The domestic private health expenditure in the United Arab Emirates has shown notable fluctuations over the past years. From 2013 to 2016, expenditure experienced minor year-on-year changes, with a peak in 2014, before a significant drop in 2016. A surge occurred in 2017, followed by steady growth until 2019. The impact of the COVID-19 pandemic saw a notable decline in 2020, but recovery was swift, with expenditures rising significantly in subsequent years. By 2023, the value stood at 50.54 Units, marking an annual growth trend.
Looking at recent trends, expenditures saw an average annual compound growth rate (CAGR) of 0.86% from 2018 to 2023. Projections from 2024 to 2028 suggest a steady but gradual increase, with a forecasted five-year growth rate of 6.51% and a CAGR of 1.27%.
Future trends to watch for include the impact of policy changes, technological advancements, and digitization in healthcare services. Additionally, emerging healthcare needs and population demographics will play critical roles in shaping private health expenditure. The continued investment in health infrastructure and services will be pivotal in determining future expenditure trajectories.
