Chart of the Day: SG healthcare spending to reach $45.9b in 2030

Fitch Solutions expects the government to ramp up its healthcare expenditure in the coming years.

This chart from Fitch Solutions shows its forecast of the Singapore government’s healthcare spending, which it expects to reach $45.9b (US$36.7b) in 2030 or 5.8% of the gross domestic product.

“The government’s commitment towards ensuring affordable healthcare through providing sufficient medical funding will see its healthcare expenditure continue to grow at a rapid pace over the coming years,” Fitch Solutions said in a report.

Fitch expects healthcare spending to reach $25.9b (US$19.5b) by the end of 2021, higher than the $24.5b (US$17.7b) recorded the year previous.

By 2025, it expects health expenditure to reach a value of $33b (US$26.3b), representing a compound annual growth rate of 6.1%.

Follow the link s for more news on

Fitch Solutions

GDP

healthcare

Healthcare spending

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia