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World leaders’ salaries vary depending on their country’s economy. Some leaders, such as Obama, earn about eight times their country’s GDP per capita. The highest known salary is $1.7 million for Singapore’s prime minister. Some leaders, like Uruguay’s president, donate a large portion of their salary to charity. Queen Elizabeth II earns an estimated $54.5 million annually but has no political authority.
The amount of money world leaders typically earn varies depending on the economy of each leader’s country. For example, US President Barrack Obama has a salary of $400,000 United States Dollars (USD), about 8.3 times the gross domestic product (GDP) per capita in the US for 2011. The salaries of world leaders in France, Japan , Germany, Canada and Australia also have a ratio of about eight times higher than their country’s average GDP per capita. As of 2010, the world leader with the highest known salary was Lee Hsien Loong, the prime minister of Singapore, who reportedly earned $1.7 million dollars, or about 40 times more than the average citizen in the country did.
Read more about the salaries of world leaders:
The president of Uruguay as of 2013, José Mujica, is reported to give 90% of his monthly salary to charity and live off $753 USD, which is the average monthly income for citizens of Uruguay.
The annual salary for the world leader from Poland is approximately $45,000 USD, which is lower than the US median household income of $53,000 USD for 2007-2011.
Queen Elizabeth II, monarch of the United Kingdom, earns an estimated annual salary of $54.5 million dollars, but has no political authority over the United Kingdom.
