Household consumption expenditure on health per household in Australia attained a value of $5,891 in 2021. It recorded a growth of 18.4% in 2021 compared to the previous year. Between 2010-2021, the household consumption expenditure on health per household in Australia increased by 24.1%. The indicator in Australia was highest in the year 2012 and lowest in the year 2010, between 2010 and 2021.
This indicator refers to consumption expenditure on health, per household. Data includes expenditures incurred by resident households on health, which includes spending on medical and pharmaceutical products, healthcare services (physicians, hospitals, and nursing homes), and paramedical services.
According to GlobalData, the United States, Taiwan, Singapore, Australia, Hong Kong, Belgium, Ireland, Luxembourg, Israel, and Canada are the countries with the highest household consumption expenditure on health per household in 2020.
Ukraine, Turkey, Azerbaijan, Thailand, Bosnia and Herzegovina, Czech Republic, Serbia, Slovakia, Mexico, and Estonia were some of the countries with the lowest household consumption expenditure on health per household in 2020.
Between 2010 and 2020, Bulgaria, Azerbaijan, Ukraine, Estonia, Poland, Latvia, Thailand, Lithuania, Israel, and Taiwan were some of the countries with the highest growth in household consumption expenditure on health per household. Cyprus, Turkey, Mexico, Greece, Norway, Canada, France, Portugal, Sweden, and Italy were some of the countries with the lowest growth in household consumption expenditure on health per household.
According to the WHO, global spending on health has more than doubled in real terms in the last two decades. Government spending predominated in high-income countries, whereas out-of-pocket spending and foreign aid accounted for the majority of health spending in low-income nations. In the last two decades, out-of-pocket expenditure increased across all income categories on a per capita basis but decreased as a share of the overall health spending.
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