In 2022, health expenditure in China amounted to about 7.05 percent of the GDP, up from 6.7 percent in the previous year.
Rising healthcare expenditure
In the past four decades, China's overall healthcare spending has increased consistently. Growing government funding and private investments have led to an expansion of the health system, resulting in more healthcare facilities, more beds, and improved medical technologies. At present, more than a quarter of the nation's healthcare expenditures are out-of-pocket costs borne by patients, with the rest covered by government subsidies and medical insurance.
The improved medical insurance system
At the turn of this century, China introduced a range of statutory medical insurance programs, including the Urban Employee Basic Medical Insurance, the New Rural Cooperative Medical Scheme, and the Urban Resident Basic Medical Insurance. The programs gradually reduced the high out-of-pocket medical bills borne by Chinese patients, while providing a more stable source of income for the healthcare providers. Since around 2017, the basic medical insurance system was simplified, resulting in two insurance schemes covering 95 percent of the population.
Health expenditure in China as a proportion of gross domestic product (GDP) from 2012 to 2022
Characteristic
Health expenditure as a share of GDP
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National Bureau of Statistics of China. (October 16, 2023). Health expenditure in China as a proportion of gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/279402/health-expenditure-in-china-as-a-proportion-of-gdp/
National Bureau of Statistics of China. "Health expenditure in China as a proportion of gross domestic product (GDP) from 2012 to 2022." Chart. October 16, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/279402/health-expenditure-in-china-as-a-proportion-of-gdp/
National Bureau of Statistics of China. (2023). Health expenditure in China as a proportion of gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/279402/health-expenditure-in-china-as-a-proportion-of-gdp/
National Bureau of Statistics of China. "Health Expenditure in China as a Proportion of Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 16 Oct 2023, https://www.statista.com/statistics/279402/health-expenditure-in-china-as-a-proportion-of-gdp/
National Bureau of Statistics of China, Health expenditure in China as a proportion of gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/279402/health-expenditure-in-china-as-a-proportion-of-gdp/ (last visited September 01, 2024)
Health expenditure in China as a proportion of gross domestic product (GDP) from 2012 to 2022 [Graph], National Bureau of Statistics of China, October 16, 2023. [Online]. Available: https://www.statista.com/statistics/279402/health-expenditure-in-china-as-a-proportion-of-gdp/