The value added of healthcare in Sweden has experienced a consistent upward trajectory from 2013 through 2023, starting at 183.47 billion SEK in 2013 and reaching 267.41 billion SEK in 2023. The annual growth rate varied between 2.35% and 5.51% over the years, with a noticeable dip in 2020 at 2.35%, likely due to the COVID-19 pandemic. Over the last two years, the increase has been moderated, standing at 2.95% in 2022 and 2.83% in 2023. The compound annual growth rate (CAGR) over the last five years (2018-2023) is 3.04%.
Looking forward, the forecast for the value added in healthcare from 2024 onwards shows a continued upward trend, albeit at a more subdued pace. The 5-year CAGR forecast until 2028 is 1.99%, indicating a stable but slower growth rate compared to the past decade. This is expected to result in a cumulative growth of 10.36% over the five years to 303.18 billion SEK by 2028.
Trends to watch for in the future include the impact of technological advancements, demographic shifts such as an aging population, and policy changes that could influence funding and priorities within the healthcare sector. Additionally, potential global health crises and their economic impacts remain key factors to monitor going forward.