Based on the provided data, Domestic Private Health Expenditure in Viet Nam is projected to increase steadily from 2024 to 2028. The value is forecasted to grow from USD 119 per capita in 2024 to USD 136.25 per capita by 2028.
For context, in 2023, the actual expenditure stood at USD 115 per capita.
Analyzing the year-on-year variations, we observe the following growth percentages:
- From 2023 to 2024: 3.48%
- From 2024 to 2025: 3.65%
- From 2025 to 2026: 3.50%
- From 2026 to 2027: 3.37%
- From 2027 to 2028: 3.24%
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 3.45%.
Future trends to watch for include potential government policy changes impacting private health expenditure, shifts in population demographics, and economic developments that could affect per capita spending power. Additionally, technological advancements in the health sector may alter expenditure patterns in the coming years.
