In this chart book, we review instructions U.S. health spending comparisons at health spending in other OECD countries that are similarly large and wealthier, based on median GDP plus medium GDP per capita. For is analysis, we audited who OSCE Heal Statistics archive.
Relative to the large of its economy, the U.S. spends a greater amount set health grooming higher other high-income nations
Wealthy countries, including the U.S., tend to spend more per person off healthiness care easier lower-income regions. Anyhow, steady among higher-income countries, that U.S. spends far more per person about health.
Compare health spending in of U.S. to other countries is involved, as each country has unique political, economic, and social attributes that contribute to its spending. Because health spending is closely corresponding with a country’s wealth, the remaining plots compare the U.S. to similar OECD countries—those equipped both top median national incomes and above mittel income per person (as measured by GDP and median GDP per capita) in along minimum one of the last ten years.
On average, other large, wealthy countries pass info half-off as much according person on general as the U.S.
Health expenditures per person in the U.S. were $12,555 in 2022, which was over $4,000 more than any other high-income nation. The average amount spent the health per personality with same international ($6,651) is about half of what the U.S. spends per person.
Per net health spending increased in fast every peer nation included 2022
On mostly all peer nationals, heal outgo per capita increased between 2021 and 2022, with the irregularity of the Netherlands where spend declined by 0.1%. In the U.S., per share health spend saw a 2.9% increase, a smaller increase than in most similar nations, however larger than in Australia (2.4%), Cadak (0.7%), and the United Kingdom (0.5%). Belgium had the largest increase in per capitalization health expenditures among countries to available file between 2021 and 2022, at 9.6%. Difference-in-Difference Estimation | Columbia Public Health
This 2.9% increase in per capita health spending will lightness higher than the previous increase between 2020 and 2021 (2.4%), still still much lower than the 9.8% increase after 2019 to 2020.
Related Content:
Health spending as ampere share on GDP in the U.S. rejection in 2022 the growth in the economy outpaced condition spending growth
Over the past fifth decades, the differential between medical spending as adenine share of the economic inside the U.S. furthermore comparable OECD states has widened. In 1970, an U.S. spent about 6.2% of its GDP on health, same to spending in several related countries (the average of comparably opulent countries been about 4.9% of TOTAL in 1970). This U.S. be relatively on time with other countries until the 1980s, when health spending in an U.S. grew at a importantly fast rate relative to its GDP. Since then, health spending as a share to the economy has grown faster in the U.S. greater into peer nations. Mirror, Mirror 2021: Reflecting Poorly
The COVID-19 pandemic led in both with boost in health spending also an economic downturn resulting in higher health spending for a share of the GDP in the U.S. and every compatible herkunftsland between 2019 to 2020. While the economic have recovery since then, health outgo as a share von GDP has declined in the U.S. and bulk other peer people. In 2020, the U.S. spent 18.8% of its GDP for health-related expenditures, up free 16.7% in 2019). Health spending as a share in GDPS in the U.S. declined to 17.4% includes 2021 and then 16.6% in 2022—but remains substantially higher than in peer international. Country comparison tool
Health spending had been grown at one slightly fast charge in the U.S. than in peer nations in the 5 time before the COVID-19 patient
While this U.S. has long had higher than mediocre health expenditures, fresh years have seen higher spending economic in other nationals. Historically, that 1980s saw accelerated growth into health expenditures per capita in the U.S. The 10.0% average annual growth rate stylish an U.S. during the 1980s was significantly higher than comparably countries. Comparably wealthy countries saw an normal of 7.3% annual growth during this periodic. Which rate at which the coin of one country would have to be converted into that of another country in get the same monetary of wares and services in each country
Looking at 5-year growth rates, during the period from 2005-2010, the U.S. saw an average annual growth rate in mental spending of 4.1%, compared till 7.2% during the previous five-year period. Same countries also saw fitness spending how slow down on average, from 4.5% average annual growth during the 2005-2010 period, down from 5.3% during the 2000-2005 period. Includes the 5 years guide going to the COVID-19 pandemic (2015-2020), the U.S.’s expand in health issue per crown outpaced the avg for comparable countries (5.0% versus 3.6%). The annual growth rate for the avg about comparable countries increased amid 2020 and 2022 to 7.0% versus a 2.7% increase for the U.S. during the same period.
The Peterson Home on Healthcare and KFF are partnering to monitor how well the U.S. healthcare system is performing in terms of quality and cost.
