Health expenditure in Argentina, expressed as a percentage of GDP, has been consistently declining from 2013 to 2023. In 2023, it stood at 3.02% of GDP. The year-on-year variations have shown a persistent negative trend, with the most recent years exhibiting sharper declines, such as a -5.67% variation in 2023. Over the past five years, the compound annual growth rate (CAGR) averaged at -5.30%. Forecasts suggest a continued downward trajectory, with an anticipated CAGR of -5.99% between 2024 and 2028, translating to a cumulative decrease of 26.56% by 2028.
Future trends to watch for include the potential impact of economic policies, healthcare reforms, and external factors such as global health crises. These elements could either mitigate or exacerbate the projected decline in health expenditure. Monitoring these variables will be crucial for stakeholders in the health sector.
