Health spending to increase in OECD countries by 2024


Saccording to the “Health Panorama 2025” report produced by the OECD, 38 countries in the region allocated an average of 9.3% of their GDP to health in 2024. This percentage is higher than that recorded in 2023 (9.1%), but lower than the peak of 9.6% reached in 2020 and in 2021, during the Covid-19 pandemic. However, the share of GDP dedicated to health in 2024 will still be well above the 8.8% figure in 2019, before the start of the health crisis.

With a GDP of 17.2% in 2024, the United States is by far the country with the highest health spending. Germany is in second place (12.3% of GDP), followed by Austria and Switzerland (11.8% of GDP). France is ranked fifth, with health spending representing 11.5% of GDP in 2024.

France ranks twelfth in per capita spending

On the other hand, this proportion is in Turkey (4.7% of GDP) and Mexico and Luxembourg (5.9% of GDP) which is the lowest among OECD countries. Additionally, health spending represents only 2.7% of GDP in Indonesia, 3.2% in India, and 5.2% in China.


To find



Kangaroo today

Answer



In 2024, per capita health spending will also be set on average across OECD countries at $5,967 (around €5,150) – after adjusting exchange rates to account for differences in purchasing power. Once again, the United States leads with health spending of 14,885 dollars per capita (about 12,850 euros), or 2.5 times the OECD average. Switzerland came in second ($9,963), followed by Norway ($9,393) and Germany ($9,365).

With per capita health expenditure of 7,363 dollars (approximately 6,350 euros) in 2024, France is twelfth in this ranking in the OECD area, where Mexico takes last place (1,588 dollars). Finally, among developing countries, per capita health spending last year was $334 in India, $417 in India, $959 in Peru, and $1,223 in China.