Efficiency of Romania’s healthcare system ranked 36th out of 56 by Bloomberg

Newsroom 26/09/2018 | 07:21

Romania lost five places in a Bloomberg global ranking on the efficiency of national healthcare systems measured by the cost-to-expense ratio, being overtaken by states such as Italy, France, Greece, the Czech Republic and the UK.

However, the Romanian healthcare system is more efficient than those in Belgium, Germany, Hungary or Bulgaria. Bloomberg’s ranking based on public data for 2015 analyzes 56 economies with a population of at least 5 million, a life expectancy of at least 70 years, and a gross domestic product per capita of over 5,000 USD.

The efficiency of national healthcare systems is measured by three indicators: life expectancy, relative costs (percentage of GDP allocated to the system) and absolute spending (nominal cost per capita, expressed in dollars). 

The Romanian health system received 46 points, losing five places, descending on the 36th position, ranking the country alongside Peru and a little lower compared to Slovakia (47.6 points) and Great Britain (46.3 points), which allocate 6.9 percent, respectively 9.9 percent of GDP for health (between USD 1.108 and USD 4.356 per capita).

The lowest amount spent on health in Europe

Romania’s health spending amounts to 5 percent of GDP, or USD 442 per capita – the lowest amount in Europe and among the lowest in the world. Life expectancy for Romania’s inhabitants is estimated at 75 years, compared to 81 years in the UK and 76.6 years in Slovakia. 

Hong Kong has the most efficient health system in the world with a score of 87.3 points, followed by Singapore (85.6 points) and Spain (69.3 points). Those in the top 3 each spend over USD 2,200 per capita for health, and the life expectancy of their residents is over 82 years.

The top five of countries with the most efficient health systems is completed by Italy (67.6 points) and South Korea (67.4 points). The last 5 countries in the ranking are Serbia (32.2 points), Russia (31.3 points), Azerbaijan (29.6 points), USA and Bulgaria.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue