News Headlines Article

Nations see health spending outpace GDP
Modern Healthcare

Among Organization for Economic Co-operation and Development countries, real annual per-capita health spending grew 4.2% between 2000 and 2008, on average, compared with real annual per-capita growth in gross domestic product of 2.2%, newly released figures show. In 2008, the U.S. easily ranked No. 1 among 31 countries for health spending as a share of GDP at 16%, followed by France (11.2%); Switzerland (10.7%); Austria (10.5%); and Germany (10.5%). U.S. health spending per person totaled $7,538, followed by Norway, $5,003; Switzerland, $4,627; Luxembourg, $4,210; and Canada, $4,079.