Expenditure in relation to GDP
Apparently, the Nationwide Company for Regional Well being Providers (Agenas) is the supply of Meloni’s numbers. In March Agenas He wrote in a report that the funding of the Nationwide Well being Service will attain the aforementioned 134 billion euros in 2024. Based on the company, this determine represents a worth equal to six.8 p.c of GDP, a rise in comparison with 6.6 p.c in 2023, when the funding of just about 129 billion.
The full values confirmed additionally by the Courtroom of Auditors, however the Agenas figures have at the very least two issues. The primary drawback: the company used Istat estimates of nominal GDP up to date in September 2023, which stopped at 2022. If we evaluate the worth of the annual funding for the NHS and the newest estimates, revised upwards in March, the ratio of funding to GDP falls. The second drawback: how Defined Lorenzo pays the solar The paper, Agenas made a mistake in estimating the worth of the nominal GDP for 2023 and 2024 (a yr not but accomplished). The company utilized 0.7 p.c development to GDP 2022 to calculate GDP 2023 and utilized the identical development proportion to GDP 2023 to calculate 2024 development The annual development of 0.7 p.c was the one estimated by Istat when Agenas made the calculations, however the nationwide statistical institute refers back to the actual GDP and to not the nominal GDP, ie the GDP utilized by the company. That is no small distinction: actual GDP development is definitely internet of inflation, so with Agenas’ error, Agenas underestimated absolutely the worth of GDP to which it associated the worth of funding to the Nationwide Well being Service. On this means, the ratio between financing and GDP is overestimated, which in 2024 will not be equal to six.8 p.c.