Based on the forecasted data, the expenditure as a percentage of GDP is expected to decrease from 0.33% in 2024 to 0.3% by 2028.
Year-on-Year Variations:
2025: -3.03%, 2026: -3.13%, 2027: -3.22%, 2028: 0%
Compound Annual Growth Rate (CAGR): -2.37%
Future Trends: Watch for factors such as policy changes, economic growth, and public awareness influencing voluntary health insurance demand. Continuous monitoring of these drivers will be crucial for anticipating shifts in expenditure trends.