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Singapore — Health spending
Health Spending (% of GDP) for Singapore, 2000–2023.
Latest value · 2023
4.49%
Health Spending (% of GDP) · % of GDP · +34.3% since 2000
Health spending for Singapore was 4.49% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 5.70% in 2020. The lowest was 2.84% in 2007 (about 1.6× the low point). Across that span the compound annual growth rate works out to 1.29% per year.
Singapore ranks 137 of 189 economies on this measure (1 = highest), putting it in the top 72%. The median for East Asia & Pacific is 5.94%, so Singapore sits below it. It peaked in 2020 and has fallen 21% since. Over the last decade (2013–2023) the figure moved up 22%.
Key figures
Latest (2023)
4.49%
First (2000)
3.34%
Change
+34.3%
Highest
5.70%
in 2020
Lowest
2.84%
in 2007
Average
3.76%
Annual growth (CAGR)
1.29%
Years of data
24
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 4.49% |
| 2022 | 4.33% |
| 2021 | 5.15% |
| 2020 | 5.7% |
| 2019 | 4.41% |
| 2018 | 4.07% |
| 2017 | 4.36% |
| 2016 | 4.38% |
| 2015 | 4.18% |
| 2014 | 3.87% |
| 2013 | 3.68% |
| 2012 | 3.32% |
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.