Special Report

20 Highest Paid World Leaders

Source: Lintao Zhang / Getty Images

20. Édouard Philippe
> Title: Prime Minister of France
> Annual salary (in USD): $220,505.00
> Time in office: 1 year, 10 months
> GDP per capita: $40,145.94

In France, President Emmanuel Macron, the head of state, holds more power than the head of government, Prime Minister Édouard Philippe. Despite this, Philippe earns just as much as the French president. Both leaders make more than five times as much as France’s GDP per capita.

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19. Jimmy Morales
> Title: President of the Republic of Guatemala
> Annual salary (in USD): $227,099
> Time in office: 3 years, 2 months
> GDP per capita: $7,421.29

Prior to becoming the president of Guatemala, Jimmy Morales was a household name in Guatemala on the Guatemalan TV series “Moralejas” (“Morals”), where he starred alongside his brother. These days, Morales earns more than 30 times the economic output of a typical Guatemalan citizen.

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18. Leo Varadkar
> Title: Taoiseach
> Annual salary (in USD): $234,447
> Time in office: 1 year, 9 months
> GDP per capita: $66,548.10

Leo Varadkar is the Taoiseach of Ireland. Taoiseach is an Irish word of Ancient origin meaning “leader” and is used in the Irish Constitution for “the head of the Government or Prime Minister. As Taoiseach, Varadkar earns more than four and a half times the average wage of Irish citizens.

Source: Sean Gallup / Getty Images

17. Katrín Jakobsdóttir
> Title: Prime Minister of Iceland
> Annual salary (in USD): $242,619
> Time in office: 1 year, 4 months
> GDP per capita: $49,704.76

If Katrín Jakobsdóttir‘s salary as the prime minister of Iceland were to be shared across the nation, each Icelandic citizen would receive the equivalent of 73 cents. While the president has a higher base pay than the prime minister in Iceland, the president has limited powers and the role is largely ceremonial as a diplomat and figurehead.

Meanwhile Prime Minister Jakobsdóttir is the highest ranking official within Iceland’s government. Prior to joining the Icelandic government, she had a career in both Icelandic media and academia, where she lectured at various universities in Reykjavík.

Source: Michael Campanella / Getty Images

16. Stefan Löfven
> Title: Prime Minister of Sweden
> Annual salary (in USD): $244,615
> Time in office: 4 years, 6 months
> GDP per capita: $46,519.75

Swedish Prime Minister Stefan Löfven began his career as a welder, but he quickly ascended into politics when he became his group’s trade union representative two years into his career. Decades later, in 2005, he became the chairman of the major trade union IF Metall. It was not long before he became the leader of the largest political party in Sweden — Swedish Social Democratic Party — and subsequently elected prime minister.

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