The out-of-pocket health expenditure in Mexico has shown a consistent decline from 2013 to 2023. In 2023, the expenditure stood at 38.69 Units. Observing the year-on-year variations, there has been a gradual reduction, with a decrease of about 1.34% from the previous year. Over the past five years, the Compound Annual Growth Rate (CAGR) also indicates an average annual decline of approximately 1.36%. This long-term trend reflects ongoing efforts to reduce individual health costs.
Forecasts from 2024 to 2028 suggest the continuation of this downward trajectory, with the expenditure expected to reach 35.94 Units by 2028. The forecasted five-year CAGR is around -1.17%, translating to an overall reduction of about 5.7% over this period. This suggests a slower, but sustained decrease in out-of-pocket health expenses.
Future trends to watch for include potential policy changes aimed at further reducing the financial burden on individuals, the impact of economic conditions on health expenditure, and advancements in healthcare access and affordability.
