The UK government's expenditure on health is projected to rise consistently from 271.95 billion US dollars PPP in 2024 to 290.85 billion US dollars PPP in 2028. In 2023, the expenditure stood at 267 billion US dollars PPP. This forecast represents an expected year-on-year increase ranging approximately from 1.8% to 2.1%. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately 1.7%.
Future trends to watch for include the impact of inflation and economic conditions on healthcare funding, technological advancements requiring increased investments, and potential changes in healthcare policies that could affect expenditure levels.
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