In 2023, the European healthcare expenditure on day long-term care varied significantly by country. Germany led with 1.92 billion Euros, followed by Spain at 1.21 billion Euros. Italy and Sweden were at 0.749 billion Euros and 0.67343 billion Euros respectively. Observations indicate significant year-on-year variations; Germany saw a 17.86% increase, Hungary had a notable 22.2% rise, while the United Kingdom experienced a decline of -8.02%. Smaller markets such as Iceland, Croatia, and Bosnia and Herzegovina showed more volatile changes, ranging from -30.38% in Iceland to a substantial growth of 47.58% in Croatia. Over the last five years, countries like Ireland, Belgium, and the Netherlands showed a consistent CAGR in spending.
Future trends to watch in European healthcare expenditure on day long-term care include increased digital health initiatives and more efficient resource allocation. Aging populations in nations like Germany and Italy may drive higher expenditures. Additionally, reforms and policies centered around elderly care, especially in smaller countries, could significantly alter the spending landscape. Monitoring these trends will be essential for understanding the dynamics of healthcare allocation in the region.
Top countries in Healthcare Expenditure on Day Long-Term Care by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,920 | 2023 | +12.05% | +17.86% | View data |
| 2 | 2 Spain | 1,210 | 2023 | +0.91% | +3.07% | View data |
| 3 | 3 Italy | 749 | 2023 | -2.85% | -4.68% | View data |
| 4 | 4 Sweden | 673.43 | 2023 | -0.2% | +0.085% | View data |
| 5 | 5 Ireland | 258.28 | 2023 | +2.65% | +4.25% | View data |
| 6 | 6 Belgium | 181.02 | 2023 | +12.83% | +4.04% | View data |
| 7 | 7 Netherlands | 177.52 | 2023 | +0.32% | +4.86% | View data |
| 8 | 8 Czech Republic | 152.37 | 2023 | +11.07% | +11.83% | View data |
| 9 | 9 Luxembourg | 78.55 | 2023 | +0.98% | +1.17% | View data |
| 10 | 10 Switzerland | 66.48 | 2023 | +6.3% | +4.79% | View data |