HistoryData

Healthcare Spending: Philippines

Philippines's healthcare spending is currently 5.101 % of GDP as of 2023. # Philippines Healthcare Spending The Philippines allocated 5.

Current (2023)
5.101 % of GDP
-1.1% y/y
Peak (2021)
5.975 % of GDP
Low (2002)
2.638 % of GDP
Source
World Bank World Development Indicators
20002023 · 24 pts

Healthcare SpendingPhilippines

20002023

Healthcare Spending — Philippines
2.638% of GDP3.472% of GDP4.307% of GDP5.141% of GDP5.975% of GDP2000201020202023LowPeak
Analysis# Philippines Healthcare Spending The Philippines allocated 5.101% of its GDP to healthcare in 2023, representing a substantial increase from the 2.638% recorded in 2002—a 67% rise over two decades. Although current spending remains below the all-time peak of 5.975% reached in 2021, the nation has maintained healthcare investment above 5% since 2020, indicating a sustained commitment to the sector despite economic fluctuations. The most dramatic shift occurred between 2019 and 2020, when healthcare spending jumped from 4.166% to 5.162% of GDP, likely reflecting pandemic-related demands. Following the 2021 peak, spending has stabilized around 5.1-5.2%, suggesting the Philippines is consolidating its elevated healthcare investment rather than reverting to pre-pandemic levels. This plateau indicates a structural shift toward greater health sector funding compared to the 3.7-4.0% range that characterized the 2014-2019 period.

Historical Data

24 Rows
YearValueChange %
20235.101 % of GDP-1.07%
20225.156 % of GDP-13.71%
20215.975 % of GDP+15.75%
20205.162 % of GDP+23.91%
20194.166 % of GDP+5.36%
20183.954 % of GDP-0.15%
20173.96 % of GDP+0.13%
20163.955 % of GDP+1.46%
20153.898 % of GDP+5.27%
20143.703 % of GDP-13.36%
20134.274 % of GDP+2.32%
20124.177 % of GDP+3.78%
20114.025 % of GDP-2.57%
20104.131 % of GDP-0.82%
20094.165 % of GDP+7.82%
20083.863 % of GDP+2.93%
20073.753 % of GDP-0.66%
20063.778 % of GDP+0.94%
20053.743 % of GDP+22.84%
20043.047 % of GDP-0.97%
Show all 24 rows
YearValueChange %
20033.077 % of GDP+16.64%
20022.638 % of GDP-7.37%
20012.848 % of GDP-6.78%
20003.055 % of GDP

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