The Canadian Institute for Health Information says health-care spending in Canada is projected to reach a new high in 2024.

The annual report released Thursday says total health spending is expected to hit $372 billion, or $9,054 per Canadian.

CIHI香蕉视频直播檚 national analysis predicts expenditures will rise by 5.7 per cent in 2024, compared to 4.5 per cent in 2023 and 1.7 per cent in 2022.

This year香蕉视频直播檚 health spending is estimated to represent 12.4 per cent of Canada香蕉视频直播檚 gross domestic product. Excluding two years of the pandemic, it would be the highest ratio in the country香蕉视频直播檚 history.

While it香蕉视频直播檚 not unusual for health expenditures to outpace economic growth, the report says this could be the case for the next several years due to Canada香蕉视频直播檚 growing population and its aging demographic.

Canada香蕉视频直播檚 per capita spending on health care in 2022 was among the highest in the world, but still less than countries such as the United States and Sweden.

The report notes that the Canadian dental and pharmacare plans could push health-care spending even further as more people who previously couldn香蕉视频直播檛 afford these services start using them.