In 2023, India's external health expenditure per capita was approximately 2.00 US Dollars PPP. Forecast data from 2024 to 2028 indicates a gradual increase from 2.01 to 2.08 US Dollars PPP, reflecting a modest annual year-on-year growth rate of around 1% consistently over this period. The projected Compound Annual Growth Rate (CAGR) over the five-year span from 2024 to 2028 is about 0.65%, suggesting relatively stable growth within this timeframe.
Future trends to watch for include potential impacts of economic development, healthcare policy adjustments, and technological advancements in medicine, which could lead to variations in external health expenditure. Monitoring changes in government spending and private sector investment in healthcare infrastructure will be crucial.
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