This is partly because public funding is low in Latvia, accounting for 3.2% of GDP, much lower than the OECD average of 6.5% in 2013. Among OECD countries, only Mexico spends as little as Latvia, and Chile, Turkey and Korea spend less than 4% of GDP on health through public financing. Real GDP growth in Latvia averaged about 9% in 2002-07, then contracted sharply by 3.6%, 14.3% and 3.6% between 2008 and 2010, finally picking up again at around 3% annual growth until the recent slowdown. Prior to the global financial crisis, between 2005 and 2009, health spending in Latvia increased by 3% per year, slower than the OECD average of 3.4% annual growth.