European Healthcare Expenditure on Medical Practices by Country

The 2024 European healthcare expenditure on medical practices reveals a significant variation among countries. Latvia leads with 2.87% of its GDP, experiencing a substantial year-on-year increase of 45.51%, indicating a strong investment in healthcare infrastructure. Switzerland, Germany, and Austria exhibit more moderate increases. Contrarily, Belgium and Spain see slight decreases. Most notable is Slovenia, with a year-on-year increase of 14.3%, pointing towards enhanced healthcare reforms or increased spending in the sector.

Countries like Lithuania (-10.76%) and Bosnia and Herzegovina (-1.84%) exhibit nominal growth, while Romania (13.26%), Cyprus (7.95%), and Estonia (4.18%) showcase upward trends. Unexpectedly, Portugal and France have seen marginal decreases or minimal increases, respectively, suggesting potential budget reallocations or efficiency improvements in healthcare delivery.

Future trends to watch include:

- Continued high growth in Latvia and Slovenia, with potential spill-over effects on neighboring nations.- Moderate but steady increases in Western European countries like Germany and Switzerland.- Emerging growth in healthcare expenditure within Eastern and Southern European nations, particularly Romania and Cyprus.

Top countries in Healthcare Expenditure on Medical Practices by Country

# 10 Countries Percent of GDP Last Year YoY 5-years CAGR
1 1 Latvia 2.87 2023 +34.74% +45.51% View data
2 2 Switzerland 1.82 2023 +1.11% +1.98% View data
3 3 Germany 1.71 2023 +0.59% +1.72% View data
4 4 Belgium 1.42 2023 0% -1.09% View data
5 5 Austria 1.38 2023 +5.34% +5.42% View data
6 6 Czech Republic 1.26 2023 +6.78% +7.2% View data
7 7 Cyprus 1.07 2023 +1.9% +7.95% View data
8 8 Portugal 1.04 2023 +0.97% +0.39% View data
9 9 France 0.94 2023 0% -0.42% View data
10 10 Liechtenstein 0.93 2023 0% +1.34% View data

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