Health, Economic Status, & Poverty

Economic Indicators in Germany:

Income per person (2018): 33,631.82 USD
Gross Domestic Product (2019): 3,845.63 billion USD
% GDP spent on health care (2017): 11.25%

Economic Indicators in the United States:

Income per person (2019): 33,140.80 USD
Gross Domestic Product (2019): 21,427.70 billion USD
% GDP spent on health care (2018): 17.7%

The relationship between health and productivity is that a person's health can determine their productivity in the workplace. If a person is healthy, they are more likely to be able to work at a faster pace and carry out duties easier than a person who is unhealthy or often sick. Also, the rate at which a person is absent from work due to sickness is low when employees are living a healthy lifestyle. Therefore, being healthy improves productivity.

As healthcare expenditures increase, health outcomes such as infant mortality rates and life expectancy improve. If there is not enough spending on healthcare, it could affect these health outcomes by increasing their overall rates. This is why there is a relationship between health and health expenditure.

References:

CEIC Data (2020). Germany Household Income per Capita. Retrieved from https://www.ceicdata.com/en/indicator/germany/annual-household-income-per-capita/amp

Mikulic, Matej (May 2020). Health expenditure as share of GDP by country. Retrieved from https://www.statista.com/statistics/268826/health-expenditure-as-gdp-percentage-in-oecd-countries/

The Global Economy (2020). Germany Economic Indicators. Retrieved from https://www.theglobaleconomy.com/Germany/

Trading Economics (2019). United States GDP 1960-2019. Retrieved from https://tradingeconomics.com/united-states/gdp