NSCB - 2004 Philippine National Health Accounts

Total health expenditure grew by 6.2% in 2004

The total health expenditure of the country reached P165.2 billion in 2004, indicating an 11.2 percent annual increase from a 14-year high of 25.3 percent growth registered in 2003 at current prices. In real terms, total health expenditure increased to P41.3 billion from P38.9 billion the previous year, which translates to a 6.2 percent growth.

STATISTICS	2003 1/	2004
Total Health Expenditure (in billion pesos, at current prices)	148.6	165.2
Health Expenditure Growth Rate (%) at current prices	25.3	11.2
Total Health Expenditure (in billion pesos, at 1985 prices)	38.9	41.3
Health Expenditure Growth Rate (%) at 1985 prices	18.2	6.2

1/ revised
Source: National Statistical Coordination Board

Per capita health spending also increases

With the total health expenditure growth surpassing the population growth, per capita health spending at current prices was P162 higher, from P1,817 in 2003 to P1,979 in 2004. Health expenditure per capita at constant prices showed a P19 increase or 4.0 percent from last year’s P475 to this year’s P494.

STATISTICS	2003	2004
Health Expenditure Per Capita (in pesos, at current prices)	1,817	1,979
Health Expenditure Per Capita (in pesos, at 1985 prices)	475	494
Population (million)	81.8	83.5
Population Growth Rate (%)	2.1	2.1