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How Much Do Doctors in Other Countries Make?

Discussion in 'Doctors Cafe' started by Egyptian Doctor, Nov 5, 2011.

  1. Egyptian Doctor

    Egyptian Doctor  Moderator Verified Doctor

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    In response to Uwe Reinhardt’s recent post on “rationing” doctors’ salaries, a number of readers wrote in asking about physician compensation in other countries.

    Doing a direct comparison of remuneration across different countries is tricky because the same salary may allow for different standards of living in different places.

    But here are two possible ways to think about these comparisons, taken from a 2007 Congressional Research Service report entitled “U.S. Health Care Spending: Comparison with Other OECD Countries.”

    One way to compare cross-country data is to adjust the salaries for purchasing-power parity — that is, adjusting the numbers so that $1,000 of salary buys the same amount of goods and services in every country, providing a general sense of a physician’s standard of living in each nation.

    These numbers are in the second, fourth and sixth columns of the chart below.

    They show that American general practitioners and nurses earn more than their counterparts in other developed countries, and American specialists are close to the top of the pack.

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    Another way is look at how a doctor’s salary compares to the average national income in that doctor’s country — that is, gross domestic product per capita. These numbers are in the third column, fifth and seventh columns of the chart.

    As a country’s wealth rises, so should doctors’ pay. But even accounting for this trend, the United States pays doctors more than its wealth would predict:


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    According to this model, the 2007 report says, “The U.S. position above the trendline indicates that specialists are paid approximately $50,000 more than would be predicted by the high U.S. GDP. General practitioners are paid roughly $30,000 more than the U.S. GDP would predict, and nurses are paid $8,000 more.”

    But it’s important to keep in mind, the report notes, that health care professionals in other O.E.C.D. countries pay much less (if anything) for their medical educations than do their American counterparts. In other words, doctors and nurses in the rest of the industrialized world start their medical careers with much less student loan debt compared to medical graduates in the United States.

    Source : How Much Do Doctors in Other Countries Make? - NYTimes.com
     

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    Last edited: Nov 5, 2011
    Vlajs, rajkumar lakhyani and g12321 like this.

  2. dofus kamas

    dofus kamas Famous Member

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    US is the first.good.
     


  3. Dadpa

    Dadpa Young Member

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    What is PPP and GDP??
     


  4. Sudeep Dey

    Sudeep Dey Active member

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    Please also say about Indian Doctor's income. Specially where Apolo BSR Group Hospital at Bhilai,Chhattisgarh,INDIA used to ask Rupees 20 to 25000 (divide it from the rate of a Dollars which is Rupees 58) per day just to delay the treatment as patients relatives are not allowed to see the patient after admitting in that Hospital. Just for killing people they are making money it is a subject of investigation and research as says by the local common people. Is there any department who can observe this and if it found correct then punish the doctors?
     


  5. Melvin1958

    Melvin1958 Active member

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    The data does not expressly say the actual take home pay of doctors after deducting expenses like taxes, liabilities like house rent, electricity, water, insurance, loans, transportation, food. A doctor may be top rank in his salary but spends all and leaves nothing for savings is relatively poor compared to a doctor with small salary but saves 1 dollar.
     


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