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Health expenditure Australia 2014–15

Spending on health in Australia (recurrent and capital expenditure combined) was $161.6 billion in 2014–15, $4.4 billion (2.8%) higher in real terms than in 2013–14. This was the third consecutive year that growth in health expenditure was below the 10-year average (4.6% between 2004–05 and 2014–15). Growth in health expenditure per person was also relatively low, at less than a half of the average annual growth over the decade (1.4% compared with 2.9%).Despite the low growth, the share of the economy (GDP) represented by health reached 10.0% for the first time.