The government expenditure on health in Vietnam has exhibited a steadily increasing trend from 2013 to 2023, growing from 13.19 units in 2013 to 18.28 units in 2023. The year-on-year growth has been positive, although it has seen a gradual decline in percentage terms, from 4.19% in 2013 to 2.46% in 2023. The compound annual growth rate (CAGR) has also shown a decreasing pattern, reducing from 10.86% in 2013 to 2.71% in 2023.

From 2024 onwards, the forecasted data suggests a continued increase in government health expenditure, reaching 20.35 units by 2028. The forecasted 5-year CAGR is expected to be lower at 1.69%, indicating a slower growth rate, with a cumulative growth rate of 8.76% over the period.

Future trends to watch for:

Increased focus on healthcare infrastructure and technology, impacting budget allocations.
Potential policy changes and reforms aimed at improving healthcare access and quality.
Global economic factors influencing national budget priorities and health expenditure.