Top 10 Political Leader's Salary by Country (2010):
1. Lee Hsien Loong (Singapore): $2,183,516
2. Donald Tsang (Hong Kong): $513,245
3. Raila Odinga (Kenya): $427,886
4. Barack Obama (United States): $400,000
5. Nicolas Sarkozy (France): $302,435
6. Stephen Harper (Canada): $296,400
7. Mary McAleese (Ireland): $287,900
8. Julia Gillard (Australia): $286,752
9. Angela Merkel (Germany): $283,608
10. Yoshihiko Noda (Japan): $273,676
Something else to look at...
Ranking the leaders by how corrupt their countries are, the ranking shifts to the following:
1. Raila Odinga (Kenya): 2.1
2. Nicolas Sarkozy (France): 6.8
3. Barack Obama (United States): 7.1
4. Yoshihiko Noda (Japan): 7.8
5. Angela Merkel (Germany): 7.9
6. Mary McAleese (Ireland): 8
7. Donald Tsang (Hong Kong): 8.4
8. Julia Gillard (Australia): 8.7
9. Stephen Harper (Canada): 8.9
10. Lee Hsien Loong (Singapore): 9.3
The Bottom Line
What do all of these numbers tell us? Leaders of advanced economies earn very similar salaries to each other, and those countries tend to be less corrupt and more democratic. While Lee Hsien Loong may earn 38 times the average resident of Singapore, his country is considered a good place to do business even if it is not fully democratic. On the other end of the spectrum, Raila Odinga earns an incredible amount more than the people he governs, and presides over a country that Transparency International would consider one of the most corrupt around (ranked 154 out of 178 countries).
Thursday, October 20, 2011
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