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The United States currently ranks highest in healthcare spending among the developed nations of the world. According to data released by the Organisation for Economic Co-operation and Development (OECD) in 2022 (latest information), the U.S. rate was a staggering $12,555 per capita.
Switzerland had the second-highest healthcare budget in 2022, with expenditures of $8,049 per capita. Germany, Norway, and Austria round out the top five, spending between $7,000 and $8,000 per capita each.
Key Takeaways
- Healthcare spending is a critical…