The analysis of external resources for health in Angola shows a persistent decline from 2013 to 2023. In 2023, the value stood at 1.46 units of health expenditure. Reviewing the year-on-year changes, the downward trend is evident, with the most recent figures showing a decline of 5.74% in 2023 from the previous year. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was -5.36%, indicating a steady reduction in funding.
Looking forward, the forecasted data from 2024 to 2028 suggest that this trend will continue, with a projected 5-year CAGR of -6.08% and an overall expected decline of 26.93% over this period. This points to a significant reduction in external resources for health in Angola, calling for strategic adjustments to manage the shrinking financial support efficiently.
Trends to watch for:
- Continued decline in external health funding and its implications on healthcare services in Angola.
- Potential diversion of resources or need for alternative funding strategies to sustain healthcare services.
- Impact on health outcomes and possible shifts in healthcare priorities to adapt to reduced funding.
- The role of domestic funding and international aid organizations in buffering the decline.