Healthcare spending rose 4% among the 30 member countries of the international Organization for Economic Cooperation and Development in 2001, compared with a 2.3% average increase in the countries' gross domestic products (GDP). The U.S. dedicated the largest portion of its GDP, 13.9%, to healthcare but reported the lowest government contribution to healthcare as percent of total healthcare spending. In the U.S., public spending accounted for 44.4% of the nation's healthcare expenditures in 2001; among the 30 countries, public funds accounted for 72% of total healthcare spending on average. Switzerland and Germany dedicated the second- and third-largest portions of their GDP to healthcare in 2001, 10.9% and 10.7%, respectively. Among the 30 countries, healthcare consumed 8.4% of their GDP on average in 2001, up from 7.3% in 1990 and just over 5% in 1970. Read the organization's report. -- by Susanna Moon
Healthcare eating up more of nations' GDP: report
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.
Recommended for You