Out-of-pocket health expenditures in Brazil have exhibited minor fluctuations from 2013 to 2023, with values ranging between 2.2 and 2.39 units of GDP. The year-on-year variance was relatively stable, with negligible significant increases and decreases observed. Specifically, in 2023, the out-of-pocket health expenditure stood at 2.32 units of GDP, marking a minor decline from previous years. Looking at the compound annual growth rate (CAGR) over the past 5 years, it averaged a decline of 0.36%. Forecasts project a gradual decrease, reaching 2.27 units of GDP by 2028.
Key future trends to monitor include:
- Potential policy changes in Brazil’s healthcare system that might alter out-of-pocket expenses.
- Economic factors influencing household incomes and healthcare spending.
- Technological advancements and their impacts on healthcare costs.
- The effects of inflationary pressures on healthcare expenditures and overall GDP.
