The share of out-of-pocket health expenditure in Thailand has been on a steady decline from 2013 to 2023, reducing from 53.76% to 43.86%. Year-on-year variation over the last two years shows a decrease of 2.20% in 2022 and 2.21% in 2023. The compound annual growth rate (CAGR) over the last five years is -2.19%. The forecasted data suggests this downward trend will continue with a five-year CAGR of -1.98%, reaching 38.71% by 2028. This indicates a forecasted overall reduction in out-of-pocket health expenditure by 9.51% over the next five years.
Future trends to watch for include potential policy changes in healthcare funding, economic shifts affecting household incomes, and the introduction of new health insurance schemes that could further influence out-of-pocket spending. Observing these factors will be crucial to understanding how the share of private health expenditure in Thailand will evolve.
