Healthcare Spending: Australia
Australia's healthcare spending is currently 10.399 % of GDP as of 2023. # Australia Healthcare Spending Australia allocated 10.
Current (2023)
10.399 % of GDP
+5.1% y/y
Peak (2020)
10.703 % of GDP
Low (2000)
7.589 % of GDP
Source
World Bank World Development Indicators
2000–2023 · 24 pts
Healthcare Spending — Australia
2000 — 2023
Healthcare Spending — Australia
Analysis# Australia Healthcare Spending
Australia allocated 10.399% of GDP to healthcare in 2023, reflecting sustained investment in its medical system. This figure sits just below the all-time peak of 10.703% recorded in 2020, during the COVID-19 pandemic. Since 2000, healthcare spending has climbed 37.0%, rising from a low of 7.589% of GDP. The long-term upward trajectory demonstrates Australia's commitment to expanding healthcare capacity alongside economic growth.
A sharp spike occurred in 2020 as pandemic-related expenses drove spending to its highest level on record. Spending subsequently declined to 9.892% in 2022 before rebounding to 10.399% in 2023, suggesting stabilization around the 10% threshold. This recent recovery indicates Australia continues prioritizing healthcare investment despite economic pressures, with spending expected to remain elevated relative to early-2000s levels.
Historical Data
24 Rows| Year | Value | Change % |
|---|---|---|
| 2023 | 10.399 % of GDP | +5.13% |
| 2022 | 9.892 % of GDP | -5.93% |
| 2021 | 10.516 % of GDP | -1.75% |
| 2020 | 10.703 % of GDP | +4.38% |
| 2019 | 10.254 % of GDP | +1.64% |
| 2018 | 10.089 % of GDP | -0.20% |
| 2017 | 10.109 % of GDP | +0.19% |
| 2016 | 10.09 % of GDP | -0.45% |
| 2015 | 10.136 % of GDP | +3.13% |
| 2014 | 9.828 % of GDP | +12.36% |
| 2013 | 8.747 % of GDP | +0.89% |
| 2012 | 8.67 % of GDP | +1.59% |
| 2011 | 8.534 % of GDP | +1.37% |
| 2010 | 8.419 % of GDP | -1.45% |
| 2009 | 8.543 % of GDP | +3.59% |
| 2008 | 8.247 % of GDP | +2.42% |
| 2007 | 8.052 % of GDP | +1.00% |
| 2006 | 7.972 % of GDP | +0.09% |
| 2005 | 7.965 % of GDP | -1.46% |
| 2004 | 8.083 % of GDP | +2.62% |
Show all 24 rows
| Year | Value | Change % |
|---|---|---|
| 2003 | 7.877 % of GDP | +0.06% |
| 2002 | 7.872 % of GDP | +2.58% |
| 2001 | 7.674 % of GDP | +1.12% |
| 2000 | 7.589 % of GDP | — |
Related Data
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For Australia
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Demographics
People & population data