Forecast: External Resources for Health in South Africa

The data from 2013 to 2023 reveals a steady decline in external resources for health in South Africa, with values dropping from 1.89 units in 2013 to 1.72 units in 2023. Year-on-year variations show a consistent decrease, with minimal fluctuations, and the last recorded drop in 2023 standing at 0.83%. The Compound Annual Growth Rate (CAGR) over the past five years has averaged -0.85%, indicating a slow but steady downward trend.

From 2024 onwards, forecasted data predict this decline will continue, with values expected to reach 1.65 units by 2028. The future 5-year CAGR is anticipated to be -0.71%, with an overall 5-year growth rate projection at -3.51%.

Future Trends to Watch For:

  • Potential policy changes in South Africa's funding for health and how these might impact external resource needs.
  • The influence of global economic conditions on international aid and funding for health-related programs.
  • Technological advancements and their role in possibly offsetting reductions in external funding.

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