Egypt's health expenditure as a unit of GDP has shown a consistent upward trend from 2013 to 2023, increasing from 5.46% to 6.08%. Notably, year-on-year variations in recent years have shown a slight declining pattern, from 0.93% in 2020 to 0.85% in 2023. The compound annual growth rate (CAGR) over the past five years was 0.91%, indicating steady albeit modest growth.
Future forecasts suggest a continuation of this upward trend, with health expenditure expected to reach 6.33% of GDP by 2028. The forecasted five-year CAGR stands at 0.62%, reflecting a gradual yet sustained increase.
Key trends to watch for:
- Impact of economic conditions on public health funding.
- Potential reforms in the healthcare sector aimed at improving efficiency.
- The role of private sector investments in enhancing healthcare infrastructure.
