The healthcare expenditure on residential long-term care facilities in Germany has shown some fluctuations from 2013 to 2023. The value stood at 9.14 in 2023, reflecting a stable but slightly increasing trend. Over this period, year-on-year variations have ranged from a decrease of 0.34% in 2015 to a significant increase of 4.36% in 2017. The recent trends from 2021 to 2023 indicate a modest recovery with a yearly increase of 0.22%.
From 2017 to 2023, the compound annual growth rate (CAGR) showed minor fluctuations but remained generally positive, with the highest CAGR being 1.01% in 2020. Looking ahead, the forecasted CAGR over the next five years (2024 to 2028) is expected to be around 0.11%, suggesting mild growth.
Future trends to watch for include the impact of demographic changes with an aging population potentially driving increased demand for long-term care services. Additionally, evolving healthcare policies and technological advancements could play significant roles in shaping expenditure patterns in this sector.
