The forecast for total health expenditures in Indonesia from 2024 to 2028 shows a consistent upward trend. The expenditures per capita are projected to increase from USD 354.81 in 2024 to USD 368.01 in 2028. Comparing the figures to 2023, which stood at USD 351.62, indicates a modest growth year-on-year, with a variation of approximately 1.69% from 2023 to 2024.
Year-on-year variations between 2024 and 2028 average around 1% to 1.2%, demonstrating steady but moderate growth in health expenditure. Over the period, a Compound Annual Growth Rate (CAGR) for the last 5 years (2024-2028) averages about 0.82%.
Future trends to watch for:
- Economic conditions that might impact government and private health spending.
- Changes in population demographics, such as aging, which could affect healthcare needs and expenditures.
- Developments in healthcare infrastructure and technology that could drive expenditure increases or efficiency gains.