Forecast: Domestic General Government Health Expenditure in Kenya

Kenya’s Domestic General Government Health Expenditure portrayed fluctuating trends between 2013 and 2023. Observing significant increases in certain years, such as 2014 (9.72%) and 2019 (13.92%), contrasted by declines like in 2017 (-15.32%), underscores an inconsistency in allocation. The expenditure in 2023 stood at 8 units, reflecting a marginal year-on-year growth of 0.6%. Over the last five years leading up to 2023, the compound annual growth rate (CAGR) was around 2.06%, illustrating moderate growth.

Future projections suggest a steady rise, with the expenditure expected to reach 8.23 units by 2028, which entails a modest CAGR of 0.46%. A longer-term analysis exhibits stable albeit gradual increments in health expenditure, signifying a potential improvement in fiscal health policies.

Future trends to watch for include:

  • Government's Strategic Plans: Monitor any changes in national health strategies or significant policy shifts that could impact budget allocations.
  • Global and Local Economic Conditions: Economic stability plays a crucial role in public expenditure capabilities.
  • Healthcare System Reforms: Any healthcare reform initiatives aimed at efficiency and accessibility can influence expenditure patterns.
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