In this article, we will look at the 5 highest paying countries for pharmacists. We have also analyzed the pharmacy industry along with its key market players in another article. If you are interested in reading about that along with a more extensive list, head straight to the 15 Highest Paying Countries for Pharmacists.
5. Denmark
Average Salary: $102,784
Denmark’s attractiveness to pharmacists is amplified by its association with leading pharmaceutical companies such as Novo Nordisk, LEO Pharma, and ALK. These globally recognized firms not only offer jobs but also contribute to Denmark’s status as the best destination for pharmacists.
With a history of innovation dating back to the early 1900s, Denmark’s life science sector is ever-green because of the collaboration between industry, universities, and the healthcare sector. It excels in cutting-edge research areas such as cancer, CNS disorders, diabetes care, and inflammatory and infectious diseases. This results in Denmark being at the forefront of the global pharma industry and market.
4. United Kingdom
Average Salary: $110,805
To become a pharmacist in the UK, one needs to complete a five-year program including a Master’s degree in pharmacy and a one-year foundation training year. The entry requirements typically ask for A-levels in chemistry and another science or math, along with GCSEs in key subjects. Pharmacists play a key role in UK healthcare as they possess expert knowledge which helps ensure the safe use of medicines. They work in different settings, such as community pharmacies, hospitals, mental health services, and academia. The UK is one of the best countries for pharmacists to work.
3. Luxembourg
Average Salary: $132,927
Luxembourg is a key player in the pharmaceutical and healthcare logistics sector. The country offers expertise in handling complex logistics with top-notch quality while also adhering to regulatory requirements, and meeting transportation needs. With the launch of LuxairCARGO’s dedicated Pharma & Healthcare Centre at Luxembourg Airport Cargo Center, Luxembourg is committed to complying with Good Distribution Practice (GDP) standards and staying up-to-date with the latest guidelines from the World Health Organization (WHO) and the European Union.
Moreover, Luxembourg is dedicated to preserving the quality and safety of pharmaceutical and healthcare products as they move through the supply chain. Located at the heart of Europe’s pharmaceutical market, the country aspires to become a leading air freight hub in the pharma industry.
2. Switzerland
Average Salary: $140,541
Switzerland is the best country for pharmacists due to its highly stable chemical and pharmaceutical industry, which contributes around 50% of the country’s annual exports and 5% of its GDP. The country hosts major players such as Novartis, Hoffmann-La Roche, Cilag GmbH, and Celgene International II, which offer abundant career opportunities and global influence. Furthermore, the sector’s emphasis on high-value-added products, modern and highly refined research, and innovation makes Switzerland as a hub for pharmaceutical excellence and hence, is a top choice for pharmacists worldwide.
1. United States
Average Salary: $141,358
With an annual average salary of $141,358, pharmacists enjoy financial stability in the US. Aspiring pharmacists must complete a rigorous educational path, with a Doctor of Pharmacy (Pharm.D.) degree. Each state in the US requires licensure, often through exams like the NAPLEX and MPJE to ensure high standards. The best states for pharmacists, in terms of salary, are Alaska, California, and Oregon. The US offers a promising career outlook, even though it anticipates a 3% decline in job growth, with over 300,000 pharmacists needed across different healthcare settings. The United States is the highest-paying country for pharmacists.
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