The chart below shows health expenditure as a share of gross domestic product (GDP) in Singapore from financial years 2012 to 2021 Summarise the information by selecting and reporting the main features, and make comparisons where relevant.

The bar chart demonstrates the proportion of health expenses compared to Singapore’s gross domestic product between the

years

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2012 and 2021.

Overall

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, the cost of healthcare in Singapore slowly increased throughout the

years

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, with a steady percentage from 2015 to 2018, followed by a large surge in the year

of

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2020 and

then

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a slight decline in 2021.

To begin

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, in 2012, the health expense was at 1.3% compared to the nation’s GDP, with approximately 0.2-0.3% increase annually in the first three

years

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,

thus

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1.6%, 1.8% and 2.1% in 2013 to 2015 respectively. From 2015 to 2018, the percentage was plateaued at 2.1% of the GDP,

then

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marginally increased to 2.2% in 2019. There was a great jump in the year 2020, which drastically increased by 1%,

hence

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Singaporeans spent around 3.2% of their GDP on healthcare. Eventually, the number was decreased to 2.9% in 2021.

In other words

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, in ten

years

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, Singapore’s national health expenditures increase by 1.6% in total.