Venezuela - Out-of-pocket expenditure per capita (current US$)

The latest value for Out-of-pocket expenditure per capita (current US$) in Venezuela was 62.56 as of 2019. Over the past 19 years, the value for this indicator has fluctuated between 363.78 in 2010 and 62.56 in 2019.

Definition: Health expenditure through out-of-pocket payments per capita in USD. Out of pocket payments are spending on health directly out of pocket by households in each country.

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

See also:

Year Value
2000 146.50
2001 162.39
2002 117.62
2003 84.56
2004 91.95
2005 121.86
2006 152.10
2007 204.96
2008 279.08
2009 350.57
2010 363.78
2011 273.06
2012 243.46
2013 218.18
2014 208.16
2015 165.71
2016 140.11
2017 143.13
2018 94.03
2019 62.56

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