Angola's health expenditure as a percentage of GDP has seen various fluctuations from 2013 to 2023. Starting from 2.73% in 2013, it declined slightly in subsequent years, reaching its peak at 2.91% in 2020, followed by a downward trend with 2023 standing at 2.46%. Specifically, the year-on-year variation rates were -1.37% for both 2022 and 2023, showing a mild but consistent decline, with the five-year CAGR at -0.98%.
Key trends over the last decade indicate a general decline in health expenditure relative to the GDP, with notable year-on-year fluctuations. Noteworthy are the growth years of 2016 and 2020, juxtaposed against significant declines in other years, particularly post-2020.
Future trends to watch for include:
- Further declines projected in the next five years, with a -1.1% CAGR and an overall 5.37% decline by 2028.
- Potential external and internal factors that might affect this trajectory, such as economic shifts, policy changes, and global health crises.
