Government expenditure on health in Angola showed a significant decline from 7.42 units in 2013 to 5.42 units in 2023. The sharpest drop occurred in 2014 with a reduction of 32.59%, followed by smaller declines. The expenditure stabilized somewhat from 2015 onwards with a consistent downtrend, ending at 5.42 units in 2023. The year-on-year variation averaged around -0.34% in the last few years.
For the forecasted period from 2024 to 2028, expenditure on health is projected to continue its downward trend albeit at a slower pace with an expected CAGR of -0.29%, resulting in a total forecasted growth rate of -1.42% over five years.
Future trends to watch for:
- Impact of economic policies on healthcare funding.
- Changes in international aid and investment in Angola’s health sector.
- Inflation and its effect on real healthcare expenditure.
- Potential reforms in the healthcare system and their effectiveness.
- Global health trends and their influence on national expenditure priorities.