ChartingTheEconomy.Com

April 8, 2009

Health Care Expenditures as a % of Gross Domestic Product

Filed under: Healthcare — admin @ 12:06 am

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The first chart shows U.S. health care expenditures as a percentage of gross domestic product (GDP) compared to seven other developed nations.  The second chart shows historical and projected U.S. health care expenditures as a percentage of GDP.  If you also read the prior two posts, you can see that a lack of spending is not an issue with U.S. health care.  On a per person basis and as a percentage of GDP the U.S. dramatically outspends other nations.  The next two posts will show if we are healthier because of it.

Data Source:

>  World Health Organization.  World Health Statistics 2008, Part 2:  Global health indicators.

> Centers for Medicare & Medicaid Services, Office of the Actuary.  National Health Expenditure Accounts - Historical, Table 1:  National Health Expenditures Aggregate, Per Capita Amounts, Percent Distribution, and Average Annual Percent Growth, by Source of Funds:  Selected Calendar Years 1960-2007.
> Centers for Medicare & Medicaid Services, Office of the Actuary.  National Health Expenditure Accounts - Projected, Table 1:  National Health Expenditures; Aggregate and Per Capita Amounts, Percent Distribution, and Average Annual Percent Growth, by Source of Funds:  Calendar Years 2003-2018.

> Note:  The first chart represents 2006 spending (the latest World Health Organization data).  WHO also has a slightly lower number for U.S. expenditures on health care as a % of GDP than does the Centers for Medicare & Medicaid Services.

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2 Comments »

  1. Why do your numbers for France and the UK, for example, not align with the OECD per capita PPP health care spending (you have them higher)? I didn’t check all, just noticed those two… I have the ‘06 OECD chart if you want it.

    Wonderful service, thank you.

    Damien

    Comment by Damien Fallon — May 7, 2009 @ 7:31 pm

  2. Thanks for the comment. A very good question. I think it’s because I was using numbers based on average exchange rates and not on PPP.

    Comment by admin — May 7, 2009 @ 9:12 pm

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