Global Health Economics Model

Where health spending is heading, country by country, to 2030.

Forecasts, scenario analysis and financing-risk rankings for ~190 countries, built on IMF and World Bank data and backtested out of sample.

countries modelled
country-year observations
median 6-yr backtest error
Health spending vs national income, 186 countries (constant 2021 PPP$, log, log)
What the model does

Three views of every health economy

One estimation framework, a fixed-effects panel, across two decades of national accounts and health-financing data, feeding three decision-ready outputs.

Expenditure forecasts

Per-capita health spending paths to 2030 in constant PPP terms, anchored to each country's latest reported data and driven by IMF WEO real-growth projections.

Scenario analysis

Baseline, low-growth, fast-aging and combined downside paths for every country: how spending responds when growth stalls or demographics accelerate.

Financing-risk rankings

A nine-component composite spanning out-of-pocket burden, government financing capacity, fiscal space and projected trajectory, surfacing the systems under most strain.

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Explore a country

History from 2015, then four scenario paths to 2030. Constant 2021 international dollars per capita.

Country parameters for societal-perspective and cost-of-illness modelling: labour productivity (World Bank, constant PPP$), labour-force participation and unemployment (ILO modelled estimates), and the share of population with catastrophic out-of-pocket health spending (WHO, SDG 3.8.2).

Financing risk

Systems under strain

The top of the risk ranking, from 184 scored countries, now including two direct affordability measures: the share of people already pushed past the WHO catastrophic-spending threshold, and how projected 2030 out-of-pocket costs compare with household capacity to pay. The full table, component detail and country packs are available on request.

#CountryIncome groupRisk score Catastrophic % 2030 OOP vs capacity

Catastrophic % = share of population with out-of-pocket health spending above 10% of household budget (WHO, SDG 3.8.2, latest year per country). 2030 OOP vs capacity = our projected out-of-pocket spend per person in 2030 against the catastrophic threshold; above 100% means the average person would cross it.

Method

Built to be interrogated

TRANSPARENT ESTIMATION

Country fixed-effects panel, 2000-2023: real income elasticity ~1.0, and a measured aging effect of per percentage point of population over 65.

BACKTESTED HONESTLY

PUBLIC, CITABLE SOURCES

World Bank World Development Indicators (CC BY 4.0), IMF World Economic Outlook, UN population projections. Every number traces to a published series.

Country packs & bespoke analysis

Full risk-component detail, extended horizons and tailored scenario work for specific markets, or the model applied to your portfolio question.

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