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Data, Methods, and Key Variables for Financial Projections Ajay Tandon Senior Economist Global Practice for Health, Nutrition, and Population World Bank Washington, DC, USA E-mail: [email protected] Montreux, December 10, 2014

Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

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Page 1: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Data, Methods, and Key Variables for Financial Projections

Ajay Tandon

Senior Economist

Global Practice for Health, Nutrition, and Population

World Bank

Washington, DC, USA

E-mail: [email protected]

Montreux, December 10, 2014

Page 2: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Health & Economy Database

Combination of data from WHO, WB, IMF, and other publically-available database for a host of issues:

WHO global health expenditure database for health financing variables.

WDI data on health and economic outcomes, including WHO-WB UHC recommended indicators.

IMF data from WEO outlook.

Additional data from POLITY, ILO, and other sources, including burden of disease from IHME.

Covers 1960-2019; updated every 3-6 months.

STATA programs for standardized analytics.

Page 3: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Measuring Progress towards UHC

Access to family planning

At least 4 ANC visits

Measles immunization

Improved water source

Adequate sanitation

Non-use of tobacco

Skilled birth attendance

Anti-retroviral therapy

TB case detection and

treatment rate

Hypertension treatment

Diabetes treatment

Incidence of catastrophic health expenditure

Incidence of impoverishment resulting from high levels of health expenditure

WHO-WB Measurement Framework Recommended UHC Indicators

Page 4: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Health Outcome Analytics

Chile

Thailand Brazil

Costa Rica

China

South Africa

Kenya

EthiopiaNigeria

Turkey

Peru

Indonesia

India

1995

2012

12

525

100

400

Under-

five m

ort

alit

y per

1,0

00 li

ve b

irth

s

1 26 51 76 101 126 151 176Country rank in 1995

Note: y-axis log scale

Under-five mortality, 1995-2012

Brazil

Chile

Ethiopia Ghana

India

Nigeria

South Africa

Costa Rica

Vietnam

12

525

100

400

Under-

five m

ort

alit

y per

1,0

00 li

ve b

irth

s

250 1000 5000 15000 50000GDP per capita, US$

y-axis and x-axis log scale

Under-five mortality vs income, 2011

Source: WDIUNICO countries highlighted

Page 5: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Burden of Disease

Non-communicable

Communicable

Injuries

37%

56%

7%

1990

Non-communicable

Communicable

Injuries

49%43%

9%

2000

Non-communicable

Communicable

Injuries

58%

33%

9%

2010

Source: IHME

Non-communicable

Communicable

Injuries

33.1%

58.9%

8.4%

1990

Non-communicable

Communicable

Injuries

40.4%

49.7%

10.1%

2000

Non-communicable

Communicable

Injuries

49.3%

40.0%

11.2%

2010

Source: IHME

Indonesia Myanmar

Page 6: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Ethno-linguistic Fractionalization

Tunisia

Brazil

Thailand

Kenya

China

Vietnam

PeruPhilippines

India

Indonesia

South AfricaNigeria

Ethiopia

0.2

.4.6

.81

Eth

no-l

ingu

istic fra

ction

aliz

ation

ind

ex

(0=

hom

oge

no

us, 1

=h

ete

roge

no

us)

Source: Alesina et al (2003)Note: Index measures probability that two randomly selected individuals fromthe population belong to different ethno-linguistic groups

Ethno-linguistic fractionalization across UNICO countries

Page 7: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

$1-a-day/$2-a-day Poverty Rates

$2-a-day

$1-a-day

02

04

06

08

01

00

Pro

po

rtio

n o

f to

tal po

pu

lation

(%

)

Low income Lower-middle income Upper-middle income High income

Eth

iopi

a

Ken

ya

Kyr

gyz

Rep

ublic

Niger

iaIn

dia

Vie

tnam

Gha

na

Phi

lippine

s

Geo

rgia

Gua

tem

ala

Indo

nesia

Tunisia

Thaila

nd

Jam

aica

ChinaPer

u

Colom

bia

Sou

th A

frica

Cos

ta R

ica

Mex

ico

Turke

y

Arg

entin

a

Bra

zil

Chile

Source: WDINote: Data are for latest available year

Absolute poverty rates in UNICO countries

Page 8: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Levels of Informality

02

04

06

08

01

00

Se

lf-e

mp

loyed

sh

are

of to

tal em

plo

yed

(%

)

Low income Lower-middle income Upper-middle income High income

Kyr

gyz

Rep

ublic

Ken

ya

Eth

iopi

a

Philip

pine

s

Gua

tem

ala

Indo

nesia

Geo

rgia

Vie

tnam

Niger

ia

Gha

naIn

dia

China

Sou

th A

frica

Arg

entin

a

Cos

ta R

ica

Tunisia

Bra

zil

Mex

ico

Turke

y

Jam

aica

Per

u

Colom

bia

Thaila

nd

Chile

Source: WDI

Self-employment in UNICO countries, 2011

Page 9: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

ILO Breadth of Coverage Database

Page 10: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Trends in Coverage and OOP Spending

Coverage

OOP share

10

30

50

70

90

Perc

ent (%

)

1995 1998 2001 2004 2007 2010Year

Source: WHO

Philippines

Coverage

OOP share

10

30

50

70

90

Perc

ent (%

)

1995 1998 2001 2004 2007 2010Year

Source: WHO

Vietnam

Coverage

OOP share

10

30

50

70

90

Perc

ent (%

)

1995 1998 2001 2004 2007 2010Year

Source: WHO; China Health Service Report

China

Coverage

OOP share

10

30

50

70

90

Perc

ent (%

)

1995 1998 2001 2004 2007 2010Year

Source: WHO

Thailand

Page 11: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Macro-Fiscal Indicators

UNICO countries

Non-UNICO countries

Asian financial crisis Global financial crisis

02

46

8

1995 1998 2001 2004 2007 2010 2012

Source: WDI

Average GDP growth: UNICO vs non-UNICO countries, 1995-2012

India

JamaicaGhana

Chile

China

Nigeria

Kyrgyz Republic

Ethiopia

Argentina

Brazil

-20

-10

-30

10

20

Fis

ca

l de

ficit to G

DP

ra

tio (

%)

0 25 60 100 150 200 250 300Debt to GDP ratio (%)

Source: IMFNote: UNICO countries highlighted

Fiscal deficit and government debt to GDP ratio, 1995-2012

Page 12: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)
Page 13: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)
Page 14: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)
Page 15: Data, Methods, and Key Variables for Financial Projections · Note: y-axis log scale Under-five mortality, 1995-2012 Brazil Chile Ethiopia Ghana India Nigeria ... OOP share 50 90)

Gross general government debt

Expenditures

Revenues

General government balance

-20

-10

010

20

30

40

50

60

70

80

90

10

0

Pe

rcen

t of G

DP

(%

)

1993 1997 2001 2005 2009 2013 2017Year

Inflation rate

Economic growth rate

Unemployment rate

-20

-10

010

20

30

40

50

60

Pe

rcen

t (%

)

1993 1997 2001 2005 2009 2013 2017Year

Source: WB & IMF

Key fiscal/economic indicators for IndonesiaActual:1995-2011; Projected:2012-2017