Forecast: Out-of-Pocket Health Expenditure in Philippines

The out-of-pocket health expenditure in the Philippines as a percentage of total current health expenditure remains relatively stable from 2024 to 2028, with values fluctuating only slightly between 53.42% and 53.41%. In 2023, the value stood at 53.43%. This minimal year-on-year variation indicates a consistent trend in the proportion of health spending borne by individuals rather than shifting significantly to public or insurance funding. The average annual change (CAGR) over the last five years is negligible, suggesting stability in out-of-pocket expenses.

Future trends to watch for include any policy changes aimed at increasing public spending on health or expanding insurance coverage, which could help reduce out-of-pocket burdens. Additionally, monitoring economic factors and inflation rates will be critical to understanding potential shifts in health expenditure patterns.

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