In 2018 the US. Domestic general government health expenditure of current health expenditure Domestic general government health expenditure per capita current US Domestic private health expenditure of current health expenditure External health expenditure per capita PPP current international.
File U S Health Care Spending As A Percentage Of Gdp Jpg Wikimedia Commons
The second-highest ranking country Switzerland spent 122 percent.
Us healthcare spending gdp. 36 trillion 2018 Total national health expenditures as a percent of Gross Domestic Product. In 2019 the US. Health spending as a share of a states GDP shows the importance of the health care sector in a states economy.
Healthcare spending accounted for 18 of the nations GDP in 2016 about 33 trillion and businesses and households accounted for about half of that spending. Health spending growth was higher during the 1980s but has been similar since. Data are for the US.
OECD Indicators says that the United States spent the most on health care in 2018 equivalent to 169 of GDP above Switzerland the next highest spending country at 122. Percentage of GDP spent on health care in select countries 2018 Published by John Elflein May 26 2020 Among OECD member countries the United. Per capita national health expenditures.
Health care spending grew 46 percent in 2019 reaching 38 trillion or 11582 per person. As a share of the nations Gross Domestic Product health spending accounted for 177 percent. As a share of GDP Maine ranked the highest 223 percent and Wyoming ranked the lowest 93 percent in 2014.
Medicare and Medicaid already. For additional information see below. The data are presented by type of service sources of funding and type of sponsor.
According to these projections US healthcare spending reached 36 trillion in 2018. Health United States 2019 table 44. Healthcare spending in the United States however rose from 163 percent to 170 percent of GDP in in that same time period.
Health care expenditure as a percentage of GDP 1960-2020. Recent developments tell us that the United States will spend 18 percent of its gross domestic product on health care in 2020. 60 rows Estimates of current health expenditures include healthcare goods and services consumed.
At the other end of the spectrum New Zealand and Australia devote only 93 percent approximately half as much as the US. Spent 17 of its GDP on health consumption whereas the next highest comparable country Switzerland devoted 12 of its GDP to health spending. Spent 169 percent of gross domestic product GDP on health care nearly twice as much as the average OECD country.
Between 2010 and 2019 health spending across the OECD averaged about 87 percent of gross domestic product GDP annually. Healthcare spending is expected to represent 194 of US GDP in 2027. Gross Domestic Product GDP by state measures the value of goods and services produced in each state.
However of the G7 group of large developed economies UK healthcare spending per person was the second-lowest with the highest spenders being France 3737 Germany 4432 and the United. 11172 2018 Total national health expenditures. Health at a Glance 2019.
In February the CMS Office of the Actuary released its projections of national health expenditures through 2027.