The data on Out-of-Pocket Health Expenditure in Vietnam from 2013 to 2028 indicates a consistent downward trend. In 2023, expenditure stood at 22.07. Year-on-year variations reveal an intensified decline, with the most recent drops being -5.89% in 2022 and -6.14% in 2023. The 5-year CAGR, calculated through to 2023, stands at -5.69%, signifying an average annual decrease. Predictions for the next five years suggest that this rate will accelerate, with a forecast 5-year CAGR of -6.64% and a total decrease of 29.07% by 2028.
Future trends to watch for include the impact of healthcare policy changes, advancements in medical technology, and variations in economic conditions on out-of-pocket health expenditure. Strategic moves in healthcare financing and insurance accessibility will also be crucial determinants of this forecast.
