In 2023, healthcare expenditure on home-based long-term care in Finland stood at 14.75% of the Total Current Health Expenditure. Moving forward to 2024, this share is forecasted to rise to 14.95%, initiating a steady upward trend. By 2025, it is expected to reach 15.15%, followed by 15.34% in 2026, 15.53% in 2027, and hitting 15.71% in 2028. This indicates a consistent year-on-year percentage increase over the forecast period, showcasing an incremental yet stable rise in the allocation towards home-based long-term care.
Key Variations:
- 2023-2024: +1.36%
- 2024-2025: +1.34%
- 2025-2026: +1.26%
- 2026-2027: +1.24%
- 2027-2028: +1.16%
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2024 to 2028 is forecasted to average at approximately 1.27% per year.
Future trends to watch for include the potential impact of demographic shifts, advances in home care technologies, and policy changes focused on aging populations. These factors could further accelerate or decelerate the growth rate of expenditure on home-based long-term care.
