Global Voluntary Health Expenditures by Country

In 2023, the global voluntary health expenditure patterns among various countries showed mixed trends. Cyprus and Greece both had the highest expenditures at 3.19% of GDP, with Cyprus experiencing a significant decline of 3.77% year-on-year. Greece had a marginal decrease of 0.68%. Austria and Russia saw modest increases in their expenditures, with Austria recording a 1.23% increase and Russia a 0.85% rise. Significant growths were observed in Lithuania and the United Kingdom, with year-on-year increases of 3.33% and 2.55% respectively. Conversely, France and Ireland saw substantial declines of 2.76% and 2.89%. Indonesia also experienced a slight drop of 1.6%.

Future trends to watch in global voluntary health expenditures by country include potential shifts influenced by economic factors, regulatory changes, and varying levels of healthcare access and quality. Countries with current rising trends, such as Austria and the United Kingdom, may continue to show increases if economic conditions and healthcare policies remain favorable. Conversely, nations with declining expenditures, like Cyprus and France, may need strategic interventions to reverse these trends. Monitoring these expenditures against GDP growth and demographic changes will also be critical for future forecasts.

Top countries in Voluntary Health Expenditures by Country

# 10 Countries Percent of GDP Last Year YoY 5-years CAGR
1 1 Cyprus 3.19 2023 -0.87% -3.77% View data
2 2 Greece 3.19 2023 +0.031% -0.68% View data
3 3 Bulgaria 2.81 2023 -0.78% -1.37% View data
4 4 Austria 2.76 2023 +0.47% +1.23% View data
5 5 Lithuania 2.52 2023 +2.19% +3.33% View data
6 6 Israel 2.49 2023 -0.04% -0.28% View data
7 7 United Kingdom 2.42 2023 +1.26% +2.55% View data
8 8 Italy 2.34 2023 +0.47% +0.58% View data
9 9 Russia 2.25 2023 +0.58% +0.85% View data
10 10 France 1.61 2023 -3.02% -2.76% View data

Top Countries about Medical Biotechnology