Based on 2024 forecasted data, Romania (3%) leads in European household expenditure on medical products, appliances, and equipment as a percentage of GDP, followed by Bulgaria (2.9%) and Poland (2.7%). Croatia and Greece show significant year-on-year growth at 9% and 7.21%, respectively, while Malta, Hungary, and Belgium report declines. The trend indicates a diversified expenditure pattern with Eastern European countries investing more heavily in medical goods relative to their GDP compared to Western Europe.
Future trends to watch for include increasing investments in healthcare by Eastern European countries, driven by rising healthcare needs and growing GDPs. Conversely, Western European countries may see stable or decreasing expenditure percentages as economies shift spending priorities towards other sectors.
Top countries in Household Expenditure on Medical Products, Appliances and Equipment by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 3 | 2023 | +3.45% | +7.39% | View data |
| 2 | 2 Bulgaria | 2.9 | 2023 | +3.57% | 0% | View data |
| 3 | 3 Poland | 2.7 | 2023 | +3.85% | +4.18% | View data |
| 4 | 4 Croatia | 2 | 2023 | 0% | +9% | View data |
| 5 | 5 Serbia | 1.9 | 2023 | +5.56% | +3.5% | View data |
| 6 | 6 Lithuania | 1.8 | 2023 | 0% | 0% | View data |
| 7 | 7 Greece | 1.7 | 2023 | +6.25% | +7.21% | View data |
| 8 | 8 Bosnia and Herzegovina | 1.7 | 2023 | 0% | +2.53% | View data |
| 9 | 9 Germany | 1.3 | 2023 | +8.33% | +1.61% | View data |
| 10 | 10 Portugal | 1.2 | 2023 | 0% | 0% | View data |
