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Australia — Health spending
Health Spending (% of GDP) for Australia, 2000–2023.
Latest value · 2023
10.40%
Health Spending (% of GDP) · % of GDP · +37.0% since 2000
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%.
Key figures
Latest (2023)
10.40%
First (2000)
7.59%
Change
+37.0%
Highest
10.70%
in 2020
Lowest
7.59%
in 2000
Average
9.01%
Annual growth (CAGR)
1.38%
Years of data
24
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 10.4% |
| 2022 | 9.89% |
| 2021 | 10.52% |
| 2020 | 10.7% |
| 2019 | 10.25% |
| 2018 | 10.09% |
| 2017 | 10.11% |
| 2016 | 10.09% |
| 2015 | 10.14% |
| 2014 | 9.83% |
| 2013 | 8.75% |
| 2012 | 8.67% |
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
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.