In 2023, Ghana's current health expenditure stood at an estimated portion of its GDP. The forecasted data for the upcoming years exhibits a slight upward trend, with current health expenditure expected to be 3.79% of GDP in 2024, gradually increasing to 3.81% by 2026 and maintaining that level through to 2028. The year-on-year growth from 2024 to 2025 is approximately 0.26%, and from 2025 to 2026, it is about 0.26% as well, depicting a marginal yet consistent rise. Analyzing the compound annual growth rate (CAGR) over a five-year period from 2024 to 2028, the average annual increment is modest.
Future trends to watch for include potential impacts of economic stability on health funding, government policy shifts, and external financial assistance. Additionally, monitoring changes in healthcare needs and population demographics will be critical in understanding long-term projections for health expenditure in Ghana.
