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$186,000 ($145,543) per year, while in Australia it stands at AU$114,650 ($89,562). These professionals get paid Rs 1,831,257 ($28,073) per year in India, and $244,306 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 SalaryUSCanadaUKAustraliaNew ZealandIndiaSouth Africa
Hourly Pay$42.00C$91.56 ($71.65)£32.23* ($44.55)AU$60.00 ($46.83)NZ$177 ($127.81)Rs 880.41* ($1.96)R230.36* ($19.60)
Annual Pay$244,306C$186,000 ($145,543)£67,054 ($92,604)AU$114,650 ($89,562)NZ$368,405 ($266,209)Rs 1,831,257 ($28,073)R479,162 ($40,795)

*The figure is estimated based on the other pay information given, assuming 2,080 worked hours per year.

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, which comes from SalaryExpert and CareersNZ. Due to the nature of their job, most of them do not receive an hourly pay. Therefore, some of the hourly pay rates listed will be estimated based on 2,080 worked hours per year.

1. Location

How Much Does a Cardiologist Make in the US?

Cardiologist Salary USPer YearPer Hour
Minimum$75,047$14.85
Maximum$474,748$123
Bonus$97,871$493
Overtime$151$15.21
Total Pay$62,117 to $473,568

 

How Much Does a Cardiologist Make in Canada?

Cardiologist Salary CanadaPer YearPer Hour
MinimumC$73,404C$19.22
MaximumC$413,697C$190
BonusC$7,550No additional pay
OvertimeNo additional payC$165
Total PayC$55,234 to C$405,124

How Much Does a Cardiologist Make in the UK?

Cardiologist Salary UKPer YearPer Hour
Minimum£30,540£14.68*
Maximum£120,805£58.07*
Bonus£12,000No additional pay
OvertimeNo additional payNo additional pay
Total Pay£37,223 to £124,376

The (*) means that the hourly rate was extrapolated from the annual pay.

How Much Does a Cardiologist Make in Australia?

Cardiologist Salary AustraliaPer YearPer Hour
MinimumAU$59,598AU$28.94
MaximumAU$342,550AU$173.19
BonusNo additional payNo additional pay
OvertimeNo additional payAU$97.50
Total PayAU$58,958 to AU$350,000

How Much Does a Cardiologist Make in New Zealand?

Cardiologist Salary New ZealandPer YearPer Hour
MinimumNZ$243,438NZ$72.59
MaximumNZ$496,254NZ$288.46
BonusNZ$27,667No additional pay
OvertimeNo additional payNo additional pay
Total PayNZ$151,000 to NZ$600,000

How Much Does a Cardiologist Make in India?

Cardiologist Salary IndiaPer YearPer Hour
MinimumRs 471,299Rs 179.69
MaximumRs 7,298,455Rs 2,948.16
BonusRs 511,820Rs 7,213
OvertimeNo additional payNo additional pay
Total PayRs 480,126 to Rs 8,172,382

How Much Does a Cardiologist Make in South Africa?

Cardiologist Salary South AfricaPer YearPer Hour
MinimumR103,646R49.10
MaximumR1,939,160R846.96
BonusR40,000No additional pay
OvertimeNo additional payNo additional pay
Total PayR206,000 to R1,939,160

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, beginners earn about ₤63,000 per year, while pay decreases for people in their mid-career at about ₤54,000, but after that, it starts to rise until ₤80,000 per year for experienced cardiologists.

While in the United States, according to Payscale, there is an 18 percent difference between entry-level and experienced cardiologists. The latter ones make around $203,000 each year, while the pay fluctuates as the years go by, having highs and lows, but along with experience above 20 years, the pay starts to increase to $250,000 and more.

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

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.

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.

CountryUnited StatesCanadaUnited KingdomAustraliaNew ZealandIndiaSouth Africa
Medical838940578089
Dental5461729233
Vision446177733
None141160361811

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 13 percent through the year 2026. 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. This profession is a male-dominated profession. In the United Kingdom and Canada, the ratio of males is 75 and 86 percent, respectively. In the United States, the profession is 86 percent male, and in India, that number is even higher at 88 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 job, that also receives 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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