Forecast: Out-of-Pocket Health Expenditure in Brazil

From 2013 to 2023, out-of-pocket health expenditure in Brazil has shown a consistent downward trend, declining from 25.76 units in 2013 to 19.65 units in 2023. The year-on-year variation reveals a steady decrease, with a peak year-on-year decline of -4.25% in 2013. By 2023, the year-on-year decrease was -2.89%. Over the last five years, from 2018 to 2023, the compound annual growth rate (CAGR) averaged -2.84%, indicating a moderate yet persistent decrease in expenses.

Forecast data from 2024 to 2028 suggest this trend will continue, with expenses projected to decline to 16.60 units by 2028. The forecasted 5-year CAGR is -2.67%, equating to an overall forecasted decrease of -12.67% by 2028.

Future trends to watch for include:

• Potential policy changes in Brazilian healthcare that could influence out-of-pocket expenses.
• Shifts in economic conditions affecting healthcare affordability and access.
• Advancements in healthcare technology potentially increasing efficiency and reducing costs.