SALARY GUIDE

Earn a Rewarding Income as a Psychiatrist

Discover salary ranges, growth trends, and factors that shape earnings in psychiatry worldwide.

Salary Overview

Compare salaries across experience levels and countries

Entry Level
$180,000
0‑2 years experience
Mid‑Career
$260,000
5‑10 years experience
Senior
$350,000
15+ years experience
Top 10%
$500,000
High performers
Average Salary by Country
United States$260,000
CanadaCAD 250,000
United Kingdom£110,000
AustraliaAU$300,000
Germany€150,000
India₹2,500,000

40‑Year Career Salary Projection

See how your earning potential grows throughout your career

0y10y20y30y40y$200k$220k$240k$260k$280k$300k$320k$340k$360kYears of Experience

Top Paying Industries

Compare average salaries across sectors

Salary by Industry
Private Practice$300,000
Hospital Employment$250,000
Academic Medicine$230,000
Government/Public Health$210,000
Telemedicine$220,000

Salary by Specialization

Explore earning potential in different areas

Child and Adolescent Psychiatry
$320,000
Average annual salary
Forensic Psychiatry
$340,000
Average annual salary
Geriatric Psychiatry
$310,000
Average annual salary
Addiction Psychiatry
$330,000
Average annual salary
Consultation‑Liaison Psychiatry
$300,000
Average annual salary
Key Factors Affecting Salary
  • Geographic location
  • Years of experience
  • Subspecialty focus
  • Practice setting (private vs. employed)
  • Patient volume and case complexity
  • Board certification and fellowships

Certification Impact

Boost your earning potential with professional certifications

Board Certification in Psychiatry
+$20,000
Salary increase potential
Fellowship in Child Psychiatry
+$15,000
Salary increase potential
Telepsychiatry Certification
+$10,000
Salary increase potential

Global Market Insights

Understand the worldwide salary landscape

Highest Paying
United States
Fastest Growing
India
Most Stable
United Kingdom
Job Market Outlook

Psychiatry remains a high‑demand field with a projected 13% employment growth over the next decade, driven by rising awareness of mental health, expanding telehealth services, and increasing need for specialized care across all age groups.

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