2023年前的政府卫生支出趋势：峰值、下降和不断增加的风险（英）

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report highlights a significant decline in government health spending (GHS) per capita across 63 low- and lower-middle-income countries (LICs and LMICs) from 2019 to 2023, indicating a troubling trend for public health investments [12][38] - The analysis emphasizes the need for increased prioritization of health in government budgets to achieve Sustainable Development Goals (SDGs) and address funding shortfalls [41][45] Summary by Sections Executive Summary - The report presents trends in GHS across 63 countries, covering nearly 90% of the population in these income groups, and compares data from 2019 to 2023 with pre-pandemic trends [36][37] - It identifies a steady decline in GHS per capita post-pandemic, raising concerns about the long-term trajectory of public health investments [38] Trends in Government Spending on Health - Average real GHS per capita in LICs fell to approximately US$10.0 in 2023, while LMICs saw spending revert to around US$55 [77] - The average annual growth rate of GHS per capita was only 0.4% in LICs and 0.9% in LMICs from 2019 to 2023, significantly lower than pre-pandemic growth rates [79][80] Risks to Health Spending Sustainability - The report identifies 35 countries facing intensified risks to GHS sustainability, with declines in health spending share and per capita amounts [40][114] - It emphasizes that without decisive policy action, many countries will struggle to meet health-related SDGs [44][45]