Psychiatrist
Very High DemandHealthcareGlobal median: $220,000/year · Growth: +12% per year
Global Salary Range
Highest Paying Countries for Psychiatrist
Switzerland
Norway
United States
Denmark
Netherlands
Australia
Ireland
Singapore
Sweden
Belgium
Qatar
Germany
Austria
Canada
Finland
* Estimated based on country mean salary ratios
Psychiatrist Salary Across All Regions
North America
Best: 🇺🇸 United States — $260,000
$234,000
regional avg
Europe
Best: 🇨🇭 Switzerland — $380,000
$123,838
regional avg
Asia Pacific
Best: 🇭🇰 Hong Kong — $180,000
$115,000
regional avg
Middle East
Best: 🇶🇦 Qatar — $220,000
$101,600
regional avg
Latin America
Best: 🇲🇽 Mexico — $64,000
$38,545
regional avg
Africa
Best: 🇿🇦 South Africa — $44,000
$16,847
regional avg
About Psychiatrist Salaries
A Psychiatrist earns a global median salary of $220,000 per year. The top 10% of earners in this field make $500,000 or more, while entry-level positions start around $90,000.
Demand for Psychiatrist roles is classified as Very High, with projected annual growth of +12%. This career falls under the Healthcare sector.
Salaries vary significantly by country and region. Switzerland, the United States, and Norway typically offer the highest compensation globally, while developing economies offer lower nominal salaries but often with lower costs of living (higher PPP-adjusted value).
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