In 2023, U.S. national health expenditure as a share of its gross domestic product (GDP) reached 17.6 percent, this was an increase on the previous year. The United States has the highest health spending based on GDP share among developed countries. Both public and private health spending in the U.S. is much higher than other developed countries. Why the U.S. pays so much moreWhile private health spending in Canada stays at around three percent and in Germany under two percent of the gross domestic product, it is nearly nine percent in the United States. Another reason for high costs can be found in physicians’ salaries, which are much higher in the U.S. than in other wealthy countries. A general practitioner in the U.S. earns nearly twice as much as the average physician in other high-income countries. Additionally, medicine spending per capita is also significantly higher in the United States. Finally, inflated health care administration costs are another of the predominant factors which make health care spending in the U.S. out of proportion. It is important to state that Americans do not pay more because they have a higher health care utilization, but mainly because of higher prices. Expected developmentsBy 2031, it is expected that health care spending in the U.S. will reach nearly one fifth of the nation’s gross domestic product. Or in dollar-terms, health care expenditures will accumulate to about seven trillion U.S. dollars in total.

Graph and download economic data for Government current expenditures: Federal: Health (G160661A027NBEA) from 1959 to 2023 about health, expenditures, federal, government, GDP, and USA.

This statistic shows a forecast of the U.S. national health expenditure as a percentage of GDP from 2023 to 2032. By 2032, this share is expected to increase up to nearly ********* of the national gross domestic product.

Among OECD member countries, the United States had the highest percentage of gross domestic product spent on health care as of 2023. The U.S. spent nearly ** percent of its GDP on health care services. Germany, France and Japan followed the U.S. with distinctly smaller percentages. The United States had both significantly higher private and public spending on health compared with other developed countries. Why compare OECD countries?OECD stands for Organization for Economic Co-operation and Development. It is an economic organization consisting of ** members, mostly high-income countries and committed to democratic principles and market economy. This makes OECD statistics more comparable than statistics of developed and undeveloped countries. Health economics is an important matter for the OECD, even more since increasing health costs and an aging population have become an issue for many developed countries. Health costs in the U.S.  A higher GDP share spent on health care does not automatically lead to a better functioning health system. In the case of the U.S., high spending is mainly because of higher costs and prices, not due to higher utilization. For example, physicians’ salaries are much higher in the U.S. than in other comparable countries. A doctor in the U.S. earns almost twice as much as the average physician in Germany. Pharmaceutical spending per capita is also distinctly higher in the United States. Furthermore, the U.S. also spends more on health administrative costs compare to other wealthy countries.

Graph and download economic data for Contributions to percent change in real gross domestic product: Personal consumption expenditures: Services: Health care (DHLCRY2Q224SBEA) from Q2 1959 to Q2 2025 about contributions, health, PCE, percent, consumption expenditures, consumption, personal, services, real, GDP, and USA.

Per capita national health expenditures in the United States have increased significantly since 1960. In 2023, national health expenditures amounted to **** thousand U.S. dollars per capita. For comparison, in 1960, per capital expenditures for health stood at *** U.S. dollars. According to recent data, the U.S. has some of the highest health care costs in the world. Health care expenditures With increased per capita health expenditures, U.S. health care expenditures as a percentage of the gross domestic product (GDP) have also increased over the decades. Among developed countries, the U.S. has the highest health expenditure as a proportion of the GDP. The high level of health costs in the U.S. may be attributable to high costs for prescribed drugs and health services as well as high administrative costs. Cost areas A large proportion of all health care spending in the U.S. is attributable to hospital care and physician and clinical services. In recent years, many sectors have seen an increase in health care spending. However, data suggests that prescription drugs have seen some of the most dramatic increases in spending in recent years. The annual prescription drug expenditures in the U.S. reached an all-time high by the end of 2022.

The current health expenditure as a share of the GDP in the United States was forecast to continuously increase between 2024 and 2029 by in total 0.8 percentage points. According to this forecast, in 2029, the share will have increased for the seventh consecutive year to 17.98 percent. According to Worldbank health spending includes expenditures with regards to healthcare services and goods. It is depicted here in relation to the total gross domestic product (GDP) of the country or region at hand.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the current health expenditure as a share of the GDP in countries like Canada and Mexico.

Graph and download economic data for Personal consumption expenditures: Services: Health care (chain-type price index) (DHLCRG3Q086SBEA) from Q1 1947 to Q2 2025 about chained, health, PCE, consumption expenditures, consumption, personal, services, GDP, price index, indexes, price, and USA.

In 2022, the country with the highest share of health spending relative to its gross domestic product (GDP) in Latin America and the Caribbean was Cuba, with ** percent. It was followed by Argentina, Chile, and El Salvador, with approximately ** percent of GDP spent on healthcare, each. Meanwhile, Haiti and Guyana reported the lowest health spending relative to its GDP in the region that year, which reached the equivalent of around ***** percent.

Graph and download economic data for Personal consumption expenditures: Health (DHLTRC1A027NBEA) from 1929 to 2024 about health, PCE, consumption expenditures, consumption, personal, GDP, and USA.

In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

The global current health expenditure as a share of the GDP in was forecast to continuously increase between 2024 and 2029 by in total *** percentage points. After the seventh consecutive increasing year, the share is estimated to reach **** percent and therefore a new peak in 2029. According to Worldbank health spending includes expenditures with regards to healthcare services and goods. It is depicted here in relation to the total gross domestic product (GDP) of the country or region at hand.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to *** countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the current health expenditure as a share of the GDP in countries like North America and the Americas.

Graph and download economic data for Real personal consumption expenditures: Home health care (DHHCRX1A020NBEA) from 2007 to 2024 about health, PCE, consumption expenditures, consumption, personal, real, GDP, and USA.

In 2024, Mexico’s healthcare expenditure represented an estimated 5.9 percent of its gross domestic product (GDP), an increase of 0.2 percentage points in comparison to 2023. This figure had remained relatively stable in previous years. In that year, Mexico's GDP amounted to approximately 1.8 trillion U.S. dollars. Mexico in a global contextHealthcare expenditure is comprised of insurance, research, facility provision, and all other expenses associated with public health. Mexico's spending on healthcare in relation to its GDP is staggeringly low compared to most OECD countries. The United States, for instance, allocated approximately 17 percent of its GDP to healthcare in 2023. Furthermore, Mexico had one of the lowest levels of per capita health expenditures worldwide that year, at around 1,500 U.S dollars. This figure was equivalent to less than half of that reported by Chile, which spent 3,350 U.S. dollars per citizen on health that same year. Health coverage in the North American countryIn 2023, around 56 percent of the Mexican population was covered under one of the country’s public health care programs. Another 46 percent was affiliated to public healthcare insurance. However, despite Mexico’s efforts and investment in healthcare, a significant share of their population is still considered vulnerable due to inadequate access to health services. According to a survey carried out in Mexico in 2020, around 43 percent of respondents in whose households there was at least one member that presented symptoms of an illness did not attend a medical consultation because there were no available appointments.

The gross domestic product (GDP) of California was about 3.23 trillion U.S. dollars in 2023, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 35.07 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.

Graph and download economic data for Real Personal Consumption Expenditures: Services: Household Consumption Expenditures (for Services): Health Care (DHLCRL1Q225SBEA) from Q2 1959 to Q2 2025 about health, PCE, consumption expenditures, consumption, personal, households, services, real, GDP, rate, and USA.

The expenditure on health in Sweden as a share of the gross domestic product has been at a higher level since 2011 than what it used to be the previous years. The share of gross domestic product spent on health fluctuated since 2011 and peaked in 2020 when it reached **** percent before it started to decrease again, reaching **** percent in 2023.

Fifth-highest share among the other OECD countries In comparison with the other OECD member countries in 2023, Sweden had the **** highest expenditure on health as a share of the country’s gross domestic product. The United States had the highest share, reaching **** percent of their gross domestic product, followed by France, Germany and Switzerland. Health expenditure per capita The per capita expenditure on health in Sweden increased annually during the period from 2013 to 2023. In 2023, the amount was estimated to be over ** thousand Swedish kronor per capita.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

Global Data: GDP, Life Expectancy & More

This dataset comprises 204 entries and 38 attributes, providing a comprehensive analysis of key economic and social indicators across various countries. It includes a diverse range of metrics, allowing for in-depth exploration of global trends related to GDP, education, health, and environmental factors.

Key Features:

• GDP: Gross Domestic Product (in current US dollars), representing the total economic output of a country.
• Sex Ratio: The ratio of males to females in the population, highlighting demographic trends.
• Life Expectancy: Average lifespan for males and females, an essential indicator of healthcare quality.
• Education Enrollment Rates: Data on primary, secondary, and post-secondary education enrollment for males and females, reflecting educational attainment.
• Unemployment Rate: Percentage of the labor force that is unemployed, indicating economic health.
• Homicide Rate: Number of homicides per 100,000 population, providing insight into safety and crime levels.
• Urban Population Growth: Rate of growth in urban populations, illustrating migration trends.
• CO2 Emissions: Carbon dioxide emissions per capita, an important measure of environmental impact.
• Forested Area: Percentage of land covered by forests, indicating biodiversity and environmental health.
• Tourist Numbers: Total number of international visitors, which can reflect a country's tourism potential.

Applications and Uses:

1. Research and Analysis: Ideal for researchers studying the correlation between economic performance and social indicators. This dataset can help identify trends and patterns relevant to global development.

2. Policy Development: Policymakers can utilize this data to inform decisions on education, healthcare, and environmental policies, aiming to improve national outcomes.

3. Machine Learning and Data Science: Data scientists can apply machine learning techniques to predict economic trends, analyze social impacts, or classify countries based on various indicators.

4. Educational Purposes: Suitable for students and educators in fields like economics, sociology, and environmental science for practical data analysis exercises.

5. Visualization Projects: Perfect for creating compelling visualizations that illustrate relationships between different metrics, aiding in public understanding and engagement.

By leveraging this dataset, users can uncover insights into how different factors influence a country's development, making it a valuable resource for diverse applications across various fields.

The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.