5 Countries with the Most Expensive Healthcare in the World

In this article, we will take a look at the 5 countries with the most expensive healthcare in the world. If you wish to see our detailed analysis, you can go to 20 Countries with the Most Expensive Healthcare in the World.

5. Austria

Per Capita Health Spending: $7,275

Health insurance is mandatory in Austria while the coverage is high. Health expenditure in the country is one of the highest among other EU nations. The aging population and rising risk of diseases also contribute to Austria’s health spending. Thus, Austria ranks as one of the 20 countries with expensive healthcare in the world.

4. Norway

Per Capita Health Spending: $7,771

Norway has one of the highest costs for healthcare globally. The country has an accessible and developed healthcare system which is relatively expensive. Norwegians need to pay an annual deductible before their treatment for the rest of the year is free.

3. Germany

Per Capita Health Spending: $8,010

The total healthcare expenditure has been on the rise in Germany. While public health insurance is income-based, private insurance is relatively expensive and available for those earning above the German income threshold. Hence, Germany ranks as another country with expensive healthcare.

2. Switzerland

Per Capita Health Spending: $8,049

Switzerland maintains a high standard of care which comes at a high price. Among other European countries, Switzerland spends a significant portion of its GDP on healthcare thereby making it one of the countries with the most expensive healthcare in the world. The high administrative and healthcare service costs also drive the health expenditure high.

1. The United States

Per Capita Health Spending: $12,553

The United States ranks as the country with the most expensive healthcare in the world. The high expenditure on healthcare can be attributed to the country’s aging population and rising cost of healthcare services. Health spending in America is more costly than many of the other developed nations.

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