Forecast: Government Expenditure on Health in India

In 2023, India's government expenditure on health stood at approximately 5.4% of total government expenses. The forecasted data from 2024 to 2028 indicates a gradual increase from 5.44% to 5.61%. This displays a consistent upward trend, with year-on-year increases of around 0.7% on average over the earlier periods, reflecting a broader commitment to enhancing healthcare investment. The compound annual growth rate (CAGR) for the five-year forecast is modest, highlighting a steady rise in health spending as a share of government expenses.

Future trends to watch for include:

• The impact of economic conditions and fiscal policies on healthcare funding.
• Potential shifts in healthcare priorities due to emerging health challenges.
• Technological advancements and their integration into public health services.
• Changes in population demographics and associated healthcare needs.