Expenditure on healthcare in the UK
Total UK healthcare expenditure as a share of GDP was measured amongst the lowest of the G7 countries (Canada, France, Germany, Italy, Japan, UK, USA) with only Italy spending less as a share of their GDP across the series, a new release from the Office for National Statistics reveals.
Other key statistics include:
– Total expenditure on healthcare in 2012 was £144.5bn. Healthcare expenditure growth was strong between 1997 and 2009 with an average annual growth rate of 8.0%. Since 2009 growth rates have slowed significantly to an average of 1.6%.
– Private healthcare expenditure fell by -1.4% in 2012 as compared to 2011, while public healthcare expenditure rose by 2.5% over the same period.
