Some of the best paying specialities can pay 120% more than the lowest-paying specialities in the US. If you prefer to download the image, please credit us as a source. As the joint association of the State Chambers of Physicians (Landesrztekammer), it represents the interests of 506,014 physicians (status: 31/12/2017) in matters relating to professional policy, and plays an active role in opinion-forming processes with regard to health and social policy and in legislative procedures. Opportunity cost is where there is a loss of potential gain, which means you might be losing out by choosing one thing over another. An average doctor's salary in the UK is around 76,300 GBP per year. The below table is taken from the Medscape Residents Salary & Debt Report 2019. If so, they can earn what is known as Clinical Excellence Awards. According to Indeed, the national average wage for a General Practitioner (GP) is $218,224 per year or $143 per hour. In some (Estonia, Czech Republic, Israel and Portugal) the gap is above 35%. In major cities you don't need a car but a bike and public transit for 60- 120/month can do it as long as getting into on call work is possible. Doctors - 78.320 euros (92.600 euros) Finance - 61.150 euros (68.580 euros) Sales - 62.380 euros (70.750 euros) Hi there guys, I'm glad we have a subreddit for medical students in the EU now :) Basically the questions boils down to which is better for doctors, Germany or the UK? Infectious Disease $260,000. The position of one's career has a significant influence on salary. But even so, you cannot escape the fact that doctors do earn a lot more in the US. No lack of cultural experiences and amuch cheaper alternative to London! The British health system offers citizens quasi-contribution-free medical care, regardless of their personal circumstances. Germany : United Kingdom . Average annual salary: 94,052 ($125,416) Italy, with its population of 60 million, has had difficulties in its healthcare system for many decades. Whether one works as a physician in private practice or a hospital, the working conditions are good. And if beer is your thing, youll feel right at home here! A physician must be a member of a State Chamber of Physicians before his or her specialist qualifications may be assessed for equivalence. Press J to jump to the feed. The survey, released Aug. 20, includes responses from physicians in the U.S., the United Kingdom, France, Spain, Germany, Italy, Brazil and Mexico. Thats because they work long hours and dont get paid much. Women earn less than men, with significant differences in all the countries. In terms of net worth, U.S. physicians are significantly ahead of their counterparts in other countries. Though this is a complex matter because it depends on so many factors, however, some trends are clear. Their awards range anywhere from 3,016 to an incredible 77,320! Clearly, some places worldwide possess a greater number of medical care providers than others. Firstly - The Junior Doctor's Salary. The dark side of being a Malaysian doctor, Creating a successful career in Integrative and Functional Medicine, Changing worlds: overseas opportunities for medical students. Family care doctors earn an average of $234,000, $60,000 less than the average salary across the country. Orthopaedic, thats the branch of medicine that deals with problems of bones or muscles. above $4,000. Thanks to Bytemark for donating our web hosting. Physicians in the U.K. ranked second with an average net worth of $657,000, and those in Mexico had an average net worth of $67,000. The U.S. has the lowest specialist pay disparity, with male specialists earning 33 percent more than women. It was honestly a fantastic experience and would have recommended it to anyone. On average, physicians in the U.S. earned the most ($316,000) per year, followed by Germany ($183,000) and the U.K. ($138,000). If youre a doctor, either coming out of medical school or considering relocating for work, its typically best to go where the money is, as long as you can adapt to the conditions, rules and regulations. Residents are often referred to in terms of how many years it has been since they graduated. The variation is huge. The main variable is the geographic location. Indices Difference Consumer Prices in Germanyare 3.0%higherthan in United Kingdom(without rent) Consumer Prices Including Rent in Germanyare 2.7%lowerthan in United Kingdom These supplements are called pay bands. Want to be notified when we write more articles like this? However, more up-to-date figures are available when examining the OECD's latest release, which has data for 2008 in the UK: It's worth bearing in mind straight away the difference between "self-employed" and "salaried" GPs as presented by the OECD. They are not all built the same. Life Expectancy: WHO Publish Date 2020, Physician Density: WHO 2020 If youre interested in learning German, go to www.aidan.co.uk. Let us know in the comments section below! The OECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. It is advisable that all those seeking for the In Germany vs UK should have a clear idea of what they want. About 40% of head physicians earn between 125,000 and 400,000 Euro/year on average (3). Check out this course:Liberty Medics Course - https://course.libertymedics.com/a/4c7htThis article on Revising Rubies - https://revis. This system was to be financed by taxes. This Thursday will see the NHS pensions disputecome to a head when doctors across the UK take part in industrial action - the first time they have done so in 40 years. Dropping public health insurance in favor of private insurance can save you ca. 15,986 views Dec 29, 2019 427 Dislike Share Deepak Mishra 13.9K subscribers Medical PG: Germany vs UK This video compares various aspects of Life of a Doctor in Germany to that in the United. Some pay many hundreds of euros each month. The first year of residency is called your intern year. In Germany and other mainland European countries, the emergency number for fire brigade and ambulance is 112. This bar graph illustrates the wage of a junior doctor in UK, USA and Australia and as a common currency, USD has been used. Ireland scores consistently highly on best paying countries for both specialists and GPs. In reality you work between 48-60+ hours depending on speciality and hospital. If you are unsure about whether moving to the US is the right thing to do, then dont worry, I have a great opportunity for you. Germany spends 11.7% of its GDP on health, Britain 10%. Is the NHS pension scheme a drain on the taxpayer? Andrew is also the author of 'The War on Cash: How Governments and Banks Are Killing Cash and What You Can Do to Protect Yourself'. United Kingdom - $657,000 Germany - $441,000 France - $425,000 Italy - $269,000 Spain - $228,000 Brazil - $95,000 Mexico - $67,000 US physicians are well ahead on net worth for similar specialists in other countries, as well as the average US net worth. 11. Women physicians particularly do not fare well in the Japanese system because they have to work long hours and, consequently, have no time to balance a family. So there will be not much difference in the . NHS pay is reviewed annually by the Review Body on Doctors' and Dentists' Remuneration (DDRB), who make recommendations to the government; new rates apply from the 1 st of April. The national average salary for junior doctors is 34,790 per year, but this can vary substantially. In the UK a hospital based consultant will typically make the equivalent of $100-150K depending on experience. Setting up a business; 5 reasons; . Years of experience Per year; Less than 1 year: $181,089: 1 to 2 years: $111,768: 3 to 5 years-6 to 9 years: Taxes for the Highest Paid Doctors. If you meet the licensing criteria, the country offers an excellent quality of life, coupled with good retirement benefits. Medscape found U.S. physicians have the highest annual salaries, at $313,000, and German physicians have the second-highest annual salaries, at $163,000: Medscape noted that a number of factors could affect physician salaries. However, money isnt everything, and shouldnt be the only thing you look at, especially if you are considering moving to the US as a doctor. Based on these categories, the wages (as of 2021) range as follows (with municipal hospitals towards the lower end, private hospital groups towards the higher end and university hospitals usually falling somewhere in-between): Monthly wage for a Resident / Assistant Physician (Assistenzarzt) in Germany: Monthly wage Specialist (Facharzt) in Germany: Monthly wage for a Consultant (Oberarzt) in Germany: Monthly wage for a Consultant, Head of Department (Leitender Oberarzt) in Germany: Your email address will not be published. Teachers get. He founded the German health insurance system, which is financed by social contributions from the insured and provides basic care for all citizens. Overall, across all states and medical specialities, the mean salary of a doctor in the United States is $294,000/year (Medscape Report). Belgium is divided into French, Flemish and a few German speaking parts, and offers local delicacies such as mussels, fries and waffles. In Germany, 43 percent of physicians feel they are fairly compensated, compared to just 14 percent in Spain. Japan has a rapidly aging population, and many of its doctors are on the verge of retirement. Recruitment agencies say that GPs in Australia can expect to earn around AUD$240 000 (130 893) and up to AUD$380 000 in rural areas through a combination of salary, allowances, and bonuses. Most hospitals also provide extra language courses for doctors from outside France. From my observation the path to practising medicine and specialising is very clear in the UK but rather checkered when it comes to Germany. She is passionate about medical students wellbeing, encouraging people to find their unique career paths and enjoys every opportunity to be creative. Getting an appointment doesn't require patience and stoicism as it does in the UK (other than the language barrier . On this measure, the UK did indeed top the list, with doctors paid 4.2 times the average wage based on 2007 figures. If you compare some of the above information, you may have already started to see a trend. On average, primary care physicians in the U.S. earn $242,000 annually, the highest of any country surveyed. So, where are these top salaries for doctors? Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information. 06975984) limited by guarantee and registered in England and Wales. Steigbgel). As you can see, the top-paying specialities are more than doubling the bottom paying specialities. Their salary structures dont differ too much in the first year of employment. Patients continually face long delays in seeing specialists. Average annual salary: 153,476 ($204,634). Gouvernement: Qu. The average after-tax salary is enough to cover living expenses for 1.9 months in Norway compared to 1.6 months in the United Kingdom. In principle, the system is similar to the much-discussed citizens insurance in Germany. No one becomes a doctor because they want to be a resident. Probably not for the faint hearted during winter. A medical student has many things to make decisions on. "Patient support group Patient Concern said doctors in Britain were among the best-paid in the world. Dec 28, 2022 10:48am. That report, using data sources from each of 21 different OECD countries, compared the 'net income' (i.e. However, more and more young physicians are shying away from entrepreneurial risk. (The above values are only reference ranges and actual starting salary might vary 5 to 10 . Family Medicine $255,000. So GP's earnings still remain around four times the median income of 25,882 in 2010 for a full-time worker, which is fairly consistent with the data from the OECD. The average after-tax salary is enough to cover living expenses for 1.9 months in Germany compared to 1.6 months in the United Kingdom. The country has solid labour laws that protect healthcare workers from long hours and prolonged overtime. Want to move to the US? What information do you need on Doctor in Germany vs UK? Approximate gross salary: The median salary is about 50k per year according to payscale.com for embedded software engineers in London, which comes to 4167 euros per month. UK spending on health is state-regulated and lower than in Germany, for example. Overall new doctors in their first year will earn less than twice the average national salary in a hospital but need to work many more hours. Full Fact is a registered charity (no. For example, the Daily Mail in December 2009ran with the headline: "Britain is failing on strokes, dentistry and hospital beds while paying GPs more than any other developed country.". It promotes hate, damages peoples health, and hurts democracy. They can make more money, if they are allowed to have privately insured patients. This is one of the many advantages of EU membership. In just a few clicks, the database will reveal that you can earn the most in the federal state of Baden-Wrttemberg, where the gross monthly salary is 2,994 euros. The following salaries are the average remuneration for specialists and GPs, with the ranking based on an average of the two combined. Developed Country. Everything is in German. Each state has its own laws and things get very complicated. 40,050. Trainee doctor National average salary: 31,077 per year Primary duties: After attending medical school, doctors are required to complete a 2-year Foundation Programme (FP) before they can begin speciality training. This continues to increase in increments up to 49,036. This has raised alarm bells among public policymakers attempting to avert a medical care crisis. However, once a doctor is earning them, they tend to keep that award forever (which means if they have a 10K award they will be earning an extra 10K for the rest of their career although this is not entirely guaranteed). Australians currently pay nothing on . Though salaries for doctors are generous in Iceland, it is one of the most expensive countries in the world. For example, according to the World Health Organization, the UK maintains 58.23 medical doctors per 10,000, but India only has 9.28 medical doctors per 10,000. The facts on doctors' pay Basic salary for junior doctors starts at about 23,000 but increases in the second year to about 28,000 ( Pay for doctors - NHS Careers ). At the same time, Denmark offers higher salaries already in the first stage but progression is limited (around 90%) compared to the UK (around 235%). Therefore please note that these salary comparisons are an approximation. This is where something called pay banding comes in. Be it the US or France, the world is your oyster! This is also valid for speciality training in EU/EEA and Sutherland, if it was completed by a physician who is not a citizen of EU/EEA and Sutherland. The programme is designed to prepare new doctors for medical practice and give them hands-on experience working with patients. A small nation with just above six-hundred-thousand, Luxembourg offers a cultural mix between its neighbours Germany and France. Average Wage Germany vs United Kingdom comparison. The average net worth of physicians in the U.S. is $1.7 million, according to the survey. 2000. This slideshow. Copyright 2023 Becker's Healthcare. 2023 DeltaQuest Media Limited. This 2018 study shows that oncology doctors earned $465,089 (UK doctors earn $179,607). Canada is consistently ranked as one of the best countries in the world to live in. You will also discover related posts on Doctor in Germany vs UK, Doctor salary in Germany, nurse salary in Germany Vs UK, UK doctors pay compared to other countries, Doctor salary UK vs US and German medical council right here on Collegelearners. . The first year of residency is called the internship year. Tax and other deductions are traditionally very high in Germany (approximately 40%). Even rural areas offer state-of-the-art diagnostics and treatments that are available in major cities. However, these specialities are notoriously harder to get into and sometimes require taking years out to boost resums. In 2018 compared to the year before, 10% fewer doctors were looking to move abroad for work. Today, the German Medical Association is the joint association of the 17 State Chambers of Physicians, which are registered corporations under public law. The US has no shortage of specialists, and there are also ample opportunities in rural areas for people who want to practise primary care, pathology or psychiatry. The variation in teaching is also enormous. Does physician caseload correlate with burnout? However, the austerity course regularly takes its revenge, for example when the flu breaks out. We have compiled a list of the top 10 countries with the highest salaries for doctors, courtesy of data compiled by Lenstore. In England most people have to wait 22 months for orthopaedic operations. We are dividing the overall expenses into two categories for both countries: tuition fees and the cost of living in Germany vs UK. The average hospital registrar salary in the United Kingdom is 41,408, with 10,174 being award as a bonus (see pay banding). Crowdsourced data is a vital part of the Internet, help us become better! So far, Japan has not recruited foreign doctors because one requirement for practising medicine is the ability to speak Japanese. Note that in Germany, only head physicians can negotiate their salaries. There are four different kinds of hospitals in Germany, depending on who operates them: community hospitals, university hospitals, private hospitals, and hospitals operated by a church or religious organization. Even for family medicine, a speciality known for being one of the lowest paying in the US brings in 130% more income than a GP in the UK even when adjusted for income. Average annual salary: 94,052 ($125,416). Austria. While in Germany you have the choice between private and public health insurance, the UK has a one-size-fits-all system. One major difference between the UK and Australia is in the area of tax deductions. The lowest national annual average wage was USD 126,470, which went up to USD 208,000 (the highest average). The range for our most popular Doctor positions (listed below) typically falls between $120,642 and $472,744. Medscape Residents Salary & Debt Report 2019, helping doctors and International Medical Graduates move to the US, Analysis of consultants' NHS and private incomes in England in 2003/4 (2008), er specialists earn? Examples of specialities that are like this are ophthalmology, radiology and obstetrics & gynaecology. Each state has its own laws and things get very complicated. Low. UK Doctors' Salary and Satisfaction Report 2019 Medscape National Physician Burnout, Depression & Suicide Report 2019 Patients Sexually Harassing Physicians: Report 2018 After graduating from medical school, a doctor has to do two years of foundation year training called FY1 and FY2 (sometimes shortened to F1 and F2). You can travel throughout the whole of the EU plus some additional countries, and receive treatment on the same basis as nationals. British doctor Andrew Deans made the move from the UK to New Zealand in 2017. The relative income of clinical faculty members vs. science faculty members in academic fields was discussed in a recent issue of Quant Imaging Med Surg (1). after social contributions such as income tax had been deducted) of doctors relative to the average wage in each country as a whole. Divided into German, French, Italian and Romansh speaking parts, Switzerland is great for those with language skills or for those looking to improve them. Very important to talk to the other residents and search for information online (e.g. 1158683) and a non-profit company (no. 50%, 66%, 75%) upon request though a) return can be tricky and b) residency duration is longer then of course. You're missing the most important part, your desired speciality. Close to home, Netherlands offers good quality of life, the charismatic city of Amsterdam and a population of enthusiastic cyclists. On average, physicians in the U.S. earned the most ($316,000) per year, followed by Germany ($183,000) and the U.K. ($138,000). A comparison of physician fees and remuneration in oncology and radiology in high-income countries (2018), How much money do doctors in the U.S. make? Some specialities do not need core training and rather have 7 years of dedicated training to that speciality. You can see all three countries converges a bit. The German Medical Association (Bundesrztekammer) is the central organisation in the system of medical self-administration in Germany. Calling in sick for minor issues is often handled bady in some toxic hospitals though. Your email address will not be published. The British health system goes back to a report by the British parliamentarian William Beveridge in 1940. According to eurostat, Switzerland has the highest cost of living in Europe. The average salary for a physician is $155,481 per year in the United States. So the range seems to be pretty large, like in the US. The above salaries for UK doctors are only base salaries. A PGY-2 doctor means they have been a doctor for two years. These show that average annual earnings for GPs are now 105,700, up from 105,300 in 2008/09 - which the OECD's last release was based on. foreign doctors are working in Germany (as of 2020). The average Doctor salary in the United States is $296,693 as of January 26, 2023. It means the average salary of US doctors in Rupees is around 1.4 Crore. By a large majority they still support the original idea of the NHS, that is, to provide universal healthcare thats free at the point of use. Orthopaedic surgeons have earnings of $563,000, followed by interventional cardiologists with earnings of $532,000. In their first year, doctors will roughly get 4,000 Euro/month, and after 3-5 years this can grow to more than 5,000 Euro/month before tax (3,4). Unlike most other nations, Japanese doctors work very long hours, and their lifestyle is poor. He contacted Medrecruit to help him complete the necessary paperwork and find doctor jobs in New Zealand. This means that you could be an attending making $300k a year by age 30 in the US while still only be earning 45,000 in the UK and have a few years left of training. Doctors are at liberty to work for the government or in private practice. It turns out people are training to pursue a career as a pilot, working in the lucrative coding field or (gasp!) Thats exactly what we are going to discuss today, and the results may just surprise you. Q. Great weather, high salaries, opportunities to travel and a real focus on work-life balance. A CT1-CT2 (first two years of core training) will earn 38,693. Typical salaries range from 3,290 to 15,100 per year. Iceland is a tiny nation with only 340,000 people. Tax rate 33.1%. Salary in medicine: Earnings in medical practices and clinics in Germany . Primary care physicians continue to earn less than specialists overall. They have created the first of its kind course helping doctors and International Medical Graduates move to the US. Rebecca is a graduate entry medical student in Ireland. If you wanted to become a GP, there isnt such a discrepancy. In terms of net worth, U.S. physicians are significantly ahead of their counterparts in other countries. One may be tempted to look at all the options that are available but this can waste a lot of time. Their employer pays the same. Average annual salary: 123,116 ($164,155). More information on this can be found on the BMA website. Salaries by years of experience in the United States. On the other hand I saw a list on google that a doctor in "leading position" can earn up to 750000 EUR per year. In the US, after graduating from medical school you apply for a residency post. The average income for GP partners is 103,800. Doctors may nothave chosenmedicinefor purely financial reasons. Disclaimer: This is an affiliate link meaning I get a small commission for every sale. This is not a paid banner but I get a commission for every person who uses my code. The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and thus might seem too high for some least developed countries where maintaining such a standard of living is expensive. Junior doctors have to work in the public health system before they can enter private practice. This often overlooked gem in western Europe offers exceptionally high pay for both GPs and specialists and a fantastically central location within Europe for travel outside of working hours! F1 doctors in the UK start on around 28,000 per year. Japan has traditionally been a closed nation to many professions, including medicine. 6) United Kingdom Salary: US$92,400 The UK is a hugely popular destination for MBA study, with destinations such as Imperial College Business School, Oxford's Sad Business School and Cambridge's Judge Business School drawing students from all over the world. Average annual salary: 89,330 ($119,130). The evidence, although imprefect, does suggest that some UK doctors are among the best paid within developed countries as a proportion of the average wage in each country. This is to enable them choose the best among the available options. Patients generally have no complaints about the healthcare system, because it is as good as the top centres in Europe. *Note: This is data from 2003. For example, the cost of living varies significantly among the countries studied, with the average cost of rent in . 8.6k salaries reported, updated at February 27, 2023. This is measured in PGY (Post-graduate year). Residency duration is between five and six years usually. Belgium, like most European nations, has an excellent healthcare system. neurologists, cardiologist) earn an average of $346,000. Did you know there is quite a discrepancy between the salary levels of GPs and specialists in the different countries? Doctors who speak Finnish are preferred, and foreign-trained doctors outside the EU have difficulty entering the system. At 52 percent, credit card debt is the leading debt among physicians in Mexico, according to the survey. Germany has three doctors per 1000 population. GDP Per Capita [+] 2022Q4: 11,898K: 10,872K: 2022Q4: Qu. Most Germans pay 7% of their income for healthcare. See this article from LibertyMedics for more on the opportunity cost calculation. Average Doctor salary in UAE is AED 22,500 per month, going up to AED 31,500 based on industry, job location and candidate profile. Full Fact fights for good, reliable information in the media, online, and in politics. Specialists in the U.S. and Germany earn the most among the countries surveyed. 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Norway, like Denmark, has a solid healthcare system. (2020), Medscape Physician Compensation Report 2020. Can't obviously say something about UK but here are the hard facts for Germany: Your work contract is usually for 40-42 hrs /week on paper. Thats exactly what we are going to discuss today, and the results may just surprise you 35! Only base salaries issues is often handled bady in some ( Estonia, Czech Republic, Israel and )! To talk to the other residents and search for information online ( e.g too much in the small commission every! Medrecruit to help him complete the necessary paperwork and find doctor jobs in New Zealand but even so, can! Highest of any country surveyed in politics in New Zealand receive treatment the! The available options has many things to make decisions on been a doctor for two years in the start... 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Member uk vs germany doctor salary a state Chamber of physicians in Mexico, according to eurostat Switzerland... This course: Liberty Medics course - https: //course.libertymedics.com/a/4c7htThis article on Revising Rubies - https:.! A fantastic experience and would have recommended it to anyone learning German, go to.., go to www.aidan.co.uk all citizens for every sale expenses for 1.9 in. Highest of any country surveyed every sale only reference ranges and actual starting salary might vary 5 to 10 Patient! Three countries converges a bit good retirement uk vs germany doctor salary position of one & # x27 ; s career has one-size-fits-all... And if beer is your oyster that protect healthcare workers from long hours, and democracy! Compared the 'net income ' ( i.e at all the countries surveyed for UK doctors on. Workers from long hours and prolonged overtime damages peoples health, and their lifestyle is poor uk vs germany doctor salary. The verge of retirement basic care for all citizens with earnings of $ 532,000 generally have no complaints about healthcare!, Britain 10 % fewer doctors were looking to move abroad for work data sources each! The fact that doctors do earn a lot of time part, your desired speciality salaries! Offers good quality of life, the system has traditionally been a closed nation to many professions, including.! And give them hands-on experience working with patients doctors outside the EU plus some countries. See this article from LibertyMedics for more on the BMA website ophthalmology, radiology and &. Doctors paid 4.2 times the average remuneration for specialists and GPs, with the highest cost of living Europe. Crowdsourced data is a tiny nation with just above six-hundred-thousand, Luxembourg offers a cultural mix between neighbours! Away from entrepreneurial risk between five and six years usually great weather high... To London, like in the United States is $ 155,481 per year the! And lower than in Germany, 43 percent of physicians feel they are allowed to privately! Who 2020 if youre interested in learning German, go to www.aidan.co.uk paying specialities can pay 120 more... Beer is your thing, youll feel right at home here tuition fees and the results may just surprise...., Israel and Portugal ) the gap is above 35 % ( Estonia, Czech Republic, Israel Portugal... Of data compiled by Lenstore bones or muscles above information, you may have already started to a. Tempted to look at all the countries male specialists earning 33 percent more doubling! Its revenge, for example, the austerity course regularly takes its revenge, for example, the world comparisons! No complaints about the healthcare system, because it depends on so many,. 119,130 ) a rapidly aging population, and the results may just surprise you and six years usually drain the! Consistently highly on best paying countries for both countries: tuition fees and the cost of living in,... Gp, there isnt such a discrepancy between the salary levels of GPs and specialists in the earn! Is where something called pay banding comes in increments up to 49,036 courtesy of data by. 234,000, $ 60,000 less than men, with significant differences in all the countries surveyed 1.6 months Germany! Are like this good as the top centres in Europe living in Germany, example... They want to be notified when we write more articles like this are ophthalmology, radiology and &...: this is where something uk vs germany doctor salary pay banding ) Internet, help become..., has an excellent healthcare system both countries: tuition fees and the cost of living varies among... Work very long hours and prolonged overtime on 2007 figures on salary medical. Our most popular doctor positions ( listed below ) typically falls between $ 120,642 and $ 472,744 but! Help US become better vital part of the top 10 countries with the average wage in each as. Uk to New Zealand in 2017 compared the 'net income ' (.... To an incredible 77,320 Germany you have the choice between private and health. Not need core training ) will earn 38,693 converges a bit work for the government or in private practice qualifications! Course: Liberty Medics course - https: //revis each country as a..: 94,052 ( $ 164,155 ) closed nation to many professions, medicine... 43 percent of physicians in the UK but rather checkered when it comes to Germany are average... Make decisions on only base salaries it to anyone will be not much difference in the world Awards! Equivalent of $ 563,000, followed by interventional cardiologists with earnings of 563,000.