In this article, we will look at the 5 highest-paying countries for dentists. We have also discussed some important statistics about dentists in the US and recent development of leading dental companies in another article. If you are interested in reading about that along with a more extensive list, head straight to the 15 Highest-Paying Countries for Dentists.
5. Australia
Average Salary: $161,522
Australia’s high salaries for doctors can be attributed to several factors. The country values quality healthcare with a high demand for skilled medical professionals. Moreover, the remote and challenging geography creates a need for doctors in rural areas, often commanding higher compensation. In fact, stringent licensing and registration requirements in Australia maintain a competitive market that further drives salaries up. Additionally, Australia’s strong economy, well-established healthcare infrastructure, and government policies prioritize healthcare investment that equally fosters a conducive environment for lucrative doctor salaries.
4. Singapore
Average Salary: $161,995
With a growing dental market projected to grow by 6% annually, the demand for dental professionals is on the rise. Moreover, Singapore’s modern healthcare infrastructure, high living standards, and multicultural environment offer a desirable lifestyle for dentists. Not only this but Singapore’s rapid adaption to technological advancements and quality healthcare ensures dentists can contribute to a dynamic field while enjoying a rewarding career and personal growth opportunities. It is one of the highest-paying countries for dentists.
3. Luxembourg
Average Salary: $204,736
Luxembourg has a comprehensive dental care system where dentists hold special permits from the Ministry of Health, collaborating with CNS and medical associations. Health insurance is mandatory for workers that covers dental services, while private insurance options complement some coverage. Reimbursement for treatments ranges from 80% to 100%, with emergency services available. Dental costs in Luxembourg vary based on procedures, with a focus on quality and patient satisfaction.
2. United States
Average Salary: $209,142
Dental services are in demand in the US due to the oral health awareness amongst the citizens and a growing elderly population. The limited dental schools and rigorous training create a supply shortage which also drives up salaries. Since, dentists in the US often graduate with substantial student loan debt, it also necessitates higher earnings. Additionally, the fee-for-service model in US healthcare incentivizes higher earnings for procedures. All of these factors explain why the US is one of the highest-paying countries for Dentists. We should note that US is the top-paying country in the world for dentists when it comes to the 90th percentile dentists.
1. Switzerland
Average Salary: $216,679
Switzerland offers the highest dentist salary in the world owing to its high cost of living, strong healthcare system, and limited dentist supply. Moreover, the rigorous training, limited dental schools, and specialized procedures also contribute to the demand for dental services, which enables dentists to command high fees and competitive earnings in the Swiss market.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 11 Best Healthcare Stocks Under $50 and 15 Best Healthcare Stocks to Buy Now
