The share of out-of-pocket health expenditure in Angola has decreased steadily from 67% in 2013 to 63.51% in 2023. The data shows a decline in out-of-pocket expenditure, which saw a yearly reduction fluctuating between 0.56% to 1.28%. Over the last two years, the year-on-year change was consistently -0.56%, reflecting a continued downward trend. The Compound Annual Growth Rate (CAGR) over the past five years was approximately -0.57%, indicating a gradual decline.
Looking forward, it is forecasted that this downward trend will continue, with the out-of-pocket expenditure decreasing to 61.65% by 2028. The forecasted five-year CAGR stands at -0.47%, with a forecasted five-year growth rate of -2.32%, suggesting a slower but steady reduction in out-of-pocket health costs.
Future trends to watch for include the impact of government policies aimed at increasing public healthcare funding, economic changes, and the potential influence of international aid on further reducing personal health expenditure. Monitoring these factors will be crucial in understanding the trajectory of out-of-pocket health spending in Angola.
