Are you an aspiring translator hoping to hit the jackpot with your translator salary? Or a potential translation student wondering “how much do translators make?”? The myths about the highest paying translation languages can scare potential clients away and lure many linguists in. Read on to find out more about languages that will net you the most profitable translation jobs.
How much do translators make on average?
Language profitability depends on many variables that can increase and decrease your worth in the market. For example, your location and field of expertise can weigh heavier on one side of the beam balance. It is also important to remember that not all fields are equally profitable. Medical translation can land you a good translator salary. Legal translation can also provide you financial security. But how much do translators make depending on their location?
If you live in the United States of America, the highest paying translation languages will probably differ from those in the United Arab Emirates. The Arabic language is naturally more prized in the USA than in the UAE. In other words, you would have much more competition speaking Arabic and English in the UAE than speaking Arabic and English in the USA. This is because Arabic is not commonly learned in the USA. Rarity benefits inference. This why your location plays an important role in determining your translator salary. In this article, we will elaborate on the highest paying translation languages for future translators located in the USA.
What are the highest paying translation languages?
The sky-high demand for the German language shows no sign of decreasing. It is perfectly understandable that it is one of the highest paying translation languages since Germany is an economic superpower. This European country can provide its translators with some of the highest paying translation jobs as well as endless job opportunities. Additionally, German is extremely hard to learn as a second language, which means positions are not fulfilled that easily. To answer the question of “how much do translators make?”, a German translator salary in the USA can reach an average of $50,000.
France is one of the largest world economies and a leading destination for foreign investment. French is an official language of the United Nations, the European Union, UNESCO, NATO, the International Olympic Committee, the International Red Cross and international courts. It is also the language of the three cities where the EU institutions are headquartered: Strasbourg, Brussels and Luxembourg. It is no surprise French is one of the highest paying translation languages with an average translator salary of up to $19.49 per hour.
The demand for Arabic and English speaking translators has been steadily increasing over the past few years. Those who are fluent in Arabic and English have the opportunity to compete for a large number of job vacancies that cannot be fulfilled based on local supply. Data from the American Translators Association showed that a few years ago the average Arabic translator salary hovered at around 19 cents per word. Being one of the highest paying translation languages, Arabic can be a brilliant addition to your translator CV.
China has been expanding its reach all over the world over the past few years and many companies are Chinese-owned. Mandarin is considered one of the highest paying translation languages thanks to the Chinese economic boom. This is because it grants business owners a direct access to the staggering Chinese market. The surge in demand for Chinese translators has given the translator salary a huge boost, ranking at $74.92 per hour on average.
The most important thing about knowing how much do translators make is to choose the fields that best fit your background as well as the translator salaries by language. Wise decision making is key in having a thriving career and making a good living no matter what languages you speak.