Over the past decade, government or compulsory health expenditures in Mexico exhibited fluctuations, starting at 53.75 units in 2013, and dipping to a low of 49.31 units by 2019. However, from 2020 onwards, there has been a slow but steady recovery, with a notable increase in expenditures from 50.65 units in 2020 to 51.6 units in 2023, representing a year-on-year growth rate of 0.69% in 2023. Over the last five years, the average annual growth rate (CAGR) was 0.76%.
Forecasts from 2024 to 2028 suggest a gradual increase in health expenditures, reaching 52.55 units by 2028. The average annual growth rate for the forecasted period is projected at 0.26%, with an overall growth rate of 1.28% over the next five years.
Future trends to watch for include:
• Potential shifts in government health policy post-2024 elections.
• Socio-economic impacts from ongoing global health challenges.
• Investments in healthcare infrastructure and services driven by demographic changes.
