The analysis of Global Current Health Expenditure by Country in 2024 reveals significant disparities. The United States remains the highest spender with 14.49 thousand US dollars PPP per capita. Singapore's expenditure stands out with a notable increase of 20.25%, while countries like Switzerland, Denmark, and the Netherlands also show considerable spending. The United Kingdom and South Korea experienced notable increases in their health expenditure, at 9.76% and 9.46% respectively. Conversely, Brunei and Turkmenistan have observed slight reductions.
Future trends to watch include the rapid growth in health expenditure in emerging economies such as Russia (19.66%) and Uzbekistan (15.62%). Moreover, countries with moderate increases like China (8.69%) and Lithuania (11.84%) indicate shifting priorities towards healthcare. Monitoring these trends will be crucial as they may significantly impact global health policy and economic strategies.
Top countries in Current Health Expenditure by Country
# | 10 Countries | US Dollars PPP Per Capita | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 14,490 | 2023 | +6.87% | +7.1% | View data |
2 | 2 Singapore | 10,020 | 2023 | +16.11% | +20.25% | View data |
3 | 3 Switzerland | 9,210 | 2023 | +2.65% | +2.39% | View data |
4 | 4 Denmark | 8,710 | 2023 | +9.86% | +8.4% | View data |
5 | 5 Netherlands | 8,590 | 2023 | +8.18% | +8.13% | View data |
6 | 6 Ireland | 8,410 | 2023 | +6.98% | +7.48% | View data |
7 | 7 Austria | 8,400 | 2023 | +7.51% | +7.3% | View data |
8 | 8 Germany | 8,390 | 2023 | +5.64% | +5.76% | View data |
9 | 9 Luxembourg | 8,180 | 2023 | +5.19% | +5.65% | View data |
10 | 10 Sweden | 7,340 | 2023 | +3.08% | +4.51% | View data |