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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

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