Health expenditure in Brazil, expressed as a percentage of GDP, saw fluctuations over the past decade. In 2023, the expenditure stood at 8.82% of GDP. From 2013 to 2014, there was a decline but followed by incremental increases, with year-on-year variations ranging from -1.89% to 2.69%. Over the last few years (2018-2023), the CAGR was about 0.54%, indicating a steady yet modest increase. Looking forward, forecasted data up to 2028 suggests a continued slight upward trend with a forecasted 5-year CAGR of 0.38%, translating to a 1.91% growth rate over these years.
Future trends to watch for include the impact of demographic shifts, possible changes in healthcare policy, and economic factors influencing GDP. Additionally, technological advancements and their integration into the healthcare system may also modify expenditure patterns.
