evidence: Current healthcare expenditure relative to GDP, 2020 [...] Germany and France had the highest current healthcare expenditure relative to GDP in 2020 [...] Figure 3 provides another analysis of the change in overall healthcare expenditure between 2012 and 2020, focusing on the ratio between this expenditure and GDP. Healthcare expenditure and GDP are both influenced by price changes and so, when combining the two indicators in a ratio, the impact of inflation may be cancelled out to some degree: this depends on the extent to which the price changes related to healthcare expenditure are similar to those experienced for the economy as a whole.