Do doctors earn more in US than UK?

Asked by: Estefania Treutel II  |  Last update: September 16, 2023
Score: 4.4/5 (46 votes)

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). Physicians in Mexico earned the least at $12,000. 2. In terms of net worth, U.S. physicians are significantly ahead of their counterparts in other countries.

Do doctors get paid more in UK or US?

Good news—consumer prices are lower, and living is slightly more affordable than in the States. But at a price: UK MDs get paid less than American MDs. A single person's monthly living costs in the UK are around £2,500. Most physicians make more than that monthly, depending on experience.

Why do doctors earn more in US than UK?

In the US, only doctors who have qualified in the US can practice, limiting competition. In the UK, pretty much anyone who ever qualified anywhere can practice. This leads to a lot of recruitment of doctors from poorer countries which has a limiting effect on doctors salaries.

Is US or UK better for doctors?

I'm guessing you are an American and you might not like to hear the true answer to your question but UK (and most European) Doctors (and especially surgeons) are generally regarded as better than those in the US because they train for longer under a more stringent regime and they specialise later.

Are doctors paid more in the US?

The United States is known for having some of the highest-paid doctors in the world; however, it's also known for having some of the highest healthcare costs in the world.

HOW MUCH MONEY I MAKE AS A JUNIOR DOCTOR UK | HOW MUCH MONEY DO DOCTORS MAKE (MY PAYSLIP)

15 related questions found

Do doctors get paid more in US or Europe?

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).

Are UK doctors paid well?

If you're working as a specialty doctor you'll earn a basic salary of £50,373 to £78,759. If you are a specialist grade doctor you'll earn a basic salary of £80,693 to £91,584.

Do doctors live comfortably in UK?

That doesn't mean relocating to the UK isn't worth it, though. While the cost of energy bills and food shops might be on the rise, doctors still earn a very competitive salary, so if you move to the UK to become an NHS doctor, you can expect to live very comfortably. Also, the NHS offers excellent perks for its staff.

Can a doctor from US work in UK?

Doctors qualifying from outside the UK may be eligible to apply directly for full registration if they hold an acceptable primary medical qualification and have completed a period of postgraduate clinical experience (internship). A doctor will need to provide documentary evidence to support their application.

Why is UK healthcare better than US?

In the UK, a national system of healthcare, paid for by all citizens through taxes, provides a universal safety net. The US has settled for a complicated mix of private insurance and government subsidized programmes, often managed by private companies. The result is not just whether one has or does not have insurance.

Which country pays most to doctors?

Surprisingly, Luxembourg is considered the most lucrative country for doctors around the world. Luxembourg is a small country in Western Europe, its population is around 632000. Luxembourg is among the top 10 countries that offer high quality of life around the world.

Which state in USA pays highest to doctors?

Physicians in Wisconsin earned the highest pay over the last year on average, according to Medscape's 2023 "Physician Compensation Report" published April 14, which surveyed more than 10,000 physicians across 29 specialties.

Why are salaries lower in the UK than US?

In short, UK salaries tend to be lower than the UK due to a number of factors. These include pension benefits, holiday benefits, and, most significantly, healthcare and social welfare. In the UK, we pay higher taxes because a number of things in the UK are subsidised or free, such as healthcare.

Why are doctors paid more in US?

In the United States, the supply of residency slots for each medical specialty is under the control of residency review committees (which are controlled by members of those specialties), and regulatory barriers to entry into medical specialties have long been identified as inflating incomes of practitioners.

Which European country pays doctors the most?

In addition to Luxembourg, there are four other countries where specialists were paid more than €150,000 in 2020. They are Ireland (€172,882), the Netherlands (€160,869), Denmark (€156,061), and Iceland (€155,276). Germany (€146,200) and the UK (€136,375) followed closely.

What is a doctor's salary UK?

→How much do general practitioners (GPs) earn in the UK? General practitioners (GPs) in the UK can earn an average salary of £70,000 to £100,000 per year, with some earning up to £200,000 depending on their level of experience and location.

Can you practice medicine in UK with US license?

Many physicians trained in the USA can now register to work in the UK using their USMLE licensure. Whilst it is not a qualification, the GMC now accepts the United States Medical Licensing Exam (USMLE) as evidence of the appropriate skills and knowledge required to be granted registration with a license to practice.

How many years does it take to become a doctor in England?

The shortest possible time to become a fully qualified doctor in the UK is nine years. In nine years you'll do four years at medical school, two years as a foundation year doctor and then three years in GP training. These four-year medicine courses are however only open to graduates.

Are doctors in the UK happy?

As with any job, there are downsides to working as a physician but a study of 11,516 UK-trained doctors revealed that the majority of them rated their work as highly enjoyable (scores 8–10) five years after graduation. People who are least satisfied with their work are normally the most vocal about it.

Are doctors middle class UK?

Middle class

Typical jobs include: accountants, architects, solicitors, surveyors, social workers, teachers, managers, specialist IT workers, engineers, doctors, nurses and civil servants.

How much do doctors make in usa?

However, the average doctor's salary in USA is $294,000 per year. The average annual salary of US doctors in 2023 is expected to be higher globally. Doctors in the USA have great earning potential, but various factors affect their compensation.

What is a doctors biggest wage UK?

Here are some of the highest paying medical roles:
  1. Medical director. National average salary: £103,637 per year. ...
  2. Neurosurgeon. National average salary: £94,434 per year. ...
  3. Anaesthetist. National average salary: £93,923 per year. ...
  4. Plastic surgeon. ...
  5. Psychiatrist. ...
  6. Cardiologist. ...
  7. Director of nursing. ...
  8. Clinical director.

Do surgeons get paid more than doctors UK?

As far as different types of doctors go, surgeons have a bit of a reputation for being some of the highest earners in medicine. So, for a doctor working in the UK, how much could they expect to make as a surgeon? A surgeon working in the UK could expect to earn anywhere from £40,000-£120,000+.