Forecast: External Health Expenditure in Kenya

Over the past decade, Kenya's external health expenditure has shown significant fluctuations. From a high of 22.65 units in 2013, it declined to 16.21 units in 2016 before rebounding to 22.15 units by 2018. Subsequently, the expenditure stabilized around the 18-unit mark between 2019 and 2023. In 2023, the external health expenditure stood at 18.05 units. The year-on-year variation for 2023 was a modest 0.14%, with a five-year CAGR indicating an average decline of -4.01% annually.

Forecasts predict minor increases in external health expenditure, suggesting stability, with a 5-year CAGR of 0.06% and a total growth rate of 0.28% by 2028. This marks a stabilization phase compared to earlier, more volatile periods.

Future trends to watch for:

  • Impact of global economic conditions on donor funding levels.
  • Potential shifts in healthcare funding priorities driven by emerging public health challenges.
  • Long-term effects of policy changes within Kenya impacting healthcare investments.

Top Countries about Medical Tourism