Healthcare expenditure on day long-term care in Sweden as a percentage of GDP has shown a consistent downward trend from 2013 to 2023. Starting at 0.16% in 2013, it dropped to 0.12% by 2023. Significant year-on-year decreases were observed, particularly in 2016 (-6.25%), 2018 (-6.67%), 2020 (-7.14%), and 2023 (-7.69%). Over the last two years (2022-2023), the expenditure contracted by 7.69%, and the 5-year CAGR from 2018 to 2023 stands at -3.04%.
Looking ahead, the forecast indicates a continued decline, albeit at a slower rate, with a projected 5-year CAGR from 2023 to 2028 of -1.73%, resulting in an 8.33% overall decrease in expenditure by 2028.
Future trends to watch for:
- Potential policy changes in healthcare funding and their impact on long-term care expenditures.
- Demographic shifts, particularly an aging population that could affect the demand for long-term care services.
- Technological advancements in healthcare that may result in cost efficiencies.
