Wednesday, July 6, 2011

OECD Spending On Healthcare Versus US Spending


This graph shows healthcare spending as a percent of GDP and spending per capita in OECD countries including the US. US spending as a percent of GDP was 17.4% versus the OECD average of 9.5%. US spending per capita was 2.5 times the OECD average of $3223.

The graph shows spending by government and by private healthcare providers. The US hybrid system is unique. Government spending on healthcare as a percent of GDP is about equal to the OECD average, but private spending is well above the OECD average. Government spending seems to have little impact on private spending relative to the OECD average.

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