The output of healthcare and social work activities in Sweden has shown consistent growth over the past decade, increasing from 510.95 Billion SEK in 2013 to 754.12 Billion SEK in 2023. This growth represents a steady upward trend, with year-on-year variations averaging around 4.2% from 2013 until 2016, followed by a more moderate growth pattern stabilizing at approximately 3% annually from 2020 forward. The forecast from 2024 to 2028 anticipates a continued increase, although at a slightly lower average annual growth rate of 2.12%, projecting the value to reach 861.73 Billion SEK by 2028.
- 2023 value: 754.12 Billion SEK
- Year-on-year growth (2022-2023): 3.03%
- 5-year CAGR (2018-2023): 3.09%
- 5-year CAGR forecast (2024-2028): 2.12%
- Forecasted growth rate over the next 5 years (2024-2028): 11.04%
Future trends to watch for include the impact of technological advancements in healthcare, demographic changes such as an aging population, and potential shifts in government policy and funding. These factors could influence both the demand for and the efficiency of healthcare and social work services, further shaping the sector’s growth trajectory in the coming years.
