The Gross Value Added (GVA) for European Human Health and Social Work Activities in 2023 showed significant variations among countries. France led with €229.42 billion, marking a 3.73% increase, indicating strong growth in the sector. Italy, Spain, and Greece experienced modest rises, at 0.45%, 2.85%, and 4.39% respectively. Notably, Slovakia, Slovenia, and Latvia exhibited substantial growth, with Latvia's GVA surging by 14.05%. Smaller economies like Malta and Cyprus also grew, with increases of 8.7% and 4.81% respectively.
Future trends to watch include:
- A focus on technological integration in healthcare to drive growth.
- Potential impacts of demographic changes, with aging populations likely increasing demand.
- Policy changes and EU funding affecting regional disparities in growth.
- Attention to sustainability and efficient resource utilization in health and social sectors.
Top countries in Human Health and Social Work Activities Gross Value Added by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 229,420 | 2023 | +4.57% | +3.73% | View data |
| 2 | 2 Italy | 95,660 | 2023 | -0.0087% | +0.45% | View data |
| 3 | 3 Spain | 84,250 | 2023 | +2.51% | +2.85% | View data |
| 4 | 4 Greece | 8,290 | 2023 | +1.93% | +4.39% | View data |
| 5 | 5 Slovakia | 4,690 | 2023 | +5.49% | +8.45% | View data |
| 6 | 6 Slovenia | 2,860 | 2023 | -0.42% | +6.78% | View data |
| 7 | 7 Latvia | 1,930 | 2023 | +11.65% | +14.05% | View data |
| 8 | 8 Malta | 1,010 | 2023 | +7.37% | +8.7% | View data |
| 9 | 9 Cyprus | 944.7 | 2023 | +2.71% | +4.81% | View data |
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