Cross-country variation in health expenditure may be the result of differences in the prices of goods and services or differences in the volume of care, or a mix of both. Separating health spending into volume and price measures helps policy makers better understand the drivers of cross-country variations, and helps them decide what policy responses should be put in place to address health spending trends. Such policies may differ if, for example, a country’s high health care spending is due to relatively high volume of goods and services consumed or to the relatively high price a country pays for those goods or services.
The OECD have recently published new findings on these international comparisons.
To download the document on International comparisons of health prices and volumes from the oecd.org website