Panama - Domestic private health expenditure (% of current health expenditure)

Domestic private health expenditure (% of current health expenditure) in Panama was 33.79 as of 2019. Its highest value over the past 19 years was 39.21 in 2012, while its lowest value was 31.88 in 2008.

Definition: Share of current health expenditures funded from domestic private sources. 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 32.06
2001 33.06
2002 33.72
2003 34.39
2004 33.35
2005 37.10
2006 34.57
2007 32.17
2008 31.88
2009 32.05
2010 32.34
2011 34.29
2012 39.21
2013 37.36
2014 37.12
2015 36.72
2016 34.32
2017 35.91
2018 35.42
2019 33.79

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