Healthcare expenditure growth rate United Kingdom 1998 to 2021
The healthcare spending growth rate in the United Kingdom (UK) has experienced fluctuations since 1998. Then, the healthcare spending growth rate was 5.7 percent and by 2021 the healthcare spending growth was highest at 9.7 percent. 2003 saw the second highest healthcare spending growth rate at 8.6 percent, while in 2013, the growth rate was only one percent, a significant decrease from the preceding years.
Health expenditure in the UK compared to Europe
In 2019, the UK spent just 10.3 percent of its GDP on healthcare. In comparison to other European countries, this ranked the UK seventh in terms of health expenditure in 2019. Top of the list was Switzerland, which spent 12.1 percent of its’ GDP on healthcare in this year.
Consequences from low spending growth?
The majority of surveyed individuals in the UK, regard the NHS as a world class health service and remain happy with the high level of care provided by the organization. Although waiting times have been getting worse in the A&E department over the years. The NHS has been falling behind the target that 95 percent of patients should be seen within four hours of arrival. As a result, the primary reasons for dissatisfaction with the NHS among the public are the length of time required to get a GP or hospital appointment and the lack of staff.
Health expenditure in the UK compared to Europe
In 2019, the UK spent just 10.3 percent of its GDP on healthcare. In comparison to other European countries, this ranked the UK seventh in terms of health expenditure in 2019. Top of the list was Switzerland, which spent 12.1 percent of its’ GDP on healthcare in this year.
Consequences from low spending growth?
The majority of surveyed individuals in the UK, regard the NHS as a world class health service and remain happy with the high level of care provided by the organization. Although waiting times have been getting worse in the A&E department over the years. The NHS has been falling behind the target that 95 percent of patients should be seen within four hours of arrival. As a result, the primary reasons for dissatisfaction with the NHS among the public are the length of time required to get a GP or hospital appointment and the lack of staff.
