Home/Countries/Grenada/Health Spending (% of GDP)

GrenadaHealth Spending (% of GDP)

Category: HealthSource: World Bank World Development IndicatorsGlobal Rank: #132 of 193Series years: 20002023
Latest Value
4.7%
2023
YoY Change
-6.9%
20222023
Global Rank
#132
of 193 countries
Maximum
6.2%
2002
Minimum
4.4%
2016
CAGR
-0.6%
24 years
Last
4.7%
Previous
5.0%
Highest
6.2%
Lowest
4.4%
Unit
% of GDP
Source
World Bank World Development Indicators

Grenada's health spending (% of GDP) was 4.7% in 2023, ranking #132 out of 193 countries. This represents a -6.9% change from 2022. Over the past 24 years, the highest recorded value was 6.2% (2002) and the lowest was 4.4% (2016). Data sourced from the World Bank World Development Indicators.

Grenada — Health Spending (% of GDP): 4.65330839 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here. The previous reference-year reading was 4.99701262 % of GDP in 2022.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20234.7%-6.9%
20225.0%-5.4%
20215.3%-0.5%
20205.3%+7.6%
20194.9%+7.6%
20184.6%-1.6%
20174.7%+4.9%
20164.4%-4.5%
20154.6%-2.7%
20144.8%-15.2%
20135.6%-3.4%
20125.8%+0.3%
20115.8%+7.1%
20105.4%-0.3%
20095.4%+0.9%
20085.4%+2.8%
20075.2%+2.4%
20065.1%-0.6%
20055.1%-4.1%
20045.4%+1.5%
20035.3%-14.4%
20026.2%+9.8%
20015.6%+5.0%
20005.4%

Top Countries — Health Spending (% of GDP)

#CountryValueYear
1Tuvalu27.1%2023
2Naoero18.2%2023
3United States16.7%2023
4Afghanistan15.0%2023
5Marshall Islands13.4%2023
6Liberia13.0%2023
7Micronesia, Fed. Sts.12.9%2023
8Lesotho12.6%2023
9Germany12.3%2024
10Austria11.8%2024
View all 193 countries →

About This Indicator

Definition

Level of current health expenditure expressed as a percentage of GDP. Estimates of current health expenditures include healthcare goods and services consumed during each year. This indicator does not include capital health expenditures such as buildings, machinery, IT and stocks of vaccines for emergency or outbreaks.

Methodology

Data is compiled from the WHO Global Health Expenditure Database, which uses the System of Health Accounts (SHA 2011) framework. National health accounts track financial flows from funding sources (government, insurance, out-of-pocket) through financing agents to health care providers and functions.

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 20002023View original source →