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ECONOMY

Cyprus Expenditure On Healthcare At 6,7% Of GDP, Well Below European Average

Cyprus Expenditure On Healthcare At 6,7% Of GDP, Well Below European Average

The most recent statistics from Eurostat on current healthcare expenditure (public and private) show that on average in the EU, healthcare expenditure amounted to 9.9% of GDP in 2018. Among the EU Member States, the largest shares were recorded in Germany (11.5% of GDP) and France (11.3%), followed by Sweden (10.9%).

 

In contrast, the lowest shares of healthcare expenditure were recorded in Luxembourg (5.3% of GDP) and Romania (5.6%), with Cyprus not far behind (6.7%).

 

Relative to population size, healthcare expenditure was highest among the EU Member States in Denmark (€5,260 per inhabitant), Luxembourg (€5,220) and Sweden (€5,040) in 2018, while it was lowest in Romania (€580) and Bulgaria (€590). Cyprus expenditure relative to population size was in the range of €1,645.

 

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