OECD Health Statistics 2014 database was released on 30 June 2014 showing that health spending has started to rise again after stagnating or decreasing during the crisis. However, the pace of growth remains well below pre-crisis rates, especially in Europe.
In Europe, health spending continued to fall in 2012. By contrast, outside Europe strong growth in health spending in 2012 is noticed largely due to further efforts towards universal coverage and access to healthcare.
Overall health spending accounted for 9.3% of GDP on average across OECD countries in 2012, little changed from 9.2% in 2011.
Regarding pharmaceutical spending continued reductions have been experienced by two-thirds of OECD countries. Reductions have been driven by Price cuts and a growing share of the generic market. The share of the generic market grew on average by 20% between 2008 and 2012 to reach 24% of the total pharmaceutical expenditure.
The OECD Health Database offers the most comprehensive source of comparable statistics on health and health systems across OECD countries
Access the 2014 online database.