Oct 23, 2023
Healthcare Costs in Advanced Economies (2023 Data)
What we’re showing
This graphic lists the average healthcare costs per person in various OECD countries, using the latest figures from the OECD (published July 2023).
Key takeaway
The U.S. healthcare system is the most expensive in the world, with costs far exceeding those in other advanced economies.
Context
One reason for America’s high healthcare costs is drug prices, which are not regulated or negotiated by the government. According to a 2019 survey by the Kaiser Family Foundation, 1 in 4 Americans struggle to afford their medications.