Good health and wellbeing is important—it influences not just how a person feels, but has impacts for society as a whole. The availability and quality of health and welfare programs are central to delivering these outcomes, but difficult to evaluate. Information about expenditure on health and welfare gives an indication of the priority placed on these goods and services among all others in the economy. In Australia, more is spent on health and welfare, both in dollar terms and as a proportion of spending overall, than any other type of expenditure.
Health expenditure Australia 2015–16
was spent on health in 2014–15—or 10% of Australia’s gross domestic product (GDP)—up from $103 billion, or 8.8% of GDP in 2004–05
was spent on hospitals in 2014–15 and $56 billion was spent on primary health care
was spent by governments on welfare in 2012–13—this compares with $108 billion in 2003–04
of funding for health spending in 2014–15 was contributed by governments and $53 billion by non-government sources
growth in annual health spending between 2013–14 and 2014–15 was below the 10-year average of 4.6%
average annual growth in welfare spending was recorded between 2003–04 and 2012–13
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