As of 2023, U.S. government expenditure on health was approximately $5.53 thousand per capita in PPP terms. The forecasted data indicates a steady growth in health expenditure: $5.64 in 2024, $5.74 in 2025, $5.84 in 2026, $5.93 in 2027, and $6.03 in 2028. Year-on-year growth shows consistent increases of around 1.77% annually. The five-year compound annual growth rate (CAGR) is projected to be around 1.75%.
Future trends to watch for include:
- Technological advancements in healthcare.
- Impact of demographic shifts, especially aging population.
- Potential policy changes in health care funding.
- Inflationary pressures on healthcare costs.
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