Medical Bankruptcies by Country 2022

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Medical bankruptcies occur when consumers are forced to declare bankruptcy because of the cost of medical treatments. However, there is no single definition of a “medical bankruptcy.”

In a 2009 study of all bankruptcies in 2007, researchers classified a “medical bankruptcy” as one where persons had mortgaged a home to pay medical bills, had medical bills greater than $1,000, or had lost at least two weeks of work due to illness. According to that definition, 62.1 percent of all bankruptcies in the United States were “medical bankruptcies.” A 2015 study by the Kaiser Family Foundation found that medical bills caused 1 million U.S. adults to declare bankruptcy every year and that 26 percent of Americans age 18 to 64 struggled to pay medical bills. The most common cause of medical debt, according to this study, was an unexpected refusal by insurance companies to pay for a medical procedure.

As it turns out, medical bankruptcy is almost unheard of outside of the United States. Other developed economies (except China) have single-payer health care systems where medical costs are financed by taxes, not by premium-financed insurance. In these countries, there are no out-of-pocket costs for medical care and thus no bankruptcy caused by medical debts. In countries without single-payer systems besides the United States, there is generally no requirement that medical procedures be provided without payment, and thus procedures are paid for prior to treatment being rendered.

Medical Bankruptcies by Country 2022

Country 2022 Population
China1,448,471,400
India1,406,631,776
United States334,805,269
Indonesia279,134,505
Pakistan229,488,994
Nigeria216,746,934
Brazil215,353,593
Bangladesh167,885,689
Russia145,805,947
Mexico131,562,772
Japan125,584,838
Ethiopia120,812,698
Philippines112,508,994
Egypt106,156,692
Vietnam98,953,541
DR Congo95,240,792
Iran86,022,837
Turkey85,561,976
Germany83,883,596
Thailand70,078,203
United Kingdom68,497,907
France65,584,518
Tanzania63,298,550
South Africa60,756,135
Italy60,262,770
Kenya56,215,221
Myanmar55,227,143
Colombia51,512,762
South Korea51,329,899
Uganda48,432,863
Spain46,719,142
Argentina46,010,234
Sudan45,992,020
Algeria45,350,148
Ukraine43,192,122
Iraq42,164,965
Afghanistan40,754,388
Canada38,388,419
Morocco37,772,756
Poland37,739,785
Saudi Arabia35,844,909
Angola35,027,343
Uzbekistan34,382,084
Peru33,684,208
Malaysia33,181,072
Mozambique33,089,461
Ghana32,395,450
Yemen31,154,867
Nepal30,225,582
Venezuela29,266,991
Madagascar29,178,077
Cameroon27,911,548
Ivory Coast27,742,298
Niger26,083,660
Australia26,068,792
North Korea25,990,679
Taiwan23,888,595
Burkina Faso22,102,838
Sri Lanka21,575,842
Mali21,473,764
Malawi20,180,839
Zambia19,470,234
Syria19,364,809
Chile19,250,195
Kazakhstan19,205,043
Romania19,031,335
Guatemala18,584,039
Ecuador18,113,361
Senegal17,653,671
Chad17,413,580
Netherlands17,211,447
Cambodia17,168,639
Somalia16,841,795
Zimbabwe15,331,428
Guinea13,865,691
Rwanda13,600,464
Benin12,784,726
Burundi12,624,840
Tunisia12,046,656
Bolivia11,992,656
Haiti11,680,283
Belgium11,668,278
South Sudan11,618,511
Cuba11,305,652
Dominican Republic11,056,370
Czech Republic10,736,784
Greece10,316,637
Jordan10,300,869
Azerbaijan10,300,205
Honduras10,221,247
Sweden10,218,971
Portugal10,140,570
United Arab Emirates10,081,785
Tajikistan9,957,464
Hungary9,606,259
Belarus9,432,800
Papua New Guinea9,292,169
Austria9,066,710
Israel8,922,892
Switzerland8,773,637
Togo8,680,837
Serbia8,653,016
Sierra Leone8,306,436
Hong Kong7,604,299
Laos7,481,023
Paraguay7,305,843
Libya7,040,745
Bulgaria6,844,597
Nicaragua6,779,100
Kyrgyzstan6,728,271
Lebanon6,684,849
El Salvador6,550,389
Turkmenistan6,201,943
Singapore5,943,546
Denmark5,834,950
Republic of the Congo5,797,805
Finland5,554,960
Norway5,511,370
Slovakia5,460,193
Palestine5,345,541
Oman5,323,993
Liberia5,305,117
Costa Rica5,182,354
Ireland5,020,199
Central African Republic5,016,678
Mauritania4,901,981
New Zealand4,898,203
Panama4,446,964
Kuwait4,380,326
Croatia4,059,286
Moldova4,013,171
Georgia3,968,738
Eritrea3,662,244
Uruguay3,496,016
Mongolia3,378,078
Bosnia And Herzegovina3,249,317
Jamaica2,985,094
Qatar2,979,915
Armenia2,971,966
Albania2,866,374
Puerto Rico2,829,812
Lithuania2,661,708
Namibia2,633,874
Gambia2,558,482
Botswana2,441,162
Gabon2,331,533
Lesotho2,175,699
North Macedonia2,081,304
Slovenia2,078,034
Guinea Bissau2,063,367
Latvia1,848,837
Bahrain1,783,983
Equatorial Guinea1,496,662
Trinidad And Tobago1,406,585
Timor Leste1,369,429
Estonia1,321,910
Mauritius1,274,727
Cyprus1,223,387
Eswatini1,184,817
Djibouti1,016,097
Fiji909,466
Reunion908,061
Comoros907,419
Guyana794,045
Bhutan787,941
Solomon Islands721,159
Macau667,490
Luxembourg642,371
Montenegro627,950
Western Sahara626,161
Suriname596,831
Cape Verde567,678
Maldives540,985
Brunei445,431
Malta444,033
Belize412,190
Bahamas400,516
Guadeloupe399,794
Martinique374,087
Iceland345,393
Vanuatu321,832
French Guiana314,169
New Caledonia290,915
Barbados288,023
Mayotte286,259
French Polynesia284,164
Sao Tome And Principe227,679
Samoa202,239
Saint Lucia185,113
Guam171,519
Curacao165,529
Kiribati123,419
Micronesia117,489
Grenada113,475
Saint Vincent And the Grenadines111,551
Tonga107,749
Aruba107,609
United States Virgin Islands103,971
Antigua And Barbuda99,509
Seychelles99,426
Isle of Man85,732
Andorra77,463
Dominica72,344
Cayman Islands67,277
Bermuda61,939
Marshall Islands60,057
Northern Mariana Islands58,269
Greenland56,973
American Samoa55,030
Saint Kitts And Nevis53,871
Faroe Islands49,233
Sint Maarten43,966
Monaco39,783
Turks And Caicos Islands39,741
Saint Martin39,730
Liechtenstein38,387
San Marino34,085
Gibraltar33,704
British Virgin Islands30,596
Palau18,233
Cook Islands17,571
Anguilla15,230
Tuvalu12,066
Wallis And Futuna10,982
Nauru10,903
Saint Barthelemy9,945
Saint Pierre And Miquelon5,759
Montserrat4,965
Falkland Islands3,539
Niue1,622
Tokelau1,378
Vatican City799

Medical Bankruptcies by Country 2022