The healthcare expenditure on long-term nursing care facilities in Sweden has shown a declining trend from 2013 to 2023, with a notable drop in 2021. In 2023, expenditure stood at 17.41 units of total current health expenditure, reflecting a slight year-on-year decrease of 0.74%. Over the last two years, expenditure demonstrated mixed movements, decreasing by 0.74% between 2022 and 2023 and an increase of 1.8% between 2021 and 2022. The compound annual growth rate (CAGR) over the past five years has been -0.85%, further emphasizing the ongoing downward trend.
Forecast data from 2024 to 2028 suggest a continued decline, with a projected 5-year CAGR of -0.6% and an overall reduction of around 2.95% by 2028. This indicates an ongoing reduction in spending on long-term nursing care facilities.
Future trends to watch for include:
- The impact of demographic changes, especially an aging population, on long-term care facility expenditures.
- Potential shifts in healthcare policies and their influence on funding and resource allocation.
- Technological advancements and efficiency improvements in long-term care provision.
