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Dream - Doctors remain a profession that many elementary school children aspire to when asked about their dreams. Parents also hope to have a doctor as their son-in-law or daughter-in-law. However, the journey to become a doctor is not as easy as it seems. One must go through a long period of education and practical training. However, the struggle pays off with earnings that can exceed other professions. In fact, doctors' salaries in some countries can reach billions of rupiah per year. Here are five countries with the highest doctor salaries in the world.
Based on the Insider Monkey report from ERI Economic Research Institute data, the fifth country that pays the highest salaries to doctors is Iceland with an average salary of US$195,559 or around Rp3.04 billion.
According to Insider Monkey, Iceland is among the countries that lack healthcare services. General practitioners in this country must have an MD degree.
Australia has an average doctor's salary of US$198,338 or approximately Rp3.08 billion. There is high demand for doctors in areas outside major cities.
In addition, international medical graduates who work in priority areas, often in rural or remote locations, benefit from the recognition of skills, lower cost of living, friendly communities, and more job opportunities. Financial incentives are available for those in remote areas through the General Practice Rural Incentive Program.
"Luxembourg has an average doctor's salary of US$250,697 or around Rp3.89 billion. The healthcare sector in Luxembourg is said to be facing a crisis."
Because many doctors, including specialists in various medical fields, will retire in the next 11 years, with 90% of neurologists needing replacements. A 2019 study cited by the Minister of Health predicts that at least two-thirds of doctors in 18 specializations will retire in 2034. This country only has three doctors per 1,000 inhabitants in 2021.
The average salary in the United States reaches US$266,558 or around Rp4.14 billion. America is facing a shortage of geriatric doctors, doctors who specialize in caring for elderly patients.
The demand for geriatric treatment is increasing in line with the increasing proportion of elderly people in the population, with about 25% estimated to be over 65 years old in North America and Europe by 2050. Cardiothoracic Surgery and Radiation Oncology are two medical specializations with the highest salaries in the US, with average salaries of US$512,200 and US$446,250 respectively.
Switzerland is a country with the highest salary for doctors, with an average salary reaching US$268,935 or around Rp4.18 billion.
Like many other countries, Switzerland is facing a severe shortage of doctors, with Swiss medical authorities warning of an impending healthcare crisis due to inadequate doctor training. President of the Swiss Medical Association, Yvonne Gilli, consistently emphasizes the need for increased medical school placements and improved working conditions to attract and retain young doctors.
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