In 2023, Austria's healthcare expenditure on long-term care was valued at 6.88 billion Euros. From 2024 to 2028, forecasted expenditures show a consistent upward trend, increasing each year from 7.04 billion Euros in 2024 to 7.77 billion Euros in 2028. Year-on-year percentage increase is approximately 2.7% to 2.8% per annum. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is around 2.7%.
Future trends to watch for include demographic shifts such as an aging population, which could further drive up demand for long-term care. Technological advancements and policy changes in healthcare could also impact future spending significantly.
