In 2023, European healthcare expenditure on pharmaceuticals and medical non-durable goods by government schemes showed notable variations. Malta leads with significant growth at 33.93% year-on-year, driving its expenditure to 2.93% of GDP. Italy, Spain, and Portugal also witnessed moderate increases, while Estonia experienced a remarkable surge of 48.96%. Conversely, countries like Ireland and France posted notable declines. Germany’s expenditure growth is notable with a substantial 19.42% increase. Stable expenditure in regions such as the Netherlands and Luxembourg suggests a leveling trend.
Looking forward, European countries should monitor the impact of demographics, innovation, and economic fluctuations on healthcare budgets. The focus will likely shift to sustainable expenditure growth, cost-efficiency, and addressing demographic challenges through strategic healthcare planning and innovative treatments. Maintaining or improving GDP percentage allocations for healthcare will be crucial in adapting to these evolving factors.
Top countries in Healthcare Expenditure on Pharmaceuticals and Medical Non-Durable Goods by Government Schemes by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 2.93 | 2023 | +21.07% | +33.93% | View data |
| 2 | 2 Italy | 1.03 | 2023 | 0% | +1.21% | View data |
| 3 | 3 Spain | 1.01 | 2023 | -0.98% | +1.88% | View data |
| 4 | 4 Portugal | 0.89 | 2023 | -1.11% | +3.48% | View data |
| 5 | 5 Latvia | 0.66 | 2023 | 0% | +0.93% | View data |
| 6 | 6 United Kingdom | 0.66 | 2023 | 0% | -1.17% | View data |
| 7 | 7 Sweden | 0.56 | 2023 | -1.75% | -0.7% | View data |
| 8 | 8 Ireland | 0.54 | 2023 | -3.57% | -4.22% | View data |
| 9 | 9 Iceland | 0.5 | 2023 | +4.17% | +8.67% | View data |
| 10 | 10 Norway | 0.41 | 2023 | 0% | +0.5% | View data |
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