Domestic General Government Health Expenditure in Viet Nam has experienced fluctuations over the past decade. From 2013 to 2023, expenditure saw notable variations including a substantial increase of 22.1% in 2016, followed by a decline of 7.75% in 2020. The year-on-year changes stabilized with an increase of 1.82% in 2023. The compound annual growth rate (CAGR) indicates an average growth of 0.66% over the last five years.
Looking forward, the forecasted data reveals a steady rise in expenditure from 2024 to 2028 with a forecasted CAGR of 1.34% and an overall growth rate of 6.89% by 2028.
Future trends to watch for include:
- Economic stability's impact on government health spending
- Policy changes and healthcare reforms
- Demographic shifts and aging population influencing healthcare needs
- Technological advancements and their integration in healthcare services
- External factors such as global health crises or economic events
