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Gross Domestic Product (GDP) - Essay Example

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At one end of the spectrum, there are the developed countries that spend substantial sum on healthcare and at the other; there are underdeveloped countries that spend a small percentage of their GDP on healthcare.
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Gross Domestic Product (GDP)
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Gross Domestic Product (GDP)

It is pertinent to note that healthcare spending in year 2001, in Bangladesh, was 3.0 percent of GDP. Against this, the US spending in 2011 is huge to the tune of 17.9 percent of GDP. In 2001, the US spent 14.1 percent of GDP on healthcare. It is important to note that he US social security expenditure on health in the US, in 2011, is 88 percent; however, that stands nil in case of Bangladesh.
In 2011, life expectancy of male and female in Bangladesh was 69 and 70 respectively. That has gone up when compared with the figures of year 2000. In year 2000, life expectancy at birth in Bangladesh was 65 for male and female ... Read More
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