Spending on Healthcare Rising in Asia-Pacific

Life expectancy is improving in Asia-Pacific, infant mortality falling and health spending rising, says OECD.

 

The OECD’s new Health at a Glance: Asia/Pacific 2010 says that Asian economies spend just over US$500 per person per year on health, against over US$3000 in OECD countries.  This amounts to more than 4% of GDP, on average, compared to over 9% in OECD countries.

 

The report presents key indicators on health and health systems for 27 Asia/Pacific countries and economies, including four OECD member countries (Australia, Japan, New Zealand and the Republic of Korea).

 

According to the report, the share of public spending in total health spending is much lower in Asia compared to OECD countries: 59% vs. 72% respectively. The growth rate in per capita health spending in real terms was 4.9% per year in Asia, on average between 1998-2008, higher than the 4.1% observed across OECD countries. The growth rate for Cambodia, China, the Republic of Korea, and Vietnam was even more rapid – almost twice the average rate for the region.

 

 

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