Health expenditure in the United Arab Emirates has shown a steady increase over the years, averaging a compound annual growth rate (CAGR) of 1.22% from 2018 to 2023. The year 2023 saw health expenditure constituting 4.07% of GDP. Year-on-year growth has generally been stable, fluctuating around 1% over the past decade. Over the next five years, the forecast indicates a slight deceleration with a projected 5-year CAGR of 0.82%, reaching 4.29% of GDP by 2028.
Future trends to watch for:
- Technological advancements in healthcare services
- Increasing expenditure on preventive health measures
- The impact of policy changes on public and private healthcare funding
- Potential shifts due to economic conditions and population growth