All figures are in current dollars.
The decline of the private share in 1998 marked the first year that public sector expenditure grew faster than private sector expenditure since 1991, at which time governments began to restrain public sector health expenditure. The total health expenditure to GDP ratio is projected to have remained at this level in 1999 and 2000. The GDP is the value of all goods and services produced in a given country. The health care spending to GDP ratio is an indicator of the extent to which a nation's resources are used in health care-related activities. In 1998, Canada and France had the third highest total health expenditure as a proportion of GDP among the G-7 industrialized countries.