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

The latest value for Domestic private health expenditure per capita (current US$) in The Bahamas was 952.74 as of 2019. Over the past 19 years, the value for this indicator has fluctuated between 991.65 in 2018 and 616.22 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 616.22
2001 641.59
2002 658.31
2003 671.06
2004 685.03
2005 733.93
2006 805.47
2007 839.26
2008 841.86
2009 791.96
2010 812.67
2011 817.41
2012 877.14
2013 866.22
2014 910.19
2015 900.67
2016 901.16
2017 955.29
2018 991.65
2019 952.74

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