The out-of-pocket health expenditure in Argentina has shown a persistent upward trend from 2013 to 2023, rising from 30.19 to 33.46 units of health expenditure. Though the growth rate experienced minor fluctuations, the trend remains upward, with year-on-year variations generally ranging between 1% and 1.25% in the last five years. As of 2023, the expenditure stood at 33.46 units.
In the forecasted period from 2024 to 2028, out-of-pocket health expenditure is projected to continue increasing, albeit at a slightly slower average annual rate (CAGR) of 0.72%, reaching 35.03 units by 2028. The projected growth rate over the next five years will be 3.67%.
Future trends to watch for:
- Impact of economic policies on healthcare costs.
- Changes in population demographics and healthcare needs.
- Potential shifts in insurance coverage and accessibility.
- Technological advancements and their effect on healthcare expenses.
