As usual, the US spends a ton more money to get less results.
Over the last century, life expectancy at birth has more than doubled across the globe, largely thanks to innovations and discoveries in various medical fields around sanitation, vaccines, and preventative healthcare.
Yet, while the average life expectancy for humans has increased significantly on a global scale, there’s still a noticeable gap in average life expectancies between different countries.
What’s the explanation for this divide? According to World Bank data compiled by Truman Du, Visual Capitalist’s Carmen Ang suggests it may be partially related to the amount of money a country spends on its healthcare…
More Spending Generally Means More Years
The latest available data from the World Bank includes both the healthcare spending per capita of 178 different countries and their average life expectancy.
Perhaps unsurprisingly, the analysis found that countries that spent more on healthcare tended to have higher average life expectancies up until reaching the 80-year mark.
However, there were a few slight exceptions.
For instance, while the United States has the largest spending of any country included in the dataset, its average life expectancy of 77 years is lower than many other countries that spend far less per capita.
What’s going on in the United States? While there are several intermingling factors at play, some researchers believe a big contributor is the country’s higher infant mortality rate, along with its higher relative rate of violence among young adults.
On the other end of the spectrum, Japan, Singapore, and South Korea have the highest life expectancies on the list despite their relatively low spending per capita.
https://www.visualcapitalist.com/cp/healthcare-spending-versus-life-expectancy-by-country/