UK healthcare spend low among G7 nations
Britain’s spending on healthcare is next to bottom among G7 countries, the Office for National Statistics said on Tuesday. Newdata published in London by the ONS showed Britain’s total healthcare spending in the latest review year, 2014, was $220 billion, or 9.9 percent of GDP. The ONS said as a percentage of GDP, Britain spent less on healthcare than the United States, Japan, France and Germany and a similar percentage to Canada. The US spent the most on healthcare as a percentage of GDP at 16.6 percent. Out of the G7 group of countries, only Italy spent a smaller percentage of GDP on healthcare (9.1 percent) than Britain in 2014, said ONS.