In 2023, the government expenditure on health in India was recorded at a level lower than the 2024 forecast of USD 110.79 PPP per capita. The period from 2024 to 2028 shows a steady upward trajectory with expenditures increasing to USD 122.56 PPP per capita by 2028. The year-on-year growth rate from 2024 onwards shows incremental growth percentages through 2028: 2.7% (2025), 2.6% (2026), 2.5% (2027), and 2.4% (2028). The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.4%, indicating consistent growth in healthcare funding.
Future trends to watch for include the impact of policy changes, economic shifts, and healthcare infrastructure developments. Monitoring advancements in healthcare technology and the public sector's response to emerging health challenges will be crucial in shaping future expenditure levels.
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