Home » Tags » Health economics
Health economics
Analyzing the Relationship Between Healthcare Expenditure and GDP
December 3, 2023
What impact does healthcare spending have on a nation's GDP?
Healthcare spending contributes to GDP through the production of healthcare services and related industries. Increased healthcare expenditure often correlates with higher GDP, reflecting a growing healthcare sector. However, excessive spending might also strain government budgets, affecting other economic sectors and overall GDP growth.
Tags : Healthcare Spending , GDP , Health Economics