The capital health expenditure in Ghana has exhibited significant volatility over the past decade, with marked fluctuations year-on-year. Notably, the expenditure spiked by 230.31% in 2014, only to plummet by 82.41% in 2015. Following that, it experienced another sharp increase of 283.13% in 2016 and a steep decline of 80.36% in 2017. Post-2018, the expenditure stabilized somewhat, with growth rates fluctuating modestly between 1.8% and 2.11%. In 2023, it stood at 0.079 units of GDP, reflecting a steady, albeit slow, upward trend with a 1.95% year-on-year increase.

Future trends to watch:

Continued stabilization with minor year-on-year increases expected, averaging around 1.26% CAGR over the next five years.
Potential external economic factors and healthcare policy changes could impact future expenditures significantly.
Ongoing investment in healthcare infrastructure, which may boost the forecasted 6.49% total growth rate by 2028.