Forecast: Domestic Private Health Expenditure in Kenya

Between 2013 and 2023, Kenya’s domestic private health expenditure per capita saw fluctuations with a general upward trajectory. The expenditure stood at 30.45 USD in 2023, having grown by 1.3% year-on-year from 2022. Significant dips were observed in 2017 and 2020, with contractions of 21.04% and 5.31% respectively. Over the five years from 2018 to 2023, the Compound Annual Growth Rate (CAGR) was 2.99%. Looking ahead, from 2024 to 2028, the expenditure is forecasted to grow moderately, with a forecasted five-year CAGR of 0.81% to 32.1 USD by 2028.

Future trends to watch for:

  • The impact of health policy reforms on private health spending.
  • Inflationary pressures and economic stability influencing expenditure capacity.
  • Technological advancements in healthcare delivery contributing to spending patterns.

Top Countries about Mental Health