10 Highest Paying Countries for Psychologists: Top Companies & Avg Salary

The highest-paying countries for psychologists are the USA, Denmark, Switzerland, Canada, Ireland, Australia, Germany, the UK, the UAE and the Netherlands.

These countries offer attractive salaries and job opportunities across diverse sectors, including healthcare, education, and private practice. Psychologists planning to pursue careers in these countries can expect growth, as there has been a consistent demand for mental health services supported by robust healthcare systems. 

Here is a blog that provides insights on psychology jobs abroad, specifically in these countries. It discusses various aspects such as the top companies and cities for psychologists, the cost of living and average salaries for a fresher and experienced professional.

Do you know?

• According to the U.S. Bureau of Labor Statistics, employment for psychologists is expected to grow 6% from 2022-2032, faster than the average for all other occupations[1]. 
• According to the 2022 Swiss Health Survey from the Federal Statistical Office (FSO), the highest demand for treatment of psychological problems is seen among individuals aged 15-24.[2].
• In Canada, 18,800 job openings for psychologists are expected from 2022 to 2031, . This demand is expected to be fulfilled by 18,400 job seekers, implying high career prospects[3].  

Overview: 10 highest paying countries for psychologists

Notes: 

• The cost of living includes average transportation costs and basic amenities like food and grocery bills, excluding rent.

Source:

• The average annual salary range for all countries except Denmark: https://www.payscale.com/research/US/Job=Psychologist/Salary

• The average annual salary range for Denmark: https://www.erieri.com/salary/job/psychologist/denmark

• Cost of Living: https://www.numbeo.com/cost-of-living/

10 Highest Paying Countries for Psychologists

1. USA – Avg Salary (USD 89,056)

The United States is one of the highest-paying countries for psychologists. Psychologists in the USA work in diverse environments, such as hospitals, community health centres, prisons, schools and universities, and corporate offices. 

The variety of daily tasks and flexible schedules are impressive, and the use of new technologies adds excitement to the dynamic work environment.

The average psychologist’s salary based on experience is as follows:

• Entry-level – An entry-level psychologist with less than 1 year of experience can earn USD 73,678 yearly.
• Experienced Professional – An experienced psychologist with 5 to 9 years of experience can earn USD 92,634 yearly.

Also read: How to get a job in the USA.

2. Denmark – Avg Salary (DKK 5,65,821)

Denmark has a well-established healthcare system for highly trained psychologists. Psychologists specialise in clinical, child, organisational, occupational, forensic and research. 

To become an authorised psychologist in Denmark, aspirants must meet educational qualifications and undergo training and supervision to obtain a licence. The average psychologist’s salary based on experience is as follows:

• Entry-level – Psychologists earn approximately DKK 4,00,000 per year.
• Experienced Professional – Experienced psychologists can earn approximately DKK 6,80,000 per year.

Also, read the Danish Psychological Society.

3. Switzerland – Avg Salary (CHF 60,000)

Switzerland is one of the best countries for psychologists. It has some of the top companies offering a wide array of services. Psychologists specialising in clinical, developmental, cognitive, forensic, and social psychology will have great scope for career development.

Aspiring psychologists can work in hospitals to provide holistic care, retirement homes to support the elderly, rehabilitation centres to address emotional well-being or private practice. 

The average psychologist’s salary based on experience is as follows:

• Entry-level -With 1 to 4 years of experience psychologists can earn CHF 78,886 yearly.
• Experienced Professional – Experienced psychologists with 10+ years of experience can earn CHF 90,000 yearly.

4. Canada – Avg Salary (CAD 75,989)

Canada is a popular destination for psychology jobs overseas as it offers a high standard of living, a welcoming culture, and great opportunities to explore different sectors in the domain. Immigrating to Canada for a career in psychology requires long-term planning, including eligibility, credentials, and necessary licences. Start preparing much earlier than anticipated.

The average psychologist’s salary based on experience is as follows:

• Entry-level – At entry level, a psychologist in Canada with less than 1 year of experience can earn CAD 62,641 per year.
• Experienced Professional – A psychologist with 10+ years of experience can earn CAD 1,04,340. 

Also Read: 5 Steps to Get a Job in Canada.

5. Ireland – Avg Salary (EUR 50,143)

Ireland has become a promising destination for jobs for psychologists due to increased mental health awareness, commitment to reforms, and enhanced healthcare services.

This surge is evident through the availability of job opportunities in diverse platforms, including clinical settings, academics, private practice, and research. Ireland’s healthcare system is well-recognised for its quality, accessibility, and supportive professional network, making it a sought-after destination for healthcare professionals globally.

The average psychologist’s salary based on experience is as follows:

• Entry-level – Psychologists with 1 to 4 years of experience can earn EUR 49,132 yearly.
• Experienced Professional – Experienced professionals with 10+ years of experience can earn EUR 91,000 yearly. 

6. Australia – Avg Salary (AUD 79,802)

Australia is a rewarding and popular destination for international job opportunities for psychologists. With the increasing demand for mental health services, clinical psychology is considered one of the most demanded specialisations in Australia.  

Psychology graduates can also seek opportunities in other fields, such as clinical trial coordination, market research, social work and child protection. 

The average psychologist’s salary based on experience is as follows:

• Entry-level – Psychologists with less than 1 year of experience can earn AUD 73,721 annually.
• Experienced Professional – Experienced psychologists with 10+ years of experience can earn AUD 1,01,322 annually. 

Also read: How to get a job in Australia.

7. Germany – Avg Salary (EUR 48,619)

Germany is a great destination for psychologists to start their careers. It is home to diverse companies offering services ranging from therapy and counselling to research and education. 

In Germany, psychologists can develop their careers in research companies, mental health clinics, and consulting and training institutes.

The average psychologist’s salary based on experience is as follows:

• Entry-level – Psychologists with 1 to 4 years of experience can earn EUR 47,654 annually.
• Experienced Professional – Experienced professionals with 5 to 9 years of experience can earn EUR 40,000 annually.

Also read: How to get a job in Germany.

8. UK – Avg Salary (36,576)

In the UK, psychology is a regulated profession, and the British Psychological Society (BPS) regulates the entry of aspiring psychologists into the profession. They have established a standardised procedure for the work and training of psychologists.

Aspiring psychologists must meet the BPS requirements to be eligible for Graduate Basis for Registration (GBR) to work as a Chartered Psychologist. In most cases, psychologists will meet the requirements. However, they might need additional training to match the standards. For those seeking highly paid jobs abroad, the UK is an option.

The average psychologist’s salary based on experience is as follows:

• Entry-level – Psychologists with less than 1 year of experience in the UK can earn EUR 29,226 yearly.
• Experienced Professional – Experienced psychologists with 10+ years of experience in the UK can earn EUR 49,735 yearly.   

Also Read: How to get a job in the UK?

9. UAE – Avg Salary (AED 1,50,000)

Psychologists are seeing immense job opportunities in the UAE due to the growing demand for mental health services and counselling support. It is aided by the country’s drive to create awareness about mental health and tackle related issues. 

With the increase in demand for mental health support, the role of counselling psychologists is attracting more importance and competitive salaries. Additionally, psychologists in healthcare and social assistance tend to earn higher salaries than those in government positions.

The average psychologist’s salary based on experience is as follows:

• Entry-level – Psychologists with less than 1 year of experience in the UAE can earn AED 20,000 per year.
• Experienced Professional – Experienced psychologists with 10+ years of experience in the UAE can earn AED 3,00,000 annually.

10. The Netherlands – Avg Salary

Well-qualified psychologists are increasing in demand in the Netherlands. Pursuing a postgraduate degree in psychology is necessary to secure a career in the Netherlands. 

Renowned universities like the University of Amsterdam, the University of Groningen, and Utrecht University offer global bachelor’s and master’s degree programs in psychology.

The average psychologist’s salary based on experience is as follows:

• Entry-level – Psychologists with less than 1 year of experience in the Netherlands can earn EUR 26,036 annually.
• Experienced Professional – Experienced psychologists with 1 to 4 years of experience in the Netherlands can earn EUR 34,598 annually.

Psychologist salary abroad: Country-wise salary of Psychologists around the world

Note: The above table depicts the average salaries for psychologists in the top 10 countries. All the currencies have been converted to USD (for creating graphs). 

• The average annual salary for all countries except Denmark: https://www.payscale.com/research/US/Job=Psychologist/Salary

• The average annual salary for Denmark: https://www.erieri.com/salary/job/psychologist/denmark

Conversion as of 7th June 2024 at 15:55 HRS IST.

C

urrency conversion source: 

https://www.forbes.com/advisor/in/money-transfer/currency-conversion-calculator/

Other emerging countries for psychologists

Apart from the countries we have discussed, a few other countries are also experiencing a high demand for psychologists and offering attractive salaries. Some of the upcoming emerging countries are:

• France
• Austria
• Italy
• Norway
• Finland
• New Zealand

Different types of psychologists jobs

Note: The above table illustrates the national average salary for the United States of America.

Source: https://www.indeed.com/career-advice/finding-a-job/highest-paying-jobs-in-psychology

Finding psychologists jobs abroad: Do’s and Don’ts

Do’s

• Investigate how to get psychologist jobs in foreign countries, specifically, the requirements concerning the educational qualifications and certifications. Ensure that qualifications from your home country are accepted in the destination country of your choice.
• Research the demand for jobs for psychologists and the career growth prospects to pursue a long-term career.
• Pay strict attention to the work visa and permits to ensure you abide by the regulations. Also, apply early to avoid delays that could impact your interview or joining procedures.
• Make sure you are well-proficient in the local language, as psychologists need to establish strong communication skills to connect with the patients.
• Network with professionals across the globe to discuss career prospects and lifestyles on multiple platforms, such as social media groups and professional forums, to make well-informed decisions.

Don’ts

• Don’t overlook the cost of living in a specific country. A higher salary may be appealing, but it should be enough to support a comfortable lifestyle and align with your financial plans.
• Don’t ignore the country’s legal and ethical standards, as neglecting them can cause discrepancies and result in work permit cancellations.

Before you go

Pursuing a career in one of the highest-paying countries for psychologists can be rewarding financially and professionally. These countries offer diverse career paths to develop and specialise in fields, such as clinical psychology, forensic psychology, or school psychology.

Psychologists’ jobs in foreign countries for freshers and experienced individuals are equally rewarding. However, it is important to review each country’s requirements specific to qualifications and licences to ensure compliance with the legal regulations and standards.

Additionally, upon choosing a country to settle in, psychologists will encounter planning in different aspects for a comfortable long-term life. One of the most important requirements will be a reliable and convenient money transfer platform such as Instarem. 

For example, if you secure a job in the US, you may need to send money from the US to your loved ones back home using a simple yet trustworthy platform. Instarem focuses on offering a swift*, affordable@, and simple money transfer platform that is also secure. 

Moreover, Instarem offers InstaPoints for each money transfer,  which benefits as a discount for the forthcoming transfers. 

FAQs

Q. Which is the best country for psychologists?

The United States of America (Avg Salary – USD 89,056) is one of the best countries for psychologists as it offers diverse job opportunities with higher pay. Denmark (average salary – 5,65,821), Switzerland (average salary – CHF 60,000) and Canada (CAD 75,989) are a few other highest-paying countries for psychologists. 

Q. What is the best-paid area of psychology?

Psychiatric positions (average salary – USD 259,274) are high in demand and by far the highest-paying profile for psychologists. 

Q. Which country has more scope for psychology jobs?

Psychologists are highly sought after in various sectors like healthcare and education in countries such as the USA, Switzerland, Canada, Ireland, the UK, and Australia. Therefore, there is a high scope for psychology jobs and earning potential. 

Q. Is psychology a good career for money?

A career in psychology offers lucrative opportunities, as the demand for mental health services is rising globally. This field is gaining prominence, especially among the younger generation, due to lifestyle changes and increased stress.

Q. Which psychologist is highest paid?

Psychiatrists (Avg Salary – USD 259,274), Clinical psychologists (Avg Salary – USD 212,639) and Industrial and Organisational Psychologists (Avg Salary – USD 154,380) are highly paid and in demand. This is due to their specialised skills and critical role in mental health care, behaviour analysis, and organisational efficiency.

Q. What is the psychology salary abroad per month?

Psychologists’ salaries vary by country. For instance, in the USA, they can earn USD 7,421.33, while in Canada, they can earn CAD 6,332.41.

Q. Which is the best country for psychologist jobs for Indians?

The best country for Indians to pursue a career in psychology differs based on individual preferences. Some of the highest-paying countries for psychologists are The United States of America (average salary – USD 89,056), Denmark (average salary – 5,65,821), Switzerland (average salary – CHF 60,000) and Canada (CAD 75,989).

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Disclaimers:

This article is intended for informational purposes only. All details are accurate at the time of publishing. Instarem has no affiliation or relationship with the products or vendors mentioned.

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Note: Salary and cost of living are taken from different websites between 6th June 2024 and 9th June 2024 and are subject to change.

Citations:

• [1]https://www.bls.gov/ooh/life-physical-and-social-science/psychologists.htm
• [2]https://www.bfs.admin.ch/bfs/en/home/news/whats-new.assetdetail.30546371.html
• [3]https://www.jobbank.gc.ca/marketreport/outlook-occupation/2218/ca;jsessionid=9BE1D4804A8EC4A5158714E222F0CA6F.jobsearch74