New figures show that the average annual pay for medical doctors in the United States is declining and that their paychecks are dropping faster than the rest of the profession.
The report from the U.S. Bureau of Labor Statistics (BLS) found that in 2017, median salary for a practicing physician was $72,300, down $1,300 from 2016.
That’s the first time that median salary has declined since 2008.
The BLS also found that doctors with less than 15 years of experience made up 44 percent of the total workforce in 2017.
But the report found that the pay of doctors in general, including emergency medicine physicians, internal medicine physicians and surgical specialists, is not declining as fast as the other professions.
The median annual salary for doctors in 2018 was $84,600, up $1.2 million from 2017.
And the median salary was $90,800 in 2019, up a whopping $1 million from 2016, according to the BLS.
The median salary in 2020 was $89,300.
The BLS noted that the gap between the median and highest pay of medical doctors has narrowed in recent years, with the median salaries for specialists and inpatient specialists dropping in each year since 2015.