Forecast: Health Expenditure in Kenya

Health expenditure in Kenya has shown a consistent upward trend from 2013 to 2023, with an increase from 5.57% to 6.67% of GDP. Notably, from 2021 to 2023, the year-on-year percentage variation slightly declined, reflecting a stable yet slow growth in health expenditure. The average annual growth (CAGR) over the last five years hovered around 1.63%. Future projections suggest a continual rise, reaching 7.13% of GDP by 2028, albeit at a decelerating average annual growth rate of 1.07% over the next five years.

Future trends worth watching include:

  • Potential impact of economic fluctuations on health funding
  • Government policy changes regarding health sector investments
  • Evolution of healthcare technology and infrastructure
  • Shifts in population demographics and urbanization rates

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