Healthcare
Ensure healthy lives and promote well-being for all at all ages
Current Scenario of Healthcare in the World
In 2020, the value of announced greenfield projects in the health sector declined by 39% in developing and transition economies and by 82% in least developed countries
The average domestic spending on health of lower income countries was only $34 per capita in 2018, about 4.4% of GDP, of which nearly 60% was out-of-pocket
The share of out-of-pocket spending in total health spending remained above 40% in low and lower middle-income countries
In 2018, global spending on health reached $8.3 trillion, or 10% of global GDP, and it was the first time in the past five years that health spending grew slower than GDP
In 2018, external aid for health was at $16.2 billion, which is around 0.2% of the total global spending