Doctors are the highest-paid healthcare professionals, and their salaries reflect their skill level and experience.
The average annual salary for a doctor is $200,000, but that figure can vary widely depending on factors like location, specialty and years of experience.
While the median salary for doctors is $180,000, some doctors earn more than $300,000 per year.
The average annual salary for doctors is $187,000. This number is based on a survey of more than 5,000 physicians who work in the United States. The average annual salary for physicians has been increasing since 2010 and was $177,000 in 2013.
In addition to their salary, doctors are entitled to many benefits such as paid time off and health insurance coverage.
Average Annual Salary For Doctors
The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses “purchasing power parity” (PPP). This is not to be confused with the average income which is a measure of total income including wage, investment benefit, and other capital gains divided by total number of people in the population including non-working residents. Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612.[1]
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OECD statistics
The OECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
Average wages are converted in US dollar nominal using 2013 US dollar nominal for private consumption and are deflated by a price deflator for private final consumption expenditures in 2013 prices. The OECD is a weighted average based on dependent employment weights in 2013 for the countries shown.[2]
However, the amount of wage theft in each country due to different labor rights is not included in these statistics.[3]
- * indicates “Economy of COUNTRY or TERRITORY” links.Development of average annual wages 2000–2020 (US$ PPP)[4]Country2000200520102011201220132014201520162017201820192020 United States *55,36658,09261,04861,13261,63461,34762,26363,84563,94264,61865,30366,38369,392 Iceland *53,81061,18751,23453,45253,13753,96654,73658,37762,94969,05172,46670,39167,488 Luxembourg *57,10059,50563,91762,95562,45163,05865,37966,24766,39367,39367,44866,84065,854 Switzerland *56,52961,06363,27763,53364,58265,43165,54865,91065,45365,15164,96365,90664,824 Netherlands *52,37154,56557,95957,60157,83558,03557,72958,40358,60458,17157,58157,47558,828 Denmark *46,36050,87954,92854,64454,57054,92555,97656,96057,04357,35557,79457,96758,430 Norway *38,64744,43850,58642,34753,77754,85355,12155,40454,22454,11754,69155,75355,780 Canada *44,10845,82450,02450,51251,28951,92452,55752,96852,01952,76553,73054,11955,342 Australia *45,20148,61551,95753,60153,91953,67254,08553,63653,72453,43753,51554,02155,206 Belgium *51,92252,96953,96954,52054,95155,50355,80955,42755,52655,13055,38856,02254,237 Germany *45,58446,55347,05448,02648,68349,15950,00151,17251,90252,45453,22154,04153,745 Austria *47,86049,76452,33451,75552,07152,12852,31052,68653,17053,13653,32553,69053,132 Ireland *36,88642,60349,66549,13848,66547,43747,14247,13447,81248,37648,58649,50949,474 United Kingdom *40,20745,36946,86346,03645,45546,03646,15646,64747,18147,14647,22947,93747,147 Sweden *34,38937,65041,53442,16143,08043,55244,06644,71945,42345,68145,91746,41847,020 Finland *38,96942,35745,21145,23345,28044,83644,83745,19445,58845,33945,77146,24946,230 France *38,78241,56244,32544,25644,55244,92745,23745,68046,21446,85246,86747,11245,581 New Zealand *32,99237,37240,27940,28141,14740,63740,79441,50342,86243,14844,12145,09245,269 South Korea *29,23834,24236,14036,61736,08237,00637,10538,14339,26640,21641,62442,29741,960 Slovenia *28,64033,23336,97636,85735,73035,19335,87936,63638,04938,70639,03840,53341,445 Israel *36,27633,77433,45533,75434,30034,55634,63635,62736,92137,90338,81139,53739,322 Japan *38,36538,87938,08538,70038,05838,10337,43837,26537,81037,97238,46239,04138,515 Spain *38,34937,82541,48640,74339,60639,60839,48440,07239,84539,32639,03339,05537,922 Italy *39,17540,35041,19440,53439,25539,37839,53139,87840,19339,93439,98540,14537,769 Poland *21,13121,99624,68824,65824,40624,67125,19825,85427,14528,29430,21231,95932,527 Lithuania *11,92718,26119,74220,17720,51721,32122,26823,71524,98226,38227,57229,69531,811 Estonia *12,74417,66121,99121,48321,80822,32723,52824,63324,93226,41727,92029,94830,720 Czech Republic *17,00121,98124,30924,50824,55824,40424,92125,66026,57527,93129,42130,35529,885 Latvia *11,75915,91319,38518,69819,47220,44421,89923,74225,15426,12827,10728,64529,876 Portugal *28,22928,14828,79228,09626,89027,40626,93526,85526,69926,82027,26327,97828,410
