country for data science field.

14. New Zealand

Average Salary: $91,201

As one of the countries with the highest standard of living, New Zealand beckons data scientists with its innovation-driven economy and burgeoning tech sector. The country’s pristine environment and quality education create an ideal setting for data professionals to succeed in their careers while enjoying a high quality of life.

13. Italy

Average Salary: $93,395

According to StudyPortals, the popularity of data science degree programs has increase to a huge margin, particularly for European universities. In fact, interest in Italy for higher education surged by 20.5%, making it as the second-most viewed European country for education. Moreover, data science programs are gaining traction in Italy, which reflectits growing prominence in the field. Italy’s blend of high class universities and cutting-edge research make it one of the best countries for data scientists.

12. United Kingdom

Average Salary: $97,338

In the UK, the demand for data science skills is booming. In fact, it is predicted that by 2030, AI-driven analysis could raise UK’s GDP by up to 22%. However, a supply-demand gap persists, with around 178,000 vacant data specialist roles and an annual supply of less than 10,000 data scientists from UK universities. The initiatives to address the issue of data scientists’ shortage in the UK include upskilling platforms and efforts to attract as many international students as possible. UK is one of the highest paying countries for data scientists.

11. Canada

Average Salary: $101,674

Canada’s Express Entry system now allows skilled individuals with STEM expertise, including data scientists. This policy is aimed to meet the country’s demand for talent in Science, Technology, Engineering, and Mathematics fields, driving economic growth and technological advancement. High living standards and lucrative salaries in Canada coupled with a focus on innovation and welcoming communities, makes it one of the best countries for data scientists immigrate to.

10. France

Average Salary: $106,998

In 2022, France and Imperial College London joined forces to pioneer groundbreaking research at the CNRS-Imperial International Research Centre. With a focus on vital areas like artificial intelligence, climate change, and medicine, this partnership harnesses the institutions’ world-leading expertise in mathematics and data science. The collaboration not only addresses pressing global challenges but also emphasizes early-career researcher training and global sustainability efforts, making France one of the best countries for data science.

9. Finland

Average Salary: $108,922

Finland nurtures data science excellence as it promotes innovation through its quality education, research, and industry collaboration. Its supportive ecosystem makes it a popular hotspot for skilled data scientists and cutting-edge research.One of the highest paying countries for data scientists.

8. Netherlands

Average Salary: $109,883

The Netherlands is also rapidly becoming a popular hotspot for data center colocation due to its robust digital infrastructure. It houses the renowned Amsterdam Internet Exchange which enables high-speed and secure connectivity crucial for data-intensive operations. Moreover, the Netherlands has a highly skilled workforce, particularly in fields like data science, cybersecurity, and artificial intelligence that ensures companies can access the expertise needed to manage and optimize data center operations effectively. Netherlands is also one of the highest paying countries for neurosurgeons.

7. Australia

Average Salary: $110,152

Becoming a data scientist in Australia open doors for innovative projects, competitive salaries, and a flourishing tech ecosystem with abundant job opportunities. With this role, one can contribute to impactful solutions and shape the future across industries in Australia. Australia is also one of the highest paying countries for dentists.

6. Germany

Average Salary: $122,418

Data scientists in Germany often leverage AI, supercomputing, and Earth observation data for research. For example, collaborations between institutions like DLR and LRZ drive innovations across geoinformation, environmental analysis, and AI applications. Germany is considered the best country for data science.

Click here to see the 5 Highest Paying Countries for Data Scientists.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

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This prediction might not be bold at all:

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

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15 Highest Paying Countries for Data Scientists

Published on August 22, 2023 at 5:23 pm by Afifa Mushtaque in Lists, News, Tech

How Important is Data?

Are Data Jobs Still in Demand in 2023?

Key Trends and Companies in Data in 2023

Our Methodology

15. Norway

14. New Zealand

13. Italy

12. United Kingdom

11. Canada

10. France

9. Finland

8. Netherlands

7. Australia

6. Germany

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

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15 Highest Paying Countries for Data Scientists

Published on August 22, 2023 at 5:23 pm by Afifa Mushtaque in Lists, News, Tech

Share

How Important is Data?

Are Data Jobs Still in Demand in 2023?

Key Trends and Companies in Data in 2023

Our Methodology

15. Norway

14. New Zealand

13. Italy

12. United Kingdom

11. Canada

10. France

9. Finland

8. Netherlands

7. Australia

6. Germany

Share

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up: