The analysis of Global Government Expenditures on Health Share by Country (Million US Dollars PPP) reveals significant disparities among nations. In 2023, the United States led with 45.77%, followed distantly by Japan at 9.09% and Germany at 7.85%. Notably, over the past two years, Poland (+3.38%), Romania (+5.63%), and Lithuania (+3.95%) showed the highest year-on-year percentage increases in health expenditure. In contrast, Greece reported a slight decrease of 0.17%.
Additional countries such as South Korea (+2.47%) and Czech Republic (+2.86%) demonstrated substantial growth, while mature markets like France (+2.54%) and the United Kingdom (+2.55%) maintained steady upwards trends. Conversely, the smallest economies, such as Luxembourg (+2.78%) and Iceland (+3.21%), still presented meaningful growth rates albeit with smaller absolute values.
Looking ahead, future trends to watch include continued high growth rates in emerging economies as they increase their healthcare investments. Additionally, demographic changes, technological advancements, and policy shifts are likely to influence the overall landscape of global government health expenditure.
Top countries in Government Expenditures on Health Share by Country (Million US Dollars PPP)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 45.77 | 2023 | +2.13% | +2.58% | View data |
2 | 2 Japan | 9.09 | 2023 | +1.2% | +1.23% | View data |
3 | 3 Germany | 7.85 | 2023 | +2.13% | +2.45% | View data |
4 | 4 France | 6.02 | 2023 | +1.9% | +2.54% | View data |
5 | 5 United Kingdom | 5.65 | 2023 | +1.94% | +2.55% | View data |
6 | 6 Italy | 4.01 | 2023 | +1.13% | +1.38% | View data |
7 | 7 Spain | 2.66 | 2023 | +1.34% | +1.95% | View data |
8 | 8 South Korea | 2.46 | 2023 | +2.82% | +2.47% | View data |
9 | 9 Australia | 2.27 | 2023 | +2.05% | +2.03% | View data |
10 | 10 Netherlands | 1.78 | 2023 | +1.73% | +2.03% | View data |