Hungarian healthcare is underfinanced

The Gross Domestic Product (GDP)-proportional healthcare spending in Hungary is below the average for developed countries in Europe, notes a posting on the website of the Hungarian Association of Innovative Pharmaceutical Manufacturers (AIPM).

When comparing healthcare spending in the 32 European countries included in the EUROSTAT analysis, it can be concluded that Hungary spends 7.2% of its GDP on healthcare, and only nine countries spend proportionately less than this. The data show that the higher the GDP per capita of a country, the higher the amount spent on healthcare as a percentage of GDP. However, as GDP varies by country, the amount of GDP per capita is a more important and a more meaningful indicator which regrettably paints an even worse picture compared to GDP-proportionate spending. When comparing the 32 European countries included in the analysis, there are only five of them (Bulgaria, Croatia, Lithuania, Poland and Romania) that performed worse than Hungary.