In 2023, Germany led European healthcare expenditure at €530.67 billion, followed by France at €361.63 billion and the United Kingdom at €263.26 billion. Italy and Spain also demonstrated significant spending at €166.24 billion and €147.87 billion, respectively. High year-on-year increases were observed in smaller economies such as Latvia (17.59%), Cyprus (15.84%), and Bulgaria (13.11%). Larger economies displayed moderate growth, with Germany seeing a 6.55% rise and France a 6.43% increase.
Noteworthy trends include substantial investments in countries like the Netherlands and Austria, with year-on-year increases of 7.45% and 7.99%, respectively. Healthcare expenditure in Eastern European countries like Romania and Lithuania has seen significant upward trends, highlighting a shift towards improved healthcare infrastructure and services in these regions.
Future trends to watch include a continued rise in healthcare investment across smaller economies seeking to match their Western counterparts. Additionally, technological advancements, aging populations, and post-pandemic recovery efforts will likely drive further spending increases across the continent, with digital health initiatives and telemedicine as key areas of focus.
Top countries in Healthcare Expenditure on Current Health Care by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 530,670 | 2023 | +6.47% | +6.55% | View data |
| 2 | 2 France | 361,630 | 2023 | +8.01% | +6.43% | View data |
| 3 | 3 United Kingdom | 263,260 | 2023 | +1.06% | +1.89% | View data |
| 4 | 4 Italy | 166,240 | 2023 | +1.42% | +1.57% | View data |
| 5 | 5 Spain | 147,870 | 2023 | +6.34% | +6.29% | View data |
| 6 | 6 Netherlands | 111,070 | 2023 | +6.92% | +7.45% | View data |
| 7 | 7 Switzerland | 81,850 | 2023 | +3.06% | +4.34% | View data |
| 8 | 8 Sweden | 63,840 | 2023 | +2.65% | +4.39% | View data |
| 9 | 9 Austria | 58,960 | 2023 | +9.12% | +7.99% | View data |
| 10 | 10 Belgium | 57,290 | 2023 | +2.71% | +2.77% | View data |
