Forecast: Out-of-Pocket Health Expenditures in the UK

The forecast for out-of-pocket health expenditures in the UK from 2024 to 2028 shows a steady increase, with values progressing from 1.87% to 1.99% of GDP. In 2023, the actual value stood marginally lower, indicating a gradual rise in these costs relative to GDP over this five-year period. The year-on-year variation reflects a consistent growth pattern, hovering around a 1.5% increase each year. Over the five-year span from 2024 to 2028, the compound annual growth rate (CAGR) registers a modest rise, highlighting a persistent upward trend.

Future trends to watch for include:

• Potential policy changes affecting healthcare funding.
• Economic fluctuations impacting GDP and personal income.
• Advancements in healthcare technology that may alter expenditure patterns.