The aim of the study is the impact of funding for sports and health activities on the development of socialization of the economy. Research methods used in writing the article: theoretical, correlation-regression, and statistical analysis. The results showed a particular impact between final consumer public health and GDP better, with an increase in such expenditures by UAH 1 million, GDP potential by UAH 0.0036 million. UAH The close relationship between GDP and the volume of services provided in the field of sports and health activities has been proved, with estimated GDP growth of UAH 1 million. UAH protection against the increase in services provided in the field of sports by 2.05 thousand UAH, which confirms the hypothesis of the dependence of the development of sports and cultural spheres on economic factors. It is substantiated that the very level of involvement of citizens in the field of sports and health activities is one of the health factors influencing the development of socialization of the economy.