Forecast: Domestic General Government Health Expenditure in Philippines

Based on the data provided, the Domestic General Government Health Expenditure in the Philippines is expected to increase steadily from 2024 to 2028. The values start at 9.63% of General Government Expenditure in 2024 and rise to 10.1% by 2028.

Year-on-year percentage variations are relatively small but positive, indicating a consistent growth pattern. Specifically, from 2024 to 2025, the increase is approximately 1.25%, and from 2025 to 2026, it rises by around 1.13%. Similar growth patterns are observed for the subsequent years up to 2028.

Looking at the average variation per year (CAGR) over the last five years, there is a consistent upward trend, suggesting robust government commitment to healthcare expenditure.

Future trends to watch for include potential impacts of economic changes, healthcare policy reforms, and external factors such as pandemics. Monitoring these factors will be crucial in understanding whether this upward trajectory in health expenditure will be sustained or if adjustments will be necessary.