Whispers Wire

President William Ruto Ranked As The Highest Earning President Worldwide Per GDP Ratio

Ruto

Interesting data has recently revealed how Kenyan Head of State is one of the best-paid presidents in the world.

As per theSalaries and Remuneration Commission, revision of salaries for state officers in June 2023, President Ruto’s monthly gross retainer soared from Ksh1,443,750 to Ksh1,650,000.

These figures are far higher from how much heads of state from economic superpowers earn, they are still astronomically high considering Kenya’s per-capita GDP in 2023.

Ruto
Ruto ranked as the highest paid head of state. Photo: Courtesy

Kenya’s GDP per capita last year stood at Ksh811,615. With this in mind, Ruto’s annual salary of Ksh 19,800,000 is the equivalent of almost 2,000% of his country’s per-capita GDP.

Interestingly, the top five in the list of best-paid heads of state relative to their country’s economic prowess are dominated by African leaders.

Tanzania and South Africa Presidents annual salaries also exceed the 1000% mark of their countries respective per-capita GDPs, sitting at 1087% and 1053% in third and fourth place respectively.

Ghana’s Head of State Nana Akufo-Addo is fifth on the list, with his annual remuneration being 651% of his country’s GDP per capita.

 

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