Monday, July 23, 2012

$2.54 Trillion Spent on Healthcare in 2010

Want to know how the U.S. stacks up against the rest of the world relative to health/healthcare?  Check out the information at the Organisation for Economic Co-operation and Development (link below).

For instance, in 2010, we spent 17.6% of our GDP on healthcare.  


Who else spent a lot?  The Netherlands (12%) -- and they mandate the purchase of at least basic health insurance.

In 2010, our GDP was $14.4471 Trillion.  That's $2.54 TRILLION spent on healthcare in the US in 2010.

For comparison, The Netherlands GDP in 2010 was $774.2289 Billion, so they spent $92 Billion on healthcare in 2010.


Graphical comparison of the GDPs.  Red is the US.  Blue is The Netherlands.




Data from here, here, and other publicly available sources.



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