In this article, we will take a look at the 5 countries with the best healthcare in the world. If you want to see the detailed analysis, head straight to the 15 Countries With The Best Healthcare In The World.
5. Taiwan
Insider Monkey Score: 1.5
Taiwan’s healthcare system is imposing, and the financials are a testament to its success. The country spent around 6.4% of its GDP on healthcare, significantly lower than other developed countries. Despite this, Taiwan boasts some of the best health outcomes in the world.
Its life expectancy is one of the highest, at 80.9 years. The country has one of the lowest infant mortality rates, at just 3.22 deaths per 1,000 live births. These impressive financial statistics are a testament to the effectiveness of Taiwan’s healthcare system and the dedication of its healthcare providers.
4. Japan
Insider Monkey Score: 1.5
Japan’s healthcare system is known not only for its quality and accessibility but also for its affordability. In 2019, the country spent 10.74% of its GDP on healthcare. The average out-of-pocket expenses for Japanese citizens were also low, at only 9% of total healthcare costs. Additionally, the country has a high life expectancy of 84.6 years, among the highest in the world. These financial statistics further emphasize the effectiveness of Japan’s healthcare system.
3. Sweden
Insider Monkey Score: 1.8
Sweden’s universal healthcare system provides accessible and quality care, with healthcare expenditure around 10.9% of GDP in 2019. The country’s investment in digital healthcare technologies, including electronic medical records, enhances efficiency and patient care.
2. Norway
Insider Monkey Score: 2.1
Norway’s unique healthcare system thrives on significant government investment, around 10% of GDP in 2021 and stands 2nd among the countries with the best healthcare in the world. It boasts advanced medical technologies, including the world’s first fully digital hospital. Norway achieves a high-ranking healthcare system that offers accessible and high-quality care for all citizens.
1. Belgium
Insider Monkey Score: 2.1
Belgium’s healthcare system is highly regarded for its quality and accessibility. It has universal healthcare, ensuring access for all residents. Emphasizing preventative care, the system focuses on early detection and cost-effective measures. Belgium boasts a strong network of healthcare providers and renowned medical research institutions like University of Antwerp, Hasselt University, and KU Leuven, among others. With a total healthcare expenditure of 10.7% of GDP in 2019, the system is funded by government subsidies, social security contributions, and out-of-pocket payments. It offers efficient and cost-effective care compared to other European countries.
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