Health expenditure Australia 2011–12

Expenditure on health in Australia was estimated to be $140.2 billion in 2011–12, up from $82.9 billion in 2001–02. This expenditure was 9.5% of GDP in 2011–12, up from 9.3% in 2010–11 and up from 8.4% in 2001–02. The estimated recurrent expenditure on health was $5,881 per person. Governments funded 69.7% of total health expenditure, a slight increase from 69.1% in 2010–11. The largest components of health spending were public hospital services ($42.0 billion, or 31.8% of recurrent expenditure), followed by medical services ($23.9 billion, or 18.1%) and medications ($18.8 billion, or 14.2%).