Babafemi Afolabi

psychiatry

Province

Manitoba Physicians

Year

2023-2024

Specialty

psychiatry

Education

Obafemi Awolowo University

Graduation Year

2004

Compensation at a Glance

Latest (2019-2020)

$249,837.00

+24.0% YoY

Career Earnings

$2,682,012.63

6 years on record

Career High

$736,412.88

in 2024-2025

Average Annual

$447,002.11

+195% total growth

Estimated Net Income

Gross Billings

$696,679.14

Est. Overhead (15%)

$104,501.87

Est. Net Income

$592,177.27

Based on average OMA overhead rate for psychiatry. Actual overhead varies by practice.

Compensation History

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Compensation History

YearCompensation% Change
2024-2025$736,412.88
+5.7%
2023-2024$696,679.14
+42.7%
2022-2023$488,074.61
+57.7%
2021-2022$309,556.00
+53.7%
2020-2021$201,453.00
-19.4%
2019-2020$249,837.00

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