The share of out-of-pocket health expenditure in Saudi Arabia declined from 2013 to 2023, with the value standing at 51.08 units in 2023. Notably, the year-on-year variations show a consistent decrease, with the most recent change being a -0.9% decline in 2023. The average annual reduction over the last five years (CAGR) was -0.92%, reflecting a gradual decline trend over this period.
Forecasts from 2024 to 2028 suggest a continued decrease, with the value expected to reach 48.66 units by 2028. The projected 5-year CAGR is -0.77%, indicating a slower but steady decline in the out-of-pocket expenditure share.
Future trends to watch for include potential policy changes aiming to reduce out-of-pocket expenses, technological advancements in the healthcare sector, and demographic shifts that may impact health expenditure patterns in Saudi Arabia.
