Infographic: U.S. Healthcare Spending

May 13, 2022

Improving our healthcare system to deliver better quality care at lower cost is critically important to our nation’s long-term economic and fiscal well-being.

The rising cost of healthcare is one of the key drivers of our growing national debt, which crowds out important investments in our future economy, including priority areas like education, research, and development, and infrastructure.

Although the United States spends significantly more per person on healthcare than other industrialized nations, our health outcomes are no better — and often worse.

As lawmakers consider changes to healthcare reform, the infographic below highlights some key facts about the American healthcare system. To learn more about possible policy options, see our discussion of healthcare solutions or visit the Peterson Center on Healthcare.

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Infographic: Healthcare Spending in the U.S.

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Tweet: #Healthcare spending (public and private) rose to 20% of our #GDP in 2020.

Tweet: U.S. per person spending on #healthcare is nearly 3x the average of other developed countries.

Tweet: The U.S. spends more per person on #healthcare than other developed countries, but our outcomes are no better.

Tweet: The estimated waste in U.S. #healthcare spending is more than we spend on K-12 education.

Tweet: Rising #healthcare costs are a major driver of our rising #NationalDebt.

Tweet: Millions of Americans rely on #Medicare, #Medicaid, and #CHIP.

What Does the Debt Mean for Our Future?

We all have a responsibility to build a brighter fiscal and economic future for the next generation.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.