European healthcare expenditure on long-term nursing care facilities, expressed as a percentage of GDP, shows notable variations among countries. The Netherlands leads with an expenditure of 2.31%, followed by Sweden at 1.96%, and Norway at 1.83%. Countries like Bulgaria and Bosnia and Herzegovina exhibit minimal spending at 0.01%. Year-on-year changes for 2023 reflect growth in several regions, with Iceland (4.2%), Romania (5.92%), and the Czech Republic (7.26%) experiencing significant increases. Conversely, Finland (-4.01%), Cyprus (-3.04%), and Bosnia and Herzegovina (-12.94%) show notable reductions. Over the past five years, the compounded annual growth rates (CAGR) suggest fluctuating investment trends, emphasizing varying national priorities and economic conditions.
Future trends to watch include:
- Potential policy changes influencing expenditure distribution
- Economic impacts from demographic shifts and aging populations
- Technological advancements in healthcare impacting operational costs
- The continued economic recovery post-COVID-19
- Cross-country collaborations for improving healthcare systems.
Top countries in Healthcare Expenditure on Long Term Nursing Care Facilities by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 2.31 | 2023 | +0.87% | +2.92% | View data |
| 2 | 2 Sweden | 1.96 | 2023 | -0.51% | -0.3% | View data |
| 3 | 3 Norway | 1.83 | 2023 | +1.67% | +2.22% | View data |
| 4 | 4 Malta | 1.79 | 2023 | +2.29% | +3.19% | View data |
| 5 | 5 Iceland | 1.56 | 2023 | +1.96% | +4.2% | View data |
| 6 | 6 Switzerland | 1.54 | 2023 | +0.65% | +0.66% | View data |
| 7 | 7 France | 1.38 | 2023 | 0% | +2.16% | View data |
| 8 | 8 Germany | 1.22 | 2023 | +1.67% | +2.66% | View data |
| 9 | 9 Denmark | 1.15 | 2023 | 0% | -0.17% | View data |
| 10 | 10 Belgium | 1 | 2023 | +4.17% | -2.92% | View data |
