The correlation between healthcare spending and life expectancy

Hat tip FiveThirtyEight.

healthscatter.png

once you remove the U.S., there’s a strong correlation between spending and life expectancy, and this is super-clear from the scatterplot.

For more information behind this chart, click the link below.

Source

Healthcare spending and life expectancy: a comparison of graphs – Andrew Gelman, Columbia University

About 

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.