Global Formal Long-Term Care Workers in Institutions by Country

In 2023, the United States led with 748.72k formal long-term care workers in institutions, though witnessing a 5.26% decline. Germany maintained growth at 1.6%, totaling 386.48k. Notably, South Korea and Portugal showed significant increases at 4.7% and 3.83%, respectively. Conversely, Israel experienced an 11.82% drop. Over the past five years, a varied CAGR trend emerged, displaying the complex dynamics across countries.

Future trends to watch include technological advancements impacting workforce efficiency, demographic shifts increasing demand in aging populations, and policy changes affecting employment conditions. Additionally, cross-border workforce migration and economic conditions will heavily influence the sector’s trajectory.