Chart Report Title: The Proportion Of GDP Spent On Health
Keywords or Topics: health, Product
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The table presents data on the percentage of Gross Domestic Product (GDP) allocated to healthcare in five nations—the United States, Germany, France, Japan, and Italy—during the year 2002...
Overall, the United States spent a significantly higher proportion of its national income on health than any of the other four countries...
The United States stood out as a clear outlier, dedicating 14.6% of its GDP to health services. This was nearly double the proportion spent by Italy, which ranked last at 7.7%...
Japan was positioned slightly above Italy, with health spending accounting for 7.9% of its GDP. Interestingly, while the European nations of Germany and France were quite close in their allocations, there was a notable gap between the North American leader and the two lowest-spending nations in the study, amounting to approximately 7 percentage points...