Forecast: Day Care Places in Italy

The data reveals a consistent decline in day care places in Italy from 2013 to the present. In 2023, the number of day care places stood at 11.01 thousand, down from 17.59 thousand in 2013. Year-on-year variations show frequent decreases ranging from -1.53% to -8.15%, with the largest drop in 2017. More recently, the declines have moderated somewhat, averaging around -4.45% to -5.1% over the last two years. The most recent CAGR over the last 5 years is -4.22%, indicating an ongoing contraction.

Forecasts for the period from 2024 to 2028 suggest a continuation of this downward trend, with an anticipated 5-year CAGR of -4.85% and a total reduction of approximately 22% by 2028.

Future trends to watch for include demographic shifts such as declining birth rates, changes in family structures, and potential policy interventions that could influence the supply and demand for day care places in Italy.

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