Do doctors make a lot of money in South Africa?

Asked by: Adell Bradtke  |  Last update: November 28, 2023
Score: 4.2/5 (17 votes)

The average medical doctor salary in South Africa is R 720 006 per year or R 369 per hour. Entry-level positions start at R 450 000 per year, while most experienced workers make up to R 3 985 227 per year.

Which doctor earns a lot of money in South Africa?

Having said that, the number 1 highest-paying specialist doctor is a neurosurgeon. Studying to be a neurosurgeon in South Africa is quite a rigorous, extensive process—not to mention stressful—which is why these specialist doctors are paid up to an average of R3. 3 million Rand a year.

In which country do doctors get paid the most?

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.

What is highest-paying job in South Africa?

The highest-paying jobs in SA in 2023
  1. Chief executive officer - R1,189,902 pa.
  2. Petroleum engineer - R1,129,021 pa. ...
  3. Medical doctor - R720,003 pa. ...
  4. Actuarial scientist - R706,602 pa. ...
  5. Judge - R622,474 pa. ...
  6. Plant manager - R563,488 pa. ...
  7. Investment banker - R562,501 pa. ...
  8. Financial manager - R543,927 pa. ...

Which country pays doctors the most in Africa?

Ghana Named Among The Top 10 African Countries Where Doctors Receive High Salaries
  • South Africa – $3,400.
  • Morocco – $3,300.
  • Botswana, Kenya – $3,000.
  • Namibia – $2,700.
  • Seychelles – $2,600.
  • Libya – $2,100.
  • Ghana – $1,600.
  • Tanzania, Uganda – $1,300″

5 facts about South African Doctors|Dr Ann

21 related questions found

Which European country pays doctors 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 the salary of an entry-level doctor in South Africa?

Find out what the average Medical Doctor salary is

The average medical doctor salary in South Africa is R 720 006 per year or R 369 per hour. Entry-level positions start at R 450 000 per year, while most experienced workers make up to R 3 985 227 per year.

What are the top 5 jobs in South Africa?

Jobs & Careers in demand in South Africa
  1. Software Engineer. These professionals are responsible for designing and implementing software solutions. ...
  2. Network Administrator. ...
  3. Data Scientist. ...
  4. Health and Safety Manager. ...
  5. Accountants. ...
  6. Agricultural Engineer. ...
  7. Lawyer. ...
  8. Business Consultant.

What career is in demand in South Africa?

South Africa has a growing economy with numerous job opportunities across various sectors. However, some careers have a higher demand in the job market than others. The careers with the most job opportunities in South Africa include information technology, healthcare, finance, engineering, and education.

Who is the highest paid GP in Ireland?

The total includes payments for patients and practice support payments. There were 24 practices which were paid more than €900,000 under the scheme, with 11 getting at least €1 million. The highest earner was Dr Salgaonkar Vivek Mahadev who has a surgery in Mountmellick, Co Laois, who was paid more than €1.3 million.

How much do doctors get paid in Ireland?

Doctor Salary in Ireland

The average salary for a Doctor is €134,131 gross per year (€11,180 gross per month), which is 203% higher than the national average salary in Ireland. Doctor Salary Range: a Doctor can expect an average starting basic salary of €30,689 (excluding overtime).

Who is lowest paid doctor?

In their 2021 survey, Doximity found that neurosurgeons make the most money of any specialty, and pediatric infectious disease doctors make the least. Of the doctors surveyed, neurosurgeons outearned pediatric infectious disease doctors by an average of more than $500,000 last year.

Are doctors in demand in South Africa?

09 May 2022 in News

South Africa has a critical shortage of doctors, with less than one doctor to treat 1 000 patients. In an answer to a parliamentary question from the DA, the Minister for Health, Dr Joe Phaahla, revealed that the country's doctor to patient ratio is 1:3 198 – 0.31 doctors per 1 000 patients.

Do dentists earn more than doctors in South Africa?

The reality is that most dentists in South Africa, despite spending at least five years learning the basics of the discipline, earn less than other medical professionals and far less than their international counterparts.

How much are doctors paid in South Africa per month?

The estimated total pay for a Medical Doctor is ZAR 99,137 per month in the South Africa area, with an average salary of ZAR 57,896 per month. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

How much do you need to live comfortably in South Africa?

Numbeo estimates that a family of four would need R30,775 per month, excluding rent, while a single person would need around R8,875. Below is a breakdown of how much it costs to live in the largest South African cities compared to other major cities around the world.

How big is the middle-class in South Africa?

The group's latest data points to Middle-Class Workers – a segment of 4.1 million adults earning typically between R8,000 and R30,000 per month – feeling the most financial strain. For middle-class workers in South Africa, the average instalment-to-income ratio has increased by nearly 9% over the past year.

Is R50 000 a good salary in South Africa?

A breakdown of the respondents' pay package showed that 45% earn from R50 000 to R75 000; 24% earn from R75 001 to R100 000, while 31% earn more than R100 000. Asanda Thondlana wrote to Fin24 saying that gross income of R50 000 constitutes as wealthy, considering the average pay in the country.

What is the most stressful job in South Africa?

According to a new survey, the three most stressful occupations are not in corporations but pilots, hair stylists and farmers. Almost 2 000 respondents living and working in South Africa participated in a survey on Health24, which aimed to measure job-related stress based on several stress triggers.

What jobs earn a million a year?

The jobs of millionaires
  • Investment banker.
  • Certified public accountant.
  • Entrepreneur.
  • Day trader.
  • Real estate agent.
  • Engineer.
  • Lawyer.
  • Actuary.

How much does a surgeon make in South Africa?

The average surgeon salary in South Africa is R 270 000 per year or R 138 per hour. Entry-level positions start at R 228 000 per year, while most experienced workers make up to R 6 157 200 per year.

How much does a family medicine doctor earn in South Africa?

Salary Recap

The average pay for a Family Physician is ZAR 1,733,755 a year and ZAR 834 an hour in South Africa. The average salary range for a Family Physician is between ZAR 1,149,480 and ZAR 2,208,804. On average, a Doctorate Degree is the highest level of education for a Family Physician.

How much do medical residents make in South Africa?

The average resident salary in South Africa is R 720 000 per year or R 369 per hour.