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7 Countries That Spend Most On Health Care

Friday, 22 August 2014, 00:13 IST
By SiliconIndia
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2. Norway



Health expenditure per capita: $6,140



Life expectancy: 81.5 years



Norway's health care spending as a percent of GDP with the OECD average is around 9.3 percent. The GDP of Norway was exceptionally high last year that was nearly $55,000 per capita the second highest among OECD nations. Perhaps due to the country's well-funded health care system, residents were relatively healthy.



Norwegians 15-years or older drank considerably less than their fellow residents in other OECD nations, consuming just 6.2 liters per capita. They were also among the worlds happiest, rating their lives 7.7 on a scale of one to 10 on average, second only to the Switzerland.



3. Switzerland



Health expenditure per capita: $6,080



Life expectancy: 82.8 years



Unlike many countries in the OECD, health care expenditures in Switzerland were not significantly affected by the economic crisis. This was likely due to a high proportion of health expenditures coming from private sources 34 percent which tend to remain relatively stable during economic downturns.



Government spending accounted for just 34 percent of GDP last year, the second lowest among OECD nations. The strength of the Swiss economy likely contributed to the Swiss having the highest life satisfaction score among OECD countries.

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