Health Economy Reporting
The Health Economy as a driver of worldwide economic growth, wealth, and employment
Health expenditures have increased over the past decades and, therefore, healthcare has been considered an economic burden. At WifOR, we are fostering a shift of the political decision maker’s view away from looking at healthcare from a cost perspective and towards a new perception of health.
Our Health Economy Reporting (HER) provides a structured approach for governments, the private sector, and the general public stakeholders to better understand the size, impact, and importance of the health economy. Acknowledged by the High-Level Commission on Health Employment and Economic Growth (World Health Organization 2016), HER is a very useful tool for advocacy and capacity building. It enables an evidence-based health policy that can steer and guide investments for health, employment and sustainable growth.
Our studies quantify the Health Economy in a new way and show the sector’s significant contribution to economic growth and employment along the value chain of care.
HER is an evidence-based monitoring tool that analyses the entire value chain of care and enables the comparison of the Health Economy and its sub-sectors to other important economic sectors. It aligns health expenditure data (surveys etc.) to national accounts allowing monitoring and planning of the Health Economy as a distinct and promising part of the overall national economy.
The calculations provided on this page are based on the following publicly accessible sources:
International values: Our calculations based on Data by World Input-Output Database.
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For further information and additional values, please contact us via the attached form.