In 2023, Switzerland leads with 12.07% of its total physicians being psychiatrists. Estonia and Finland follow with 5.76% and 5.03% respectively. Australia, Iceland, Hungary, Denmark, and Austria range between 4.72% and 4.09%. Notably, Spain and Portugal are lower, at 2.87% and 2.62% respectively. The largest year-on-year increase in 2023 was in Austria, up by 1.72%, while Iceland saw a significant decline of 5.25%. Looking over five years, the Compound Annual Growth Rate (CAGR) highlights varied growth with different countries showing either stability or significant changes.
Future trends to watch for include:
- The potential impact of healthcare policy reforms on psychiatrist availability across countries.
- Technological advancements influencing the demand and recruitment of psychiatric professionals.
- Shifts in mental health awareness potentially increasing the global demand for psychiatrists.
- Impact of immigration policies on psychiatrist distribution and supply, especially in countries with slower growth rates.
Top countries in Share of Practising Psychiatrists by Country
| # | 10 Countries | Percent of Total Physicians | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 12.07 | 2023 | +0.58% | +0.017% | View data |
| 2 | 2 Estonia | 5.76 | 2023 | +1.41% | +0.96% | View data |
| 3 | 3 Finland | 5.03 | 2023 | +0.4% | -0.59% | View data |
| 4 | 4 Australia | 4.72 | 2023 | +0.21% | +0.43% | View data |
| 5 | 5 Iceland | 4.62 | 2023 | -3.14% | -5.25% | View data |
| 6 | 6 Hungary | 4.34 | 2023 | 0% | View data | |
| 7 | 7 Denmark | 4.25 | 2023 | -0.93% | -1.14% | View data |
| 8 | 8 Austria | 4.09 | 2023 | +1.49% | +1.72% | View data |
| 9 | 9 Spain | 2.87 | 2023 | +1.06% | +1.08% | View data |
| 10 | 10 Portugal | 2.62 | 2023 | +0.38% | +0.15% | View data |
