Based on the provided data, the forecast for out-of-pocket health expenditures per capita in China shows steady growth from 2024 to 2028, with values increasing from 327.76 USD in 2024 to 355.52 USD in 2028. As of 2023, the actual expenditure stood at 321.48 USD per capita.
This results in a year-on-year percentage increase of approximately 2.18% from 2024 to 2025, 2.10% from 2025 to 2026, 2.01% from 2026 to 2027, and 1.93% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is estimated to be around 2.05%.
Future trends to watch for:
- Changes in governmental healthcare policies and their impact on out-of-pocket expenditures.
- The effect of technological advancements and digital health initiatives on healthcare costs.
- Population aging and its influence on per capita health expenditures.