Data Scientist Salary Worldwide: Sneak Peek into their Earning Graph
Discover the latest on data scientist salaries worldwide and much more.
With the exponential growth of the field, the demand for skilled data science professionals has never been high. As a result, data scientist salaries have soared, making it one of the most lucrative careers in the world market today.
Factors Influencing Data Scientist Salary
Several factors impact the salary of a data scientist, including:
● Education: Professionals with advanced degrees, such as a Master's or Ph.D., usually command higher salaries.
● Experience: Senior data scientists with more years of experience in the field are generally paid more than entry-level or junior data scientists.
● Location: Salaries vary depending on the cost of living and demand for data scientists in a particular region.
● Industry: Some industries, such as finance and technology, typically offer higher salaries for data scientists compared to others.
Data Scientist Salary by Country
According to Salary Expert, here are the Country wise updated salaries:
1. United States
City
Salary in USD
Boston, MA $143,181
Los Angeles, CA $133,879
Houston, TX $133,279
Chicago, IL $119,849
Washington, DC $136,583
These figures indicate that location plays a significant role in determining data scientist salaries within the country. Major companies hiring data scientists in the US include Google, Facebook, Amazon, Microsoft, and IBM.
2. Canada
City
Salary in CAD
Salary in USD
Toronto, ON $101,382 $80,416
Vancouver, BC $95,000 $75,425
Montreal, QC $86,000 $68,287
Top companies hiring data scientists in Canada include Shopify, RBC, BMO, and Bell Canada.
3. United Kingdom
City
Salary in GBP
Salary in USD
London £54,000 $74,220
Manchester £42,500 $58,425
Major companies hiring data scientists in the UK include DeepMind, HSBC, Lloyds Banking Group, and British Airways.
4. Australia
City
Salary in AUD
Salary in USD
Sydney A$120,000 $86,400
Melbourne A$110,000 $79,200
Top companies hiring data scientists in Australia include Atlassian, Commonwealth Bank of Australia, Telstra, and ANZ.
5. Germany
City
Salary in EUR
Salary in USD
Berlin 60000 $68,400
Munich 65000 $74,100
Major companies hiring data scientists in Germany include SAP, Siemens, BMW, and Zalando.
6. India
City
Salary in INR
Salary in USD
Bangalore 1200000 $16,320
Mumbai 1100000 $14,960
Top companies hiring data scientists in India include Tata Consultancy Services, Infosys, Wipro, and Flipkart.
7. China
City
Salary in CNY
Salary in USD
Beijing ¥300,000 $46,800
Shanghai ¥350,000 $54,600
Major companies hiring data scientists in China include Alibaba, Tencent, Baidu, and Huawei.
8. United Arab Emirates (UAE)
City
Salary in AED
Salary in USD
Dubai AED 300,000 $81,672
Abu Dhabi AED 320,000 $87,168
Top companies hiring data scientists in the UAE include Etihad Airways, Emirates NBD, du, and Etisalat.
9. Ireland
City
Salary in EUR
Salary in USD
Dublin € 60,000.00 $68,400
Cork € 55,000.00 $62,700
Major companies hiring data scientists in Ireland include Accenture, Bank of Ireland, AIB, and Paddy Power Betfair.
10. New Zealand
City
Salary in NZD
Salary in USD
Auckland $110,000 $77,440
Wellington $105,000 $73,920
Top companies hiring data scientists in New Zealand include Xero, Fonterra, ASB Bank, and Spark New Zealand.
11. Japan
City
Salary in JPY
Salary in USD
Tokyo ¥8,500,000 $77,350
Osaka ¥7,500,000 $68,250
Major companies hiring data scientists in Japan include Sony, Toyota, SoftBank, and Rakuten.
12. France
City
Salary in EUR
Salary in USD
Paris € 65,000.00 $74,100
Lyon €60, 000 $68,400
Top companies hiring data scientists in France include AXA, BNP Paribas, Capgemini, and Orange.
13. Finland
City
Salary in EUR
Salary in USD
Helsinki 55000 $62,700
Tampere 50000 $57,000
Major companies hiring data scientists in Finland include Nokia, Tieto EVRY, OP Financial Group, and Kone.
14. Italy
City
Salary in EUR
Salary in USD
Rome 50000 $57,000
Milan 55000 $62,700
Top companies hiring data scientists in Italy include Enel, UniCredit, Intesa Sanpaolo, and Telecom Italia.
How to Boost Your Data Scientist Salary
If you're a data scientist looking to enhance your earning potential, consider the following tips:
● Pursue higher education: Earning a Master's or Ph.D. in a related field can help boost your credibility and salary.
● Develop specialized skills: Proficiency in specific tools or programming languages, such as Python or R, can increase your market value.
● Network: Build professional connections within the industry to learn about new opportunities and negotiate better compensation packages.
● Gain certifications: Pursue industry-recognized certifications like the Certified Data Science Professional (CDSP™) from USDSI® or Google Cloud Professional Data Engineer, which can enhance your resume and increase your salary prospects.
The Global remuneration landscape for skilled data scientists is highly dynamic and influenced by factors such as education, experience, location, and industry. While the United States leads in terms of average and senior data scientist salaries, other countries like Canada, the United Kingdom, Germany, Australia, and India are offering competitive pay packages. To boost your earning potential as a skilled data professional, consider pursuing data science certification courses, developing specialized skills, networking, obtaining certifications, and being open to relocation.
By staying informed about the latest trends and opportunities, you can make strategic career moves that help maximize your salary and advance your data science career. Make the right career move today!
