The healthcare expenditure on hospitals in Germany exhibited minimal change from 2013 to 2018, generally hovering around 3.21% of GDP. Notable fluctuations began in 2019 with a 3.14% increase, followed by a significant peak in 2020 at 11.59% due to the COVID-19 pandemic. The subsequent decline in 2021 was tempered by steady yet moderate growth from 2022 to 2023, which stood at 3.55% of GDP. The compound annual growth rate (CAGR) for the last five years indicated a yearly increase of 2.23%.
Future trends to watch include a forecasted gradual increase in expenditure, with the CAGR from 2024 to 2028 projected at 0.44%. These projections suggest a modest yet consistent rise in hospital-related healthcare spending driven by factors such as demographic shifts, expanding healthcare needs, and potential advancements in medical technology.
- 2013-2018: Minimal fluctuations, stable around 3.21% GDP
- 2019: Growth of 3.14%
- 2020: Significant increase of 11.59% due to pandemic
- 2021: Decline of 4.64%
- 2022-2023: Steady growth, reaching 3.55% GDP in 2023
- 2019-2023 CAGR: 2.23%
- 2024-2028 forecast: Gradual growth with a 5-year CAGR of 0.44%
