Physician compensation in the US vs. 10 other countries

Physicians practicing in the U.S. earn considerably more than their counterparts in Europe, South and Central America, according to Medscape's 2023 "International Physician Compensation Report," published Oct. 11. 

The U.S. has fewer physicians per capita than other developed countries, which could contribute to their higher wages, according to the report. The length and cost of medical education in the U.S. and Canada is also much higher than in other countries, where physicians can begin practicing after a five- or six-year undergraduate education track. 

Average physician compensation in the U.S. and 10 additional countries: 

U.S.: $352,000 

Canada: $273,000 

Germany: $160,000 

United Kingdom: $122,000 

France: $93,000 

Italy: $64,000

Spain: $60,000 

Brazil: $48,000

Portugal: $44,000

Argentina: $21,000

Mexico: $19,000



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