Forecast: Out-of-Pocket Health Expenditure in Chile

From 2013 to 2023, out-of-pocket health expenditure in Chile has shown a consistent downward trend, decreasing from 32.32 to 25.16 units of health expenditure. This 8-year period has seen an average annual decline (CAGR) of -2.48%, with a year-on-year decrease of around -2.5% in 2023.

Looking forward to the forecasted data from 2024 to 2028:

  • The downward trend is expected to continue, reaching 21.79 units by 2028.
  • The average annual decline over these 5 years is projected at -2.28%, with an overall reduction of 10.88%.

Future trends to watch for:

  • Impact of healthcare policy reforms on out-of-pocket costs.
  • Technological advancements in medical care and their effect on expenditures.
  • Potential economic shifts that could alter healthcare affordability for the population.

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