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Timeline of a few OECD countries: Health care cost as percent of GDP (total economy of a nation). [2] [3] Graph below is life expectancy versus healthcare spending of rich OECD countries. US average of $10,447 in 2018. [7] See: list of countries by life expectancy.
This article includes 2 lists of countries of the world and their total expenditure on health as a percent of national gross domestic product (GDP). GDP is a measure of the total economy of a nation. Total expenditure includes both public and private health expenditures. See also: List of countries by total health expenditure per capita.
Public and private spending. US dollars PPP. $6,319 for Canada in 2022. $12,555 for the US in 2022. [179] Health spending by country. Percent of GDP (Gross domestic product). 11.2% for Canada in 2022. 16.6% for the United States in 2022. [179] Health spending per capita, in US$ PPP-adjusted, compared amongst various first world nations.
Superscript numbers next to country names: 1. All spending by private health insurance companies in the United States is reported under compulsory health insurance. 2. Health payment schemes unable to be disaggregated into voluntary health insurance, NPISH and enterprise financing are reported under other. 3.
The U.S. health care system is in a class all its own, according to a new analysis of health system performance in 10 high-income countries—but in a devastating way.
In 2006, per-capita spending for health care in Canada was US$3,678; in the U.S., US$6,714. The U.S. spent 15.3% of GDP on healthcare in that year; Canada spent 10.0%. [8] In 2006, 70% of healthcare spending in Canada was financed by government, versus 46% in the United States.
This is an accepted version of this page This is the latest accepted revision, reviewed on 9 December 2024. Economic sector focused on health An insurance form with pills The healthcare industry (also called the medical industry or health economy) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive ...
What’s happening: The 200 largest publicly traded companies in the United States saw their combined net profits soar to $1.25 trillion in 2022, a gain of 63% from 2018.