The graph shows health expenditures per Chinese citizen from 2010 to 2020. In 2020, the level of per capita health expenditure amounted to about 5,112 yuan, which increased from around 4,669 yuan in the previous year.
How much of China’s GDP is spent on healthcare?
Health expenditure in China as a proportion of GDP 2010-2020
In 2020, health expenditure in China equaled about 7.1 percent of the GDP, up from 6.67 percent in the previous year.
Which country spends the most per person on health care?
Health Expenditure in the U.S.
The United States is the highest spending country worldwide when it comes to health care. In 2020, total health expenditure in the U.S. exceeded four trillion dollars. Expenditure as a percentage of GDP is projected to increase to 19 percent by the year 2025.
How much money is spent per person on health care?
Health spending per person in the U.S. was $10,966 in 2019, which was 42% higher than Switzerland, the country with the next highest per capita health spending.
How much does China spend on medical research?
Only those nations which annually spend more than 50 million dollars have been included.
|Expenditures on R&D (billions of US$, PPP)||514.798|
|% of GDP PPP||2.2|
|Expenditures on R&D per capita (US$ PPP)||368|
What is China’s healthcare system?
China achieves near-universal coverage through the provision of publicly funded basic medical insurance. … The basic medical insurance plans cover primary, specialty, hospital, and mental health care, as well as prescription drugs and traditional Chinese medicine.
Which country spends the least per person on health care?
Lowest Health Expenditures Relative To GDP Worldwide
|Rank||Country||% of GDP|
Which country has cheapest healthcare?
Top 12 Cheapest Healthcare Countries in 2021
- Cheapest Healthcare Countries: Brazil.
- Costa Rica.
Where does US rank in healthcare?
The United States ranks last overall, despite spending far more of its gross domestic product on health care. The U.S. ranks last on access to care, administrative efficiency, equity, and health care outcomes, but second on measures of care process.
What country has the best healthcare?
South Korea has the best health care systems in the world, that’s according to the 2021 edition of the CEOWORLD magazine Health Care Index, which ranks 89 countries according to factors that contribute to overall health.
Why is U.S. health care so expensive compared to other countries?
The most salient reason is that U.S. health care is based on a “for-profit insurance system,” one of the only ones in the world, according to Carmen Balber, executive director of Consumer Watchdog, who’s advocated for reform in the health-insurance market.
How much does Japan spend on healthcare?
In the fiscal year 2019, the national medical care expenses in Japan amounted to approximately 44.4 trillion Japanese yen, an increase from around 37.4 trillion Japanese yen in fiscal 2010.