Healthcare spending has increased in recent years in GDP terms, owing to rising disposable incomes and higher public healthcare expenditure. Given the public healthcare system's shortcomings, a quarter of Brazilians go private. Total spending is estimated at 9.1% of GDP in 2013, according to the World Health Organisation (WHO). This spending rate is higher than the Latin American average, but will stay at that level to 2018.
The Economist Intelligence Unit forecasts that total spending on healthcare will rise to US$257bn by 2018, implying compound annual growth in 2014-18 of 4-8% (partly reflecting currency depreciation) and 8% in local-currency terms-nearly 1 percentage point of which will be the result of population growth. This represents a slowdown in spending growth compared with 2008-12.
The economy grew by 2.5% in 2013, according to recent government estimates, and is expected to grow by less in 2014. From 2015 rates of GDP growth will be only around 3%, weaker than in the past. Owing to continued formalisation, tax revenue is likely to remain high (36% of GDP). This, together with royalties from recent oil discoveries, will support the expansion of the public healthcare budget.

Healthcare report 2

Healthcare spending 2

Healthcare provision 5

Pharma and biotech 6

Disease trends 9

Industry publishing schedule 12

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