Sick Spending

Annual US healthcare spending is $8,713/person, by far the highest in the world. Switzerland comes next at $6,325/person, followed by Norway at $5,852/person. Canada is 10th at $4,351/person, less than half the US total. Among developed nations, Korea spends the least at $2,275/person. As a percentage of GDP, US spending is a staggering 16.4%, followed by Netherlands and Switzerland at 11.1%. Ireland’s spending is the lowest among developed nations, 8.1%.