In 2023, Germany led the European production of residential care and social work activities with €124.35 billion, closely followed by France at €94.34 billion. Noteworthy other contributors included the Netherlands and Italy, while smaller nations like Estonia and Slovenia reported minor outputs. Over the past two years, Ireland showed the most significant growth at 3.91%, contrasting with Greece, which experienced a slight decline of 0.33%. Over the last five years, the overall sector exhibited a consistent positive CAGR.
Future trends to watch in this sector include:
- Innovative care models driven by technology integration impacting production efficiency
- Increasing demand due to aging populations across Europe
- Policy shifts influenced by socio-economic and healthcare system changes
- Investment flows and workforce dynamics crucially shaping national outputs
Top countries in Production of Residential Care and Social Work Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 124,350 | 2023 | +2.81% | +3.18% | View data |
| 2 | 2 France | 94,340 | 2023 | +1.83% | +1.98% | View data |
| 3 | 3 Netherlands | 43,730 | 2023 | +1.88% | +1.84% | View data |
| 4 | 4 Italy | 29,200 | 2023 | +1.95% | +2.04% | View data |
| 5 | 5 Spain | 25,800 | 2023 | +1.93% | +1.91% | View data |
| 6 | 6 Belgium | 15,880 | 2023 | +2.37% | +2.58% | View data |
| 7 | 7 Finland | 14,350 | 2023 | +2.3% | +2.46% | View data |
| 8 | 8 Austria | 10,130 | 2023 | +2.65% | +2.82% | View data |
| 9 | 9 Ireland | 8,320 | 2023 | +2.91% | +3.91% | View data |
| 10 | 10 Luxembourg | 2,400 | 2023 | +3.14% | +2.93% | View data |
