Medicare outlays and forecast U.S. as a percentage of GDP 2032

Medicare outlays amounted to 868 billion U.S. dollars in 2021, which was about 3.9 percent of the U.S. GDP. The forecast predicts an increase in Medicare outlays up to 1.92 trillion U.S. dollars in 2032, which would be about 5.9 percent of the projected U.S. GDP.

Medicare outlays and forecast in the United States from 2000 to 2032 (as a percentage of GDP)

Characteristic	Percentage of GDP
2032*	5.3%
2031*	5%
2030*	4.9%
2029*	4.5%
2028*	4.9%
2027*	4.5%
2026*	4.3%
2025*	4.1%
2024*	3.8%
2023*	3.9%
2022*	4%
2021	3.9%
2020**	4.36%
2019**	3.6%
2018	3.5%
2017	3.6%
2016	3.7%
2015	3.5%
2014	3.5%
2013	3.5%
2012	3.4%
2011	3.6%
2010	3.5%
2009	3.5%
2008	3.1%
2007	3.1%
2006	2.8%
2005	2.6%
2004	2.5%
2003	2.4%
2002	2.3%
2001	2.3%
2000	2.1%

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Release date

May 2022

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Region

United States

Survey time period

2000 to 2021

Supplementary notes

* Projections.

Values for 2019-2020 are calculated by Statista using GDP figures from the source's 10-Year Economic Projections, available here.

Values prior to 2019 taken from previous reports, page 159, available here. Values after 2020 taken from The Budget and Economic Outlook Fiscal Years 2022, page 59, available here.

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