Canada’s Health Spending Hits Slowest Growth Rate Since 1997

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Canada’s Health Spending Hits Slowest Growth Rate Since 1997

How much is being spent on health care?

Health spending in Canada is projected to grow by approximately $4.5 billion this year to reach $214.9 billion in 2014. This amounts to $6,045 per Canadian, about $61 more per person than last year.

The rate of growth in health spending (2.1%) continues to be less than inflation and population growth combined. Health spending decreased by an average 0.4% per year in the last four years after adjusting for these factors.


Overall, health expenditure is expected to represent 11% of Canada’s GDP in 2014, a share that has fallen gradually in the past few years—down from an all-time high of 11.6% in 2010.

 

Source

Canadian Institute for Health Information. National Health Expenditure Trends, 1975 to 2014


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