Forecast: Out-of-Pocket Health Expenditure in Malaysia

Out-of-pocket health expenditure in Malaysia is forecasted to grow from 2024 to 2028. In 2023, this expenditure stood at 38.63% of Total Current Health Expenditure. For the following years, it is expected to incrementally rise year-on-year by approximately 0.39% on average. Specifically, from 2024 to 2025, a 0.39% increase is anticipated, and this trend is consistent through to 2028. The compound annual growth rate (CAGR) for this period is approximately 0.39%.

Future trends to watch for include:

  • The potential impact of health policy changes by the Malaysian government which might aim to reduce the financial burden on individuals.
  • Economic factors that could influence household income and, consequently, the willingness or ability to spend on out-of-pocket health expenses.
  • Integration of health insurance schemes that might offset some out-of-pocket costs over the coming years.

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