The Office for National Statistics has released figures today that show how much the UK spends on healthcare in relation to its international peers.
In 2017, the UK spent £197 billion, which works out £2,989 per person on healthcare, the median figure for members of the Organisation for Economic Co-operation and Development (OECD) which was £2,913 per person.
The report goes into detail about the healthcare spending of the G7 group of large, developed economies, including here in the UK, where the spending per person was the second-lowest of the group.
The lowest spenders were Mexico, with a spend of £837 per person.
The highest spenders were:
- The United States – £7,736
- Germany – £4,432
- France – £3,737
The United States spent considerably more than any other OECD country per person and more than two and a half times per person in the UK.
When it came to long-term health-related care in 2017, the UK spent the equivalent of £560 per person, which was less than most other northern or western European countries, but a similar amount to France (£569) and Canada (£556).
Between 2013 and 2017, the percentage of GDP spent on healthcare has fallen slightly, from 9.8% in 2013 to 9.6% in 2017.
Despite health spending increasing every year during this period by an average of 3.5%, the rate of growth in the economy was faster, at an average growth rate of 3.9%, Italy and France were the only other G7 countries for which health spending as a percentage of GDP was lower in 2017 than in 2013.
To find out more and read the report yourself, visit this link.
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