European Healthcare Expenditure on Day Long-Term Care by Residential Long-Term Care Facilities by Country

In 2023, Sweden led European countries in healthcare expenditure on day long-term care by residential facilities at 0.12% of GDP, despite a slight decline of 3.04%. Spain saw a modest increase of 2.71% to 0.08%. Luxembourg and Germany noted significant changes; Luxembourg's expenditure fell 6.51% to 0.05%, while Germany saw a sharp growth of 10.76%, matching Luxembourg's GDP share. Other countries such as Belgium, the Netherlands, Austria, Cyprus, and Switzerland maintained stability, with expenditures ranging from 0.02% to 0.01% of GDP.

Future Trends to Watch:

• Growing demand for long-term care due to aging populations may drive increased expenditure.
• Technological advancements could lead to efficiency gains, potentially stabilizing costs.
• Policy changes and funding adjustments across countries will be critical in shaping future trends.