In addition, Obama gets a tax-free expense account worth $50,000. Merkel's salary as German chancellor is set at 216,000 euros a year ($234,383). The chancellor and her ministers got a 2.2% pay rise at the beginning of March, according to government documents. The British prime minister earns £142,500 ($214,782) a year.That includes his salary as a member of parliament, which is £67,060. The French president would have ranked much higher on this list, had he not taken a 30% pay cut the moment he took office in 2012.e now earns roughly 8.2 million rubles per year ($136,000) as Russian president. The Indian prime minister's salary is just 1,900,000 rupees a year, which comes to little over $30,000. That's according to an official response to a freedom of information request submitted by local media.