Domestic General Government Health Expenditure in Viet Nam has seen fluctuations from 2013 to 2023. The expenditure in 2023 stood at 46.28 units. Over the years, this expenditure showed a mix of growth and decline, with notable decreases in 2014, 2018, and 2019, and increases in 2016 and 2020. The year-on-year variation for the past two years shows a steady but modest growth: 0.89% in 2022 and 0.84% in 2023. The compound annual growth rate (CAGR) over the last five years indicates an average annual growth of 2.14%.
Looking ahead, forecasted data from 2024 to 2028 suggests a continued increase, albeit at a slower pace, with a forecast 5-year CAGR of 0.56%, leading to a projected growth rate of 2.85% by 2028.
Future trends to watch for:
- The impact of economic policies on healthcare funding.
- Changes in demographic trends affecting healthcare demand.
- Technological advancements influencing healthcare costs and efficiency.
