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Philippines Current health expenditure (% of GDP)
What is Philippines' current health expenditure (% of gdp)? As of 2023, it's 5.1 Percentage, up from 3.7 Percentage in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | Current health expenditure (% of GDP) |
|---|---|
| 2014 | 3.7031 Percentage |
| 2015 | 3.8983 Percentage |
| 2016 | 3.9548 Percentage |
| 2017 | 3.9604 Percentage |
| 2018 | 3.9538 Percentage |
| 2019 | 4.1665 Percentage |
| 2020 | 5.1621 Percentage |
| 2021 | 5.975 Percentage |
| 2022 | 5.1559 Percentage |
| 2023 | 5.1012 Percentage |
Data Source: World Bank and Wantstats Repository
Philippines Current health expenditure (% of GDP): Key Points
- Over 2014-2023, Philippines' current health expenditure moved from 3.70 Percentage to 5.10 Percentage, a rise of 38% from start to finish.
- 2015: jumps to 3.90 Percentage (+5%).
- 2016-2018: sits at 3.95 Percentage, near enough unchanged.
- 2019-2021: surges to 5.97 Percentage (+51%).
- 2022: drops to 5.16 Percentage (-14%).
- Full span, 2014 to 2023: net gain of 37.8%, ending at 5.10 Percentage.
Reading A Choppy Series
This chart doesn't support a simple narrative. It moves up, it moves down — pick any two years and you can tell almost any story you want. Look at the whole series, not a slice of it.
Big, sudden moves like the one in 2020 (24%) are exactly the kind of single data point that can mislead if taken out of context — check it against a second source.
Worth pairing this with the same indicator for a handful of comparable economies before concluding anything about Philippines specifically — a move that looks large here can be the regional norm, or genuinely unusual, and this chart alone can't say which.
This series reflects Philippines's official reporting via the linked source. Statistics of this kind are typically benchmarked against periodic censuses or surveys, with intervening years estimated.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
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Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.