Australia — Health spending
Health Spending (% of GDP) for Australia, 2000–2023.
Health spending for Australia was 10.40% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 10.70% in 2020. The lowest was 7.59% in 2000 (about 1.4× the low point). Across that span the compound annual growth rate works out to 1.38% per year.
Australia ranks 24 of 189 economies on this measure (1 = highest), putting it in the top 13%. The median for East Asia & Pacific is 5.94%, so Australia sits above it. It peaked in 2020 and has fallen 3% since. Over the last decade (2013–2023) the figure moved up 19%. Within East Asia & Pacific it ranks 8 of 29 economies; New Zealand (10.06%) is just below it. Its sharpest one-year move was up 12% in 2014. That is 3% above this series' own ten-year average.
Data highlights
Doubling roughly every 51 years at that pace.
World ranking. Climbed: 34th of 184 in 2000 → 44th of 188 in 2010 → 28th of 189 in 2020 → 23rd of 188 in 2023.
Key figures
Full history — 2000 to 2023
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 10.4% | +0.5 pp |
| 2022 | 9.89% | -0.6 pp |
| 2021 | 10.52% | -0.2 pp |
| 2020 | 10.7% | +0.4 pp |
| 2019 | 10.25% | +0.2 pp |
| 2018 | 10.09% | -0.0 pp |
| 2017 | 10.11% | +0.0 pp |
| 2016 | 10.09% | -0.0 pp |
| 2015 | 10.14% | +0.3 pp |
| 2014 | 9.83% | +1.1 pp |
| 2013 | 8.75% | +0.1 pp |
| 2012 | 8.67% | +0.1 pp |
| 2011 | 8.53% | +0.1 pp |
| 2010 | 8.42% | -0.1 pp |
| 2009 | 8.54% | +0.3 pp |
| 2008 | 8.25% | +0.2 pp |
| 2007 | 8.05% | +0.1 pp |
| 2006 | 7.97% | +0.0 pp |
| 2005 | 7.96% | -0.1 pp |
| 2004 | 8.08% | +0.2 pp |
| 2003 | 7.88% | +0.0 pp |
| 2002 | 7.87% | +0.2 pp |
| 2001 | 7.67% | +0.1 pp |
| 2000 | 7.59% | — |
Frequently asked questions
What was Australia’s Health spending in 2001?
7.67% (2001). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Australia’s Health spending growing or shrinking?
Between 2000 and 2023 the series was growing overall: +37.0% in total — about 1.4% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SH.XPD.CHEX.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2023: 10.4%; 2022: 9.89%; 2021: 10.52%; 2020: 10.7%; 2019: 10.25%. Earlier years are in the full-history table below.
Related data
SH.XPD.CHEX.GD.ZS — Health Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.