Forecast: Domestic General Government Health Expenditure in United Arab Emirates

Analysis of the Domestic General Government Health Expenditure in the United Arab Emirates from 2013 to 2023 shows fluctuating trends. The expenditure as a percentage of GDP decreased consistently from 2013 (2.59%) to 2018 (2.14%). However, since 2019, expenditures have rebounded, particularly in 2020 with a significant jump to 3.46%, likely due to the COVID-19 pandemic. This rising trend continued into 2021 (3.54%) and reached 3.71% in 2023.

Year-on-year growth rates highlight these changes: from a substantial -10.99% drop in 2017 to a robust increase of 54.34% in 2020. The compound annual growth rate (CAGR) from 2018-2023 demonstrates an average yearly growth of 11.66%, indicating a strong recovery and continuous growth in government health expenditure.

Future trends predict an average annual increase of 1.68% from 2024 to 2028, with the total expenditure reaching 4.12% of GDP by 2028. Policymakers should note this steady increase and plan accordingly for sustained enhancements in healthcare infrastructure and services.

Future trends to watch for include the impact of potential economic fluctuations, healthcare reforms, and advancements in medical technology, which could influence government spending patterns significantly.