The expenditure on long-term care in Belgium, expressed as a unit of GDP, showcased varied trends over the past decade. Between 2013 and 2018, the expenditure saw a continuous upward trend, peaking at 2.71 in 2018. However, there was a noticeable decline from 2019 to 2021, reaching its lowest at 2.37 in 2021. The expenditure then saw minor recovery, standing at 2.41 in 2023. Over the last two years, there was a slight increase year-on-year by 0.84%, yet the Compound Annual Growth Rate (CAGR) remained negative at -2.32%. The forecast from 2024 to 2028 predicts modest growth with a 5-year CAGR of 0.49%, ending at 2.48 in 2028.

Future trends to watch for:

Expectations of gradual recovery in long-term care expenditure as the post-pandemic stabilization advances.
Potential impacts of aging population and evolving healthcare policies on long-term expenditure trends.
Monitoring economic conditions and government spending priorities which could affect future expenditure increments.