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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.
Compared to other OECD countries, U.S. healthcare costs are one-third higher or more relative to the size of the economy (GDP). [2] According to the CDC , during 2015, health expenditures per-person were nearly $10,000 on average, with total expenditures of $3.2 trillion or 17.8% of GDP . [ 3 ]
Life expectancy vs healthcare spending of rich OECD countries. US average of $10,447 in 2018. [1]This is a list of OECD nations, and a few other nations tracked by the OECD iLibrary, and their health expenditure by type of financing.
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.
The U.S. spends more on health care relative to the size of its economy than any other nation, but its health care system ranks dead last among a group of its peers, according to a new analysis ...
The nation spends 11.4% of its GDP on health care, high enough to claim the No. 6 spot on our list. Switzerland's per capita spending of $5,270 ranks third-highest among all OECD countries.
US healthcare expenditure as share of GDP, 1929–2013 [124] Though the U.S. healthcare system tends to produce more innovation, it has a lower level of regulation, and almost every form of its healthcare costs more than other high-income countries.
The availability of low- or no-cost health care provided by the Venezuelan Institute of Social Security has also made Venezuela's health care infrastructure one of the more advanced in the region. However, despite being the most comprehensive and well funded in the region, the health care system has deteriorated sharply since the 1980s.