Out-of-pocket health expenditure — all countries

Out-of-pocket health expenditure — Venezuela

Out-of-pocket health expenditure in Venezuela in 2023 — 29.69%. Ranked 107 in the world out of 192. Since 2018, the indicator has fallen by 7.22 pp.

2023 29.69% +4.8 pp vs 2022
World rank 107of 192
Period maximum 36.9%2018
Period minimum 24.89%2022

Trend over time

2018–2023 · % of health expenditure

Out-of-pocket health expenditure — Venezuela, 2018–202320253035402018201920202021202220232018: 36.9%2019: 34.12%2020: 28.95%2021: 28.06%2022: 24.89%2023: 29.69%
Change over the period: −7.22 pp Annual average: -1.44 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela 29.69%
World 17.33%
South America computed 26.19%
Out-of-pocket health expenditure — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2023 29.69 +4.8 pp
2022 24.89 −3.17 pp
2021 28.06 −0.9 pp
2020 28.95 −5.17 pp
2019 34.12 −2.78 pp
2018 36.9

About the indicator

Payments people make for medical care directly at the point of use — as a percent of all current health expenditure in the country. Insurance contributions and taxes are excluded: only what a person takes out of their pocket at the counter. The indicator is considered a key measure of financial protection: the higher it is, the more often illness means ruin, and WHO tracks it as an indicator of the risk of catastrophic household spending.

Important: A high value means weak protection, not an active private sector: voluntary insurance is not part of this indicator, so a country with developed private insurance can have a low share of out-of-pocket payments.

Source: Global Health Observatory (WHO), license CC BY-NC-SA 3.0 IGO.