A radiologist is a physician who uses images from x-rays, nuclear medicine, ultrasound, and other methods to diagnose and treat injuries of the bones and tissue. In the US, radiologists earn a median annual salary of about $362,729 compared to the US dollar equivalency in Australia of $385,260 USD, or AU$483,968. Incomes in New Zealand are NZ$407,496 ($302,892 USD) compared to C$351,618 ($279,541 USD) in Canada and £186,085 ($220,836 USD) in the UK. In comparison, radiologists in India and South Africa earn less at Rs2,102,552 ($33,002 USD) and R 2,112,740 ($157,830 USD), respectively.
How Much Does a Radiologist Make per Year?
The chart below provides annual salaries and hourly wages for radiologists in select countries worldwide.
|Radiologist Salary||US||Canada||UK||Australia||New Zealand||India||South Africa|
Factors that Influence the Radiologist Salary
Salaries vary worldwide for radiologists, with influence from geographic region, work experience, and work setting. Additional details on income potential and a career in radiology are provided in the following paragraphs.
1. Geographic Area
Radiologist Salary in US
Radiologists in the US earn between just under $261,000 per year when beginning their careers to nearly $450,000 for senior level professionals. Some employers offer bonus pay, with the average payment at nearly $34,000 in additional income.
Radiologist Salary in Canada
Entry level radiologists earn an average annual starting salary of nearly C$253,000 in Canada, increasing with experience to more than C$436,000 for senior level professionals. Those eligible for bonus incentives can expect an average of nearly C$33,000 in additional pay. In Canada, nearly 30% of radiologists work in an academic health center, and these teaching professionals typically have additional experience.
Radiologist Salary in UK
In the UK, radiologists earn nearly £134,000 per year when beginning their careers. Annual earnings increase with experience to a level of nearly £231,000 for those at the senior level. There are opportunities for bonus that can increase total earnings by more than £17,000.
Radiologist Salary in Australia
The average starting annual salary for entry radiologists in Australia is more than AU$349,000. Annual earnings significantly increase with experience to more than AU$602,000 for those at the top level.
Radiologist Salary in New Zealand
Radiologists in New Zealand earn more than NZ$293,000 per year when beginning their careers. With experience, earning potential increases to nearly NZ$506,000 per year. Overall income can be increased by nearly NZ$38,000 in bonus pay incentives.
Radiologist Salary in India
Entry level radiologists in India earn, on average, nearly Rs1,536,000 per year compared to their senior level colleagues who bring home an average annual salary of nearly Rs2,648,000. An additional Rs195,000 is possible in bonus pay incentives.
Radiologist Salary in South Africa
Radiologists in South Africa earn between R1,533,000 and R2,643,000 per year. There are opportunities to increase overall pay with the potential for another R196,000 in bonus pay.
There is consistent influence from experience in all countries reviewed in this guide. Senior level radiologists earn roughly 72% more per year compared to their entry level colleagues. Those with more experience and additional responsibility may also earn higher bonus amounts with annual earnings at a higher level.
Many radiologists work in hospital settings while some are employed by private practice physician offices, nursing homes, and in research centers. Some of these work settings are within the private sector, which often offers higher pay and greater opportunity for bonus income compared to those within the public sector, such as hospitals and research centers affiliated with educational institutions. Additionally, radiologists with experience in nuclear medicine and neuroradiology, specialties found in hospital settings, may earn higher pay by 19% and 4%, respectively.
Radiologists typically work a full-time schedule, but the hours and days of week may vary based on work setting. Those employed in hospital settings may be subject to work during any day or hour due to emergency diagnosis and treatment offered. Work hours in nursing homes and private practice are often during normal business hours from Monday through Friday.
Bonuses and Benefit Packages
It is common for bonus incentives to be offered to radiologists in all countries reviewed in this guide. As professionals in the medical field, most radiologists also receive a comprehensive healthcare package that includes medical, dental, and vision insurance. Other benefits that may be offered include allowances for training and conferences to maintain license requirements, meals, and hiring bonuses.
The US Bureau of Labor Statistics estimates a growth rate of 14% for physicians, including radiologists, between 2014 and 2024. This growth is due to an aging population and advancements in medicine and technology used to diagnose and treat illness and injury. The growth rate for this profession is much faster than the average for other occupations, indicating future demand for these positions should support salary levels. In New Zealand, radiologists are among the occupations listed with a shortage, meaning trained professionals have good chances of employment.
To practice as a radiologist, a medical degree following the equivalent of a bachelor’s degree is required, as well as additional training and internships. Licensing or registration is necessary with the appropriate governing body in all countries as well as ongoing training to maintain the license validation.
Radiologists earn strong salaries worldwide, and are among some of the highest wage earners. While many years of education and training are required, the return on that educational investment is positive. Bonus pay can significantly increase overall earnings, and a comprehensive benefits package is common. The future job outlook for this career field is expected to offer a growth rate that is much faster than average and should support salary levels in the coming years while providing sufficient employment opportunities for newly trained radiologists.