Over the last ten years, government healthcare expenditure in Sweden has shown a general upward trend. The value stood at 54.94 billion Euros in 2023. Between 2013 and 2023, notable increases occurred in 2020 (by 6.74%) and 2021 (by 10.84%), likely influenced by pandemic-related expenditures. The last two years saw moderate increases of 2.8% in 2022 and 2.73% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stood at 4.7%.
Forecasts suggest a continued rise in expenditure, reaching 62.02 billion Euros by 2028, with an average annual growth rate of 1.93% over the next five years. While the growth rate slows compared to recent history, the total expenditure is projected to grow by 10% over this period.
Future trends to watch:
- Impact of demographic shifts, such as aging population, on healthcare costs.
- Fluctuations in healthcare policy and funding priorities.
- Technological advancements and their influence on healthcare service provision and costs.