This year, the report focuses on health spending in 2021, providing new insights into the dynamics of increased global spending on health through the pandemic. Leveraging available detailed expenditure data from a set of countries, the report also provides insights into the strategies employed by healthcare providers to respond to new and evolving demands during the pandemic, and sheds light on how countries coped with the challenges posed by competing priorities between COVID-19 and other diseases. Additionally, the report explores health capital investments, which shape current operational capacity and are essential for forging a path toward effective and resilient health systems. Join us in gaining a deeper understanding of the complexities of global health spending through this challenging period and what it means for the future.