Singapore Health Expenditure

4.5% +0.16 pt

Dec 2023 · Annual

Singapore's health expenditure as a share of GDP rose to 4.49% in 2023 from 4.33% in 2022. The reading remains below the all-time high of 5.70% recorded in 2020, while the series low of 2.84% dates back to 2007.

Singapore Health Expenditure, 2000–2023
ActualPreviousHighestLowestDatesFrequency
4.5%4.3%5.7%Dec 20202.8%Dec 20072000 – 2023Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Life Expectancy83.35 years83.10 years83.60 years65.56 yearsDec 2024Annual
Hospital Beds2.81 per 1,000 people2.83 per 1,000 people4.39 per 1,000 people2.14 per 1,000 peopleDec 2023Annual

About this series

Health Expenditure in Singapore averaged 3.8% from 2000 until 2023, reaching an all-time high of 5.7% in Dec 2020 and a record low of 2.8% in Dec 2007. The series is reported yearly with history from 2000.

Health expenditure as a share of GDP measures total health spending relative to the size of the economy in Singapore. The indicator is reported annually as a percentage of GDP, with data available from 2000 onward.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Singapore Health Expenditure FAQ