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Per Capita Expenditure - Statistics & Facts

Per capita data is often used to make macroeconomic data comparable across countries of different sizes. Where absolute data is not comparable, per capita data can be used, as it is independent of country size. The most commonly used per capita indicator is the GDP per capita. While the United States dominates absolute GDP rankings, smaller countries like Luxembourg and Switzerland are on top in GDP per capita rankings. Another advantage of per capita data is that it makes numbers that are otherwise hard to grasp, more understandable by putting them into context.

The GDP per capita in the United States is was estimated to be 65,116, U.S. dollars in 2019. Alarmingly, the national debt per capita was much higher at 69,063 U.S. dollars in the same year. One large contributor to the excessive national debt of the United States is its large military expenditure. In 2019, U.S. defence/military expenditure per capita amounted to 2,072 U.S. dollars. The magnitude of this number becomes clearer when comparing it to the 6.13 U.S. dollars per capita the federal government spent on the funding of arts and culture in 2013.

Another factor contributing to the public debt problem is the United States' expenditure on health. In 2020, health expenditure per capita in the United States amounted to 10,196 U.S. dollars, which represents the highest value in the world by a wide margin.

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Per Capita Expenditure - Statistics & Facts

Per capita data is often used to make macroeconomic data comparable across countries of different sizes. Where absolute data is not comparable, per capita data can be used, as it is independent of country size. The most commonly used per capita indicator is the GDP per capita. While the United States dominates absolute GDP rankings, smaller countries like Luxembourg and Switzerland are on top in GDP per capita rankings. Another advantage of per capita data is that it makes numbers that are otherwise hard to grasp, more understandable by putting them into context.

The GDP per capita in the United States is was estimated to be 65,116, U.S. dollars in 2019. Alarmingly, the national debt per capita was much higher at 69,063 U.S. dollars in the same year. One large contributor to the excessive national debt of the United States is its large military expenditure. In 2019, U.S. defence/military expenditure per capita amounted to 2,072 U.S. dollars. The magnitude of this number becomes clearer when comparing it to the 6.13 U.S. dollars per capita the federal government spent on the funding of arts and culture in 2013.

Another factor contributing to the public debt problem is the United States' expenditure on health. In 2020, health expenditure per capita in the United States amounted to 10,196 U.S. dollars, which represents the highest value in the world by a wide margin.

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