The United States led global health expenditures in 2023, constituting 9.61% of GDP, followed by Norway and Austria. Countries like Denmark and Portugal saw slight declines, while others such as Romania and South Korea observed significant increases. Over the last five years, the compound annual growth rate indicates steady growth in most countries, despite reductions in some like Hungary and Ireland. Countries with lower overall spending, such as Latvia and Estonia, showed notable year-on-year growth.
Future trends to monitor include the increasing government focus on healthcare delivery efficiency and potential technological impacts, particularly in aging nations where demand is growing. Economic shifts and policy changes may further influence expenditure levels across different countries.
Top countries in General Government Expenditures on Health by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 9.61 | 2023 | +0.73% | +0.77% | View data |
| 2 | 2 Norway | 8.99 | 2023 | +1.01% | +1.91% | View data |
| 3 | 3 Austria | 8.46 | 2023 | +0.48% | +0.55% | View data |
| 4 | 4 Denmark | 8.26 | 2023 | 0% | -0.072% | View data |
| 5 | 5 France | 8.11 | 2023 | +0.25% | +0.17% | View data |
| 6 | 6 Iceland | 7.93 | 2023 | +0.51% | +0.46% | View data |
| 7 | 7 Japan | 7.93 | 2023 | +0.63% | +0.7% | View data |
| 8 | 8 Slovakia | 7.86 | 2023 | +0.77% | +1.41% | View data |
| 9 | 9 United Kingdom | 7.82 | 2023 | +0.51% | +0.81% | View data |
| 10 | 10 Netherlands | 7.76 | 2023 | +0.26% | +0.29% | View data |
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