The domestic general government health expenditure in Thailand has seen fluctuations over the past decade. In 2013, the expenditure stood at 13.74, and by 2023 it was 14.58. The period between 2014 to 2016 showed modest growth, followed by a decline in 2017 and a further drop in 2020. The years 2021 and 2022 witnessed recovery, reaching 14.58 in 2023.
Key trends over the last two years:
- Year-on-year growth from 2022 to 2023 was 0.035%.
- Year-on-year variation from 2021 to 2022 was 0.043%.
The compound annual growth rate (CAGR) over the last five years was 0.22%.
Future forecasts indicate a stable expenditure trend for the next five years, with minimal changes, maintaining around 14.59. The forecast 5-year CAGR is 0.01%, suggesting steady but negligible growth.
Trends to watch for in the future include potential policy changes, economic conditions, and population health dynamics that could impact government health expenditure. Monitoring these factors will be crucial for anticipating any significant shifts in expenditure patterns.
