Forecast: Public Health Insurance Coverage in Spain

The public health insurance coverage in Spain stood at 47.75 million persons in 2023. Since 2018, the actual data has shown a steady, though modest, annual increase with a notable spike in growth in 2020 at 0.84%. The year-on-year growth in 2021 and 2022 remained relatively flat, rising again in 2023 to 0.67%. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged at 0.46%. The forecast from 2024 points to a continued growth trajectory, reaching 49.28 million persons by 2028, with a forecasted 5-year CAGR of 0.5% and a total growth rate of 2.54% from 2023.

Future trends to watch for include:

  • The impact of demographic changes, such as an aging population, on public health insurance enrolment.
  • Government policies and funding allocations which could affect public health insurance coverage rates.
  • The role of technological advancements in healthcare that may influence the demand for public health insurance.

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