Overall, government spending on health shows a steady upward trend and is projected to become the largest proportion of GDP among the three sectors by 2025. In contrast, expenditure on education is expected to remain relatively stable, while spending on roads and railways is set to decline gradually throughout the period.
In 2000, both education and health accounted for around 5% of GDP, while roads and railways received slightly less at about 4.8%. Over the next decade, health expenditure increased steadily, overtaking education in approximately 2004 and continuing to rise to about 6% by 2015. This upward trajectory is projected to persist, reaching nearly 8% by 2025.
Spending on education followed a marginally declining trend from just over 5% in 2000 to around 4.5% in 2015. It is expected to remain stable at this level through to 2025, with only slight fluctuations. In contrast, the budget for roads and railways declined significantly from around 4.8% in 2000 to under 3.5% in 2010. Although there was a minor recovery after that, it is forecast to decrease again slightly, reaching approximately 3.5% by 2025.
In summary, while health spending is projected to increase dramatically, becoming the government’s top priority by 2025, investment in education will stay steady, and funding for infrastructure will continue to shrink.