The forecast for out-of-pocket health expenditures in Chile shows a consistent value of 2.94% of GDP from 2024 to 2028. This indicates a stable share of GDP allocated to out-of-pocket health spending over the forecast period. In 2023, the actual out-of-pocket health expenditure also stood at 2.94% of GDP. The year-on-year variation and the compound annual growth rate (CAGR) for the past five years have both remained at zero percent, reflecting no changes in the proportion of GDP spent out-of-pocket on health expenses.
Future trends to watch for:
• Structural changes in the healthcare system that could impact out-of-pocket spending.
• Government policies or reforms aimed at reducing direct health expenditures by households.
• Economic changes that might affect the overall GDP and, consequently, the percentage share of health expenditures.
• Inflationary pressures on healthcare costs and how they might shift spending patterns.