From 2013 to 2023, healthcare expenditure by hospitals in Germany showcased a steady growth with periods of fluctuation. The expenditure remained stable from 2013 to 2016, but saw minor declines in 2017. The following years recaptured growth especially in 2019 with a notable increase of over 3%. The expenditure surged significantly in 2020, with an 11.59% increase due to the global pandemic, but it decreased by 4.64% in 2021. However, post-2021, the expenditure has seen moderate year-on-year growth of around 1.15% in 2022 and 0.57% in 2023, where it stood at 3.55 GDP units.
Looking forward, the forecasted data from 2024 to 2028 presents an average yearly CAGR of 0.44%, suggesting a consistent but moderate growth rate. By 2028, the expenditure is expected to rise to 3.65 GDP units, indicating a steady pace of healthcare investment in response to evolving healthcare demands and systemic reforms.
Future trends to watch for include the impact of technological advancements, policy changes, and potential global health crises which could markedly influence healthcare expenditures. Additionally, demographic shifts such as an aging population could drive higher spending in hospital healthcare services.
