Home ยป How Much Do Rich Countries Spend on Healthcare?
Economic Rankings

How Much Do Rich Countries Spend on Healthcare?

How Much Do Rich Countries Spend on Healthcare?

According to the OECD data, the United States spends close to $14,885 per person on healthcare every year. That is not just the highest number, it is far ahead of everyone else. In fact, it is almost fifty percent higher than the country in second place, Switzerland, which spends around $9,963. After the US and Switzerland, a group of wealthy European countries follow closely behind.

Norway, Germany, and the Netherlands all spend more than $8,000 per person each year. This shows that it is mostly wealthy Western nations, especially in Europe and North America, that spend the most on healthcare.

Key Takeaways

  • The United States spends far more per person on healthcare than any other country, and the gap between it and the rest of the world is very large.
  • Several major and well-respected economies, including Japan, Spain, and Italy, actually spend less than the OECD average every year.
  • A country’s size does not decide how much it spends on healthcare. Smaller nations like Luxembourg and Ireland spend more per person than many much bigger countries.

Healthcare Spending Per Capita

The table below shows healthcare spending per person in purchasing power parity (USD PPP) for selected OECD countries. The figures are based on the latest data published by the Organisation for Economic Co-operation and Development (OECD).

RankCountryHealth Expenditure per Capita (USD PPP)
1๐Ÿ‡บ๐Ÿ‡ธ United States14,885
2๐Ÿ‡จ๐Ÿ‡ญ Switzerland9,963
3๐Ÿ‡ณ๐Ÿ‡ด Norway9,393
4๐Ÿ‡ฉ๐Ÿ‡ช Germany9,365
5๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands8,436
6๐Ÿ‡ฆ๐Ÿ‡น Austria8,401
7๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg8,087
8๐Ÿ‡ธ๐Ÿ‡ช Sweden7,871
9๐Ÿ‡ฎ๐Ÿ‡ช Ireland7,813
10๐Ÿ‡ง๐Ÿ‡ช Belgium7,750
11๐Ÿ‡ฆ๐Ÿ‡บ Australia7,469
12๐Ÿ‡ซ๐Ÿ‡ท France7,367
13๐Ÿ‡จ๐Ÿ‡ฆ Canada7,301
14๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark7,071
15๐Ÿ‡ฎ๐Ÿ‡ธ Iceland6,770
16๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom6,747
17๐Ÿ‡ซ๐Ÿ‡ฎ Finland6,655
18๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand6,097
19๐ŸŒ OECD38 Average5,967
20๐Ÿ‡ฏ๐Ÿ‡ต Japan5,790
21๐Ÿ‡ธ๐Ÿ‡ฎ Slovenia5,527
22๐Ÿ‡ช๐Ÿ‡ธ Spain5,346
23๐Ÿ‡ต๐Ÿ‡น Portugal5,212
24๐Ÿ‡ฎ๐Ÿ‡น Italy5,164
25๐Ÿ‡จ๐Ÿ‡ฟ Czechia5,014
26๐Ÿ‡ฐ๐Ÿ‡ท Korea4,797
27๐Ÿ‡ฎ๐Ÿ‡ฑ Israel4,352
28๐Ÿ‡ต๐Ÿ‡ฑ Poland4,284
29๐Ÿ‡ฑ๐Ÿ‡น Lithuania4,259
30๐Ÿ‡ธ๐Ÿ‡ฐ Slovak Republic4,021
31๐Ÿ‡ช๐Ÿ‡ช Estonia3,768
32๐Ÿ‡จ๐Ÿ‡ฑ Chile3,749
33๐Ÿ‡ฌ๐Ÿ‡ท Greece3,607
34๐Ÿ‡ฑ๐Ÿ‡ป Latvia3,411
35๐Ÿ‡ญ๐Ÿ‡บ Hungary3,303
36๐Ÿ‡ฆ๐Ÿ‡ท Argentina*3,234
37๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria*2,860
38๐Ÿ‡ญ๐Ÿ‡ท Croatia*2,815
39๐Ÿ‡ท๐Ÿ‡ด Romania*2,311
40๐Ÿ‡น๐Ÿ‡ท Tรผrkiye*2,309
41๐Ÿ‡จ๐Ÿ‡ท Costa Rica*1,935
42๐Ÿ‡ง๐Ÿ‡ท Brazil1,898
43๐Ÿ‡จ๐Ÿ‡ด Colombia1,877
44๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico1,588
45๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa*1,345
46๐Ÿ‡จ๐Ÿ‡ณ China*1,223
47๐Ÿ‡น๐Ÿ‡ญ Thailand*1,102
48๐Ÿ‡ต๐Ÿ‡ช Peru*959
49๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia*417
50๐Ÿ‡ฎ๐Ÿ‡ณ India*334

The OECD average stands at $5,967 per person. Any country above this line is spending more than what is typical among these developed nations, and any country below it is spending less. Several well-known and historically important countries actually fall below this average. Japan, Spain, Portugal, Italy, and Czechia are all part of this group. This is surprising, since these are countries with long histories, strong economies, and healthcare systems that are often praised around the world.

United States

The US sits alone at the very top of this list, spending close to $15,000 per person on healthcare each year. This is much higher than any other country in the OECD. High healthcare costs, expensive medical services, and greater use of private health insurance all contribute to this level of spending.

Switzerland

Switzerland is the second-highest spender at USD PPP 9,963 per person. The country has on of the highest-quality healthcare systems in the world that combines private health insurance with strong government regulation.

Germany

Germany spends USD PPP 9,365 per person on healthcare. It has one of the world’s oldest universal healthcare systems that give most people access to medical care through public health insurance.

Japan

Japan is one of the largest economies in the world and is well known for having one of the longest life expectancies on earth. Yet it spends less than the OECD average, at $5,790 per person. This shows that a country does not need to spend huge amounts of money to keep its people healthy and living long lives.

Ranking Every U.S. State by Total Debt

United Kingdom

The UK is known worldwide for its National Health Service, often simply called the NHS. It spends $6,747 per person each year, which puts it a little below several of its European neighbors like Germany and France. Still, this number sits comfortably above the OECD average, showing that the UK continues to invest a solid amount into public healthcare.

Spain and Italy

Both of these countries have large populations and healthcare systems that are often praised internationally. Yet both spend noticeably less than the OECD average, Spain at $5,346 per person and Italy at $5,164 per person.

Luxembourg and Ireland

These two countries are smaller in population but quite wealthy overall. They spend more per person than many much larger countries, with Luxembourg at $8,087 and Ireland at $7,813. Part of the reason likely comes down to their small populations combined with high national income, which naturally pushes the per-person spending number higher, even if the total amount spent nationally is smaller than in bigger countries.

The Bottom Line

The OECD data show the extent to which different countries allocate resources to their health sector. The US allocates substantially higher amounts compared to other countries, while most European countries provide their citizens with healthcare services using much lower expenditures.

Latest Indicators