Healthcare expenditure on residential long-term care facilities in Denmark has shown a consistent upward trend from 2013 to 2023. In 2023, the expenditure stood at 4.10 billion euros. The actual year-on-year variation in 2023 was 2.21%, aligning with a general upward tendency. Over the past five years leading to 2023, the compound annual growth rate (CAGR) was approximately 2.48%. Noteworthy is the sharp increase of 9.28% in 2018, which was an outlier in the otherwise moderate growth.
Looking ahead, from 2024 to 2028, the forecast suggests a continuation of this incremental rise, albeit at a slower pace. The 5-year forecasted CAGR is 1.56%, with an overall growth rate projected at 8.04% over the same period.
Future trends to watch for include:
- Potential impact of an aging population on increased demand for residential long-term care facilities.
- Policy changes or government funding shifts that could affect expenditure levels.
- Technological advancements in healthcare that could influence cost structures.