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Philippines — Health spending
Health Spending (% of GDP) for Philippines, 2000–2023.
Latest value · 2023
5.10%
Health Spending (% of GDP) · % of GDP · +67.0% since 2000
Health spending for Philippines was 5.10% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 5.98% in 2021. The lowest was 2.64% in 2002 (about 1.9× the low point). Across that span the compound annual growth rate works out to 2.25% per year.
Philippines ranks 122 of 189 economies on this measure (1 = highest), putting it in the top 65%. The median for East Asia & Pacific is 5.94%, so Philippines sits below it. It peaked in 2021 and has fallen 15% since. Over the last decade (2013–2023) the figure moved up 19%.
Key figures
Latest (2023)
5.10%
First (2000)
3.06%
Change
+67.0%
Highest
5.98%
in 2021
Lowest
2.64%
in 2002
Average
3.98%
Annual growth (CAGR)
2.25%
Years of data
24
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 5.1% |
| 2022 | 5.16% |
| 2021 | 5.98% |
| 2020 | 5.16% |
| 2019 | 4.17% |
| 2018 | 3.95% |
| 2017 | 3.96% |
| 2016 | 3.95% |
| 2015 | 3.9% |
| 2014 | 3.7% |
| 2013 | 4.27% |
| 2012 | 4.18% |
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SH.XPD.CHEX.GD.ZS — Health Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.