Over the last decade, healthcare expenditure on curative care in Finland has experienced notable fluctuations. From 2013 to 2019, expenditures generally increased, but growth rates were modest, averaging a CAGR of around 1%. From 2020 onwards, expenditures began a steady decline, with a pronounced downturn evident in values for 2021, 2022, and 2023, translating to a negative CAGR of -1.79% over the past five years.
Looking ahead, forecasts from 2024 to 2028 predict a continued decline in healthcare expenditure, with an average annual decrease of -0.76% (CAGR) over this period. By 2028, the cumulative reduction is projected to be approximately -3.75% from 2023 levels.
Future trends to watch for include:
- Potential impacts of aging population dynamics on curative care demands.
- Government policy changes and healthcare reform initiatives.
- Technological advancements and their effects on cost efficiencies.
