Forecast: Government health expenditure per capita in India

In 2023, the government health expenditure per capita in India stood at approximately $29.06. Forecasts indicate a steady upward trend from 2024 to 2028, with expenditures expected to increase annually, reaching $38.11 by 2028. Year-on-year variations reveal a consistent growth pattern: 5.89% in 2024, 5.89% in 2025, 5.57% in 2026, 5.21% in 2027, and 4.93% in 2028. Over the forecast period, this yields a Compound Annual Growth Rate (CAGR) of approximately 5.5%.

Future trends to watch for:

• Government policy changes and budget allocations that may impact health funding.
• Inflation rates and their influence on purchasing power and expenditure effectiveness.
• Increased focus on healthcare infrastructure and technology adoption could impact per capita spending.
• Public health challenges, such as pandemics or chronic diseases, may shift spending priorities.