In 2023, the United States led global state government health expenditures, reaching 1.0623 trillion USD in PPP, followed by Spain at 0.11894 trillion USD. Austria and Germany both spent slightly over 0.016 trillion USD, while Switzerland and Belgium allocated 0.01277 trillion USD and 0.00772 trillion USD, respectively. The year-on-year growth for 2023 revealed Austria and Belgium as the top performers with growth rates of 3.0% and 3.37%, whereas Germany exhibited the slowest growth at 1.9%.
Future trends indicate a potential increase in health expenditures influenced by aging populations, technological advancements, and the rising cost of healthcare services. Countries may face challenges balancing budgets while ensuring access to quality healthcare.
Top countries in State Government Expenditures on Health by Country
| # | 6 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,062,300 | 2023 | +2.19% | +2.52% | View data |
| 2 | 2 Spain | 118,940 | 2023 | +1.74% | +2.41% | View data |
| 3 | 3 Austria | 16,610 | 2023 | +2.63% | +3% | View data |
| 4 | 4 Germany | 16,150 | 2023 | +1.84% | +1.9% | View data |
| 5 | 5 Switzerland | 12,770 | 2023 | +2.49% | +2.87% | View data |
| 6 | 6 Belgium | 7,720 | 2023 | +4.73% | +3.37% | View data |
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