Forecast: Out-of-Pocket Health Expenditure in Argentina

Out-of-pocket health expenditure in Argentina showed varying trends from 2013 to 2023. The expenditure peaked in 2014 at 27.04% and saw its lowest in 2017 at 21.29%. The year-on-year variations reflect a mixed pattern, with significant decreases in 2017 (-21.18%) and moderate increases in 2018 (18.04%). By 2023, the value stood at 22.46%, a slight decline from 2022 by -1.62%.

Key insights for future trends include:

- The forecasted average annual reduction (CAGR) from 2024 to 2028 is projected to be -1.34%.

- This decline signifies a 6.52% drop over the next five years, with the expenditure likely to decrease to 20.66% by 2028.

Future trends to watch for:

- Given the declining trend, monitoring economic factors, healthcare reforms, and inflation rates will be crucial as they can significantly impact personal health expenditure.

- Any changes in national healthcare policies or funding for public health services might also affect out-of-pocket costs.