UK healthcare spend low among G7 nations
Britain’s spending on healthcare is next to bottom among G7 countries, the Office forNational Statistics said on Tuesday. Newdata published in London by theONSshowed Britain’s total healthcare spending in the latest reviewyear, 2014, was $220 billion, or 9.9 percent ofGDP. TheONSsaid as a percentage ofGDP, Britain spent less on healthcare than theUnited States, Japan, France andGermany and a similar percentage to Canada. TheUS spent the most on healthcare as a percentage ofGDPat 16.6 percent. Out of the G7 group of countries, only Italy spent a smaller percentage ofGDPon healthcare (9.1 percent) than Britain in 2014, said ONS.