The share of private health expenditure in Indonesia has shown a declining trend from 2013 to 2023, moving from 60.57% to 60.48% in 2023. The year-on-year variation has generally been negative since 2015, with only slight fluctuations. For instance, the year-on-year change in 2023 is -0.2%, which marks a continuation of this trend. Over the past five years, the compound annual growth rate (CAGR) per year has been -0.2%, indicating a consistent albeit slight decrease in private health expenditure.
Looking ahead to the forecasted data from 2024 to 2028, the share of private health expenditure is expected to continue its slight decline, reaching 59.86% by 2028. The forecasted five-year CAGR is -0.16%, and the cumulative reduction over this period is approximately -0.81%. Future trends to watch for include potential shifts in governmental health policies, economic conditions that affect healthcare affordability, and changes in public health coverage that could impact the reliance on private health expenditure.
