In the US, doctors are amongst the highest paid professionals in the workforce. And it is no wonder, considering the number of years it takes to become one and the ever rising costs of finishing a medical school. However, some may argue that they are too highly paid. But how do US doctors compare with practitioners from other countries, when it comes to paychecks.
Following, we would like to present you with a list of the 16 highest paying countries for doctors. To keep things fair, we’ve compared how both general practitioners and specialists are paid in countries across the world. We have also taken into account the ratio per Capita GDP, which is an indicator that measures how doctors earn in comparison to the average income in their respective countries. The statistics used in the making of this countdown are taken from the International Labor Organization.
Curious to see which countries pay the most money to doctors? Let’s take a look at the countdown.
No. 16: Greece
Average yearly compensation (specialists): $67,000
Ratio to per Capita GDP (specialists): 3.1
Average yearly compensation (general practitioners): $60,000
Ratio to per Capita GDP (general practitioners): 2.7
No. 15: Finland
Average yearly compensation (specialists): $74,000
Ratio to per Capita GDP (specialists): 2.5
Average yearly compensation (general practitioners): $68,000
Ratio to per Capita GDP (general practitioners): 2.3
No. 14: Sweden
Average yearly compensation (specialists): $76,000
Ratio to per Capita GDP (specialists): 2.5
Average yearly compensation (general practitioners): $66,000
Ratio to per Capita GDP (general practitioners): 2.2
No. 13: Norway
Average yearly compensation (specialists): $77,000
Ratio to per Capita GDP (specialists): 1.9
Average yearly compensation (general practitioners): $69,000
Ratio to per Capita GDP (general practitioners): 1.2
No. 12: Germany
Average yearly compensation (specialists): $77,000
Ratio to per Capita GDP (specialists): 2.7
Average yearly compensation (general practitioners): $69,000
Ratio to per Capita GDP (general practitioners): 2.2
No. 11: New Zealand
Average yearly compensation (specialists): $89,000
Ratio to per Capita GDP (specialists): 3.6
Average yearly compensation (general practitioners): $78,000
Ratio to per Capita GDP (general practitioners): 3.2
No. 10: Denmark
Average yearly compensation (specialists): $91,000
Ratio to per Capita GDP (specialists): 2.9
Average yearly compensation (general practitioners): $109,000
Ratio to per Capita GDP (general practitioners): 3.4
No. 9: Switzerland
Average yearly compensation (specialists): $130,000
Ratio to per Capita GDP (specialists): 3.8
Average yearly compensation (general practitioners): $116,000
Ratio to per Capita GDP (general practitioners): 3.4
No. 8: Ireland
Average yearly compensation (specialists): $143,000
Ratio to per Capita GDP (specialists): 4
Average yearly compensation (general practitioners): $90,000
Ratio to per Capita GDP (general practitioners): 2.8
No. 7: France
Average yearly compensation (specialists): $149,000
Ratio to per Capita GDP (specialists): 5
Average yearly compensation (general practitioners): $92,000
Ratio to per Capita GDP (general practitioners): 3.1
No. 6: United Kingdom
Average yearly compensation (specialists): $150,000
Ratio to per Capita GDP (specialists): 4.9
Average yearly compensation (general practitioners): $118,000
Ratio to per Capita GDP (general practitioners): 3.9
No. 5: Canada
Average yearly compensation (specialists): $161,000
Ratio to per Capita GDP (specialists): 5.1
Average yearly compensation (general practitioners): $107,000
Ratio to per Capita GDP (general practitioners): 3.4
No. 4: Belgium
Average yearly compensation (specialists): $188,000
Ratio to per Capita GDP (specialists): 6
Average yearly compensation (general practitioners): $61,000
Ratio to per Capita GDP (general practitioners): 2
No. 3: United States
Average yearly compensation (specialists): $230,000
Ratio to per Capita GDP (specialists): 5.7
Average yearly compensation (general practitioners): $161,000
Ratio to per Capita GDP (general practitioners): 4.1
No. 2: Australia
Average yearly compensation (specialists): $247,000
Ratio to per Capita GDP (specialists): 7.6
Average yearly compensation (general practitioners): $91,000
Ratio to per Capita GDP (general practitioners): 2.8
No. 1: Netherlands
Average yearly compensation (specialists): $253,000
Ratio to per Capita GDP (specialists): 6
Average yearly compensation (general practitioners): $117,000
Ratio to per Capita GDP (general practitioners): 3.6
