Current Canada Healthcare Expenditures: 372B (+8.1% vs last year)
Dec 2024
Health Expenditures reprensent an important part to the economy. About 15% of the economy goes towards healthcare.
In Canada, the government funds approximately 70% of total health expenditures, with the remaining 30% covered by private sources. In contrast, in the United States, government spending accounts for about 45% of total health expenditures, with private sources covering the remaining 55%. This reflects Canada's universal healthcare system, which relies more heavily on public funding, compared to the mixed public-private system in the U.S.
In Canada, the government funds approximately 70% of total health expenditures, with the remaining 30% covered by private sources. In contrast, in the United States, government spending accounts for about 45% of total health expenditures, with private sources covering the remaining 55%. This reflects Canada's universal healthcare system, which relies more heavily on public funding, compared to the mixed public-private system in the U.S.