Between 2013 and 2019, healthcare expenditure on general hospitals in France exhibited a slight downward trend, with fluctuations and no consistent growth pattern. This trend dramatically reversed in 2020, with a significant increase in expenditure by 13.96% year-on-year, likely due to the COVID-19 pandemic. Post-2020, expenditures began to decline again, decreasing by 2.25% in 2021 and 4.35% in 2022. The figures for 2023 remained the same as the previous year, reflecting no change from 2022. Over the last five years leading to 2023, the compound annual growth rate (CAGR) stands at 1.05%. In 2023, the expenditure was 3.74% of GDP.
Forecasts for 2024 onwards predict stable expenditure at 3.74% of GDP, with neither growth nor decline anticipated, resulting in a forecasted five-year CAGR and growth rate of 0%. Future trends to watch for include potential impacts from policy changes, technological advancements, and demographic shifts which may disrupt the predicted stability.
Key points to monitor:
- Policy changes in healthcare funding and reimbursement.
- Technological advancements that could alter hospital costs.
- Demographic shifts, particularly aging population impacts.
- Post-pandemic recovery and potential healthcare reforms.
