The European Residential Care and Social Work Services sector displayed varied output shares among countries in 2023. Germany led with the highest output at 47.48 million euros, followed by the Netherlands at 19.75 million euros. Spain and Italy had moderate outputs of 11.06 and 9.64 million euros, respectively. Other notable contributors were Finland and Ireland, while smaller countries like Cyprus had minimal contributions.
Year-on-year analysis for 2023 reveals growth in most countries, with Luxembourg and Estonia experiencing notably high increases of 6.99% and 10.21%, respectively. In contrast, Italy saw a slight decline. Over the past five years, trends indicated positive growth, particularly for smaller economies.
Future trends to watch include potential market expansions in smaller countries, likely driven by demographic changes and policy developments. The digital transformation of care services may also provide enhanced efficiency and cost-effectiveness, influencing output shares across Europe.
Top countries in Residential Care and Social Work Services Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 47.48 | 2023 | +3.94% | +4.33% | View data |
| 2 | 2 Netherlands | 19.75 | 2023 | +5.44% | +6.23% | View data |
| 3 | 3 Spain | 11.06 | 2023 | +4.64% | +4.86% | View data |
| 4 | 4 Italy | 9.64 | 2023 | +0.086% | -0.033% | View data |
| 5 | 5 Finland | 5.69 | 2023 | +4% | +4.14% | View data |
| 6 | 6 Ireland | 2.89 | 2023 | +3.06% | +4.45% | View data |
| 7 | 7 Portugal | 1.84 | 2023 | +1.87% | +1.42% | View data |
| 8 | 8 Luxembourg | 1.03 | 2023 | +5.82% | +6.99% | View data |
| 9 | 9 Slovenia | 0.36 | 2023 | +7.83% | +9.98% | View data |
| 10 | 10 Estonia | 0.12 | 2023 | +9.29% | +10.21% | View data |
