Global health funding hit an all-time high of $31.3 billion in 2013, five times greater than in 1990, but its 3.9% growth from 2012 to 2013 shows it is at least slowing down a little, according to a new analysis by the Institute for Health Metrics and Evaluation (IHME) at the University of Washington in Health Affairs.
As funding from many bilateral donors and development banks has declined, growth in funding from the GAVI Alliance, the Global Fund to Fight AIDS, Tuberculosis and Malaria, non-governmental organizations, and the UK government is counteracting these cuts.
Global health funding remains small relative to what high-income countries spend on their own health, representing only 1% of these countries' health expenditure.