Panama - Domestic private health expenditure per capita (current US$)

The latest value for Domestic private health expenditure per capita (current US$) in Panama was 403.10 as of 2019. Over the past 19 years, the value for this indicator has fluctuated between 403.10 in 2019 and 91.44 in 2000.

Definition: Current private expenditures on health per capita expressed in current US dollars. Domestic private sources include funds from households, corporations and non-profit organizations. Such expenditures can be either prepaid to voluntary health insurance or paid directly to healthcare providers.

Source: World Health Organization Global Health Expenditure database (http://apps.who.int/nha/database).

See also:

Year Value
2000 91.44
2001 92.91
2002 98.45
2003 98.69
2004 108.79
2005 112.96
2006 121.27
2007 137.45
2008 156.18
2009 169.90
2010 185.18
2011 211.56
2012 275.96
2013 295.45
2014 328.74
2015 340.81
2016 360.50
2017 375.77
2018 400.88
2019 403.10

Development Relevance: Strengthening health financing is one objective of Sustainable Development Goal 3 (SDG target 3.c). The levels and trends of health expenditure data identify key issues such as weaknesses and strengths and areas that need investment, for instance additional health facilities, better health information systems, or better trained human resources. Health financing is also critical for reaching universal health coverage (UHC) defined as all people obtaining the quality health services they need without suffering financial hardship (SDG 3.8). The data on out-of-pocket spending is a key indicator with regard to financial protection and hence of progress towards UHC.

Original Source Notes: The World Health Organization (WHO) has revised health expenditure data using the new international classification for health expenditures in the revised System of Health Accounts (SHA 2011). WHO’s Global Health Expenditure Database in this new version i

Statistical Concept and Methodology: The health expenditure estimates have been prepared by the World Health Organization under the framework of the System of Health Accounts 2011 (SHA 2011). The Health SHA 2011 tracks all health spending in a given country over a defined period of time regardless of the entity or institution that financed and managed that spending. It generates consistent and comprehensive data on health spending in a country, which in turn can contribute to evidence-based policy-making.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Health Indicators

Sub-Topic: Health systems