Cardiologist Salary Guide and Career Outlook

A cardiologist career is an excellent choice for people who like healthcare and have a strong passion for science. They get paid well regardless of the country. In Canada, the median cardiologist salary is C$149,019 ($110,774) and in Australia it is AU$110,000 ($83,082). These professionals get paid Rs 1,433,311 ($21,657) in India and $233,561 in the United States.

This cardiologist salary guide will cover how much they make in different countries. It will take into consideration factors that typically impact pay such as experience, industry, and gender. You will learn about their work environment, job outlook, and benefits of cardiologists.

How Much Does a Cardiologist Make per Year by Country?

Cardiologist Salary US Canada UK Australia New Zealand India South Africa
Hourly Pay $50.87 C$71.64* ($53.25) E33.06* ($35.23) AU$52.88* ($39.94) NZ$96.15* ($66.51) Rs 689.09 * ($10.41) R228.16* ($17.36)
Annual Pay $233,561 C$149,019 ($110,774) E68,784 ($73,292) AU$110,000 ($83,082) NZ$200,000 ($138,339) Rs 1,433,311 ($21,657) R474,574 ($36,118)

*These figures are estimated based on the other pay information given. This assumes a 40 hour work week.

what is the cardiologist salary

Cardiologist Salary Influencing Factors

The data used in this cardiologist salary guide comes from Payscale with the exception of New Zealand. Due to the nature of their job, most of them do not receive an hourly pay. Therefore, all of the hourly pay rates listed will be estimates based on a 40-hour work week with the exception of the United States.

1. Location

How Much Does a Cardiologist Make in the US?

Cardiologists in the United States earn a range from $74,583 to $437,857 and a bonus up to $69,766. However, very few cardiologists report an hourly pay (19) and their pay ranges from $15.00 to $122.61. In total, they earn $69,415 to $430,255 dollars.

How Much Does a Cardiologist Make in Canada?

The cardiologist salary in Canada is C$55,624 to C$352,347. There are no additional sources of income from bonuses or profit shares reported. The estimated cardiologist salary per hour is C$26.74 to C$169.39. Therefore, the total reported pay is slightly higher than the base pay at C$56,766 to C$353,549.

How Much Does a Cardiologist Make in the UK?

A pay range of E37,083 to E118,359 is for cardiologists in the United Kingdom. An additional E12,000 comes with the pay. From an hourly perspective, they earn E17.82 to E56.98. The full salary is E37,223 to E146,807.

How Much Does a Cardiologist Make in Australia?

The 10th percentile of earners in Australia can expect a pay of AU$60,200 annually and AU$28.94 hourly while the 90th percentile of earners make AU$360,257 annually and AU$173.19 hourly. There are no additional sources of income report. Their per annum amount is AU$58,958 to AU$350,000.

How Much Does a Cardiologist Make in New Zealand?

Cardiologists in New Zealand will make anywhere from NZ$151,000 to NZ$600,000. This equals NZ$72.59 to NZ$288.46 an hour. This data comes from the New Zealand government website. Thus, the initial base pay is assumed to factor in potential sources of income such as bonuses. The final pay is NZ$151,000 to NZ$600,000.

How Much Does a Cardiologist Make in India?

The cardiologist salary in India is converted to be RS 179.69 to Rs 2,948.16 an hour. Annually, they earn Rs 373,769 to Rs 6,132,192. A marginal bonus of Rs 30,000 adds to their full pay. Thus, their comprehensive salary is Rs 381,339 to Rs 6,158,844.

How Much Does a Cardiologist Make in South Africa?

In South Africa, cardiologists can expect to earn R102,129 to R1,761,685. A hefty bonus of Rs 405,000 can increase their income potential. An hourly rate is R49.10 to R846.96. The total salary is identical to the base salary at R102,129 to R1,761,685.

2. Experience

Experience has a significant impact on pay for cardiologists. When doctors first start practicing, they are residents. This necessitates a lower salary than they have when they become practicing physicians capable of supervising residents. In fact, going through the process of how to become a cardiologist is grueling and difficult. That shows in their salary.

In Australia, cardiologists with more than 10 years of experience see a median income 50 percent above the median. In addition, experienced cardiologists in Canada have a salary 68 percent higher than the median. However, in the United Kingdom, pay increases quickly between mid-career and experienced cardiologists and then plateaus. In the United States, there is an 18 percent difference between entry-level and experienced cardiologists.

The highest number of cardiologists entering data into Payscale had 1 to 4 years of experience in Australia, Canada, India. South Africa, and the United States. In the United Kingdom, the most common group was those with 5 to 9 years of experience.

3. Industry

All cardiologists will work in the healthcare field. There are differences in the type of cardiology practiced. The industry has invasive and noninvasive cardiologists. These distinctions are just as they sound. Noninvasive cardiologists practice without operating and focus on lifestyle modifications and medicine to treat various heart conditions. Invasive cardiologists practice cardiology, but are also able to perform surgery.

One of the biggest differences in healthcare in various countries is the type of coverage that people have. In many countries, there is private and public health insurance. The proportion of this who have these types of coverage depends on government policies. In New Zealand, there are private insurers and then those who get their insurance through the government. However, the largest private provider of insurance is the Southern Course Health Society. There are partnerships between cardiology groups and private insurers that enable preapproval of procedures and minimal effort needed by the patient to work with their health insurer.

Schedule & Working Hours

Cardiologists work full-time. They could work in an outpatient or private practice or a hospital. Those who work in outpatient or private practice will have more set hours and will not have to work in the evening or weekends. Conversely, cardiologists who work in a hospital will have to work at different times of the day, including nights and weekends. A controversial policy in the United States does not limit the number of hours that residents can work in a row. It increased the hours from 18 to 24.

As cardiologists gain experience, they tend to get better hours and the ability to regulate their schedule.

Bonuses & Benefits

The benefits of being a cardiologist are plentiful. They see a very nice salary, have a critically important job and get to do their part to make people healthy again. They receive a full suite of benefits and will have plenty of vacation and paid-time-off.

There are some considerations to be made when deciding to be a cardiologist. In addition, there is an extensive amount of schooling required, and most cardiologists will accrue a large amount of debt in medical school.

They have the prestige of being a doctor and will travel to conferences to present and network with their peers.

Healthcare coverage is not universal for cardiologists. The table below shows healthcare benefits by country. A (–) means that data was not available for that data point.

Country United States Canada United Kingdom Australia New Zealand India South Africa
Medical 83 82 40 33 81 100
Dental 59 64 0 33 4 0
Vision 50 55 0 0 7 0
None 14 18 60 56 15 0

Career Outlook

The chances of getting a job as a cardiologist in New Zealand are good because there is a shortage of qualified physicians. Naturally, the chances will be higher in rural areas where there is less competition for positions. The U.S. Bureau of Labor Statistics does not list job outlook by physician specialty. All physicians can expect a job growth of 14 percent through the year 2024. This is due to two things. First, more people have access to healthcare coverage than ever before. Second, the population is aging, and the risk of cardiovascular problems increases with age.

The gender ratio is interesting to explore when looking at who is more likely to get a job in cardiology. It is a male dominated profession. In the United Kingdom and Canada, the ratio of males is 60 and 67 percent, respectively. In the United States, the profession is 81 percent male, and in India, that number is even higher at 91 percent.

Conclusion

Cardiologists invest a lot of time and money in their education to practice in this profession. They get paid a high salary, but put in long hours and have a very important job. It’s similar to the neurosurgeon, who also receive an excellent pay for a difficult and specialized profession. If you enjoy the healthcare field and like learning about the human body and practicing medicine, then a cardiologist career could be a great choice.

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