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

The latest value for Domestic private health expenditure per capita (current US$) in Venezuela was 182.69 as of 2019. Over the past 19 years, the value for this indicator has fluctuated between 587.60 in 2010 and 121.60 in 2003.

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 192.06
2001 215.16
2002 153.74
2003 121.60
2004 134.42
2005 178.34
2006 238.87
2007 317.92
2008 440.24
2009 581.77
2010 587.60
2011 448.92
2012 466.64
2013 428.63
2014 457.94
2015 362.93
2016 266.23
2017 210.73
2018 161.47
2019 182.69

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