The healthcare expenditure on long-term care in Norway is forecasted to gradually increase from 2.1 thousand euros per capita in 2024 to 2.14 thousand euros per capita in 2028. This represents a steady year-on-year growth rate of approximately 0.48% per annum. In 2023, the expenditure stood at 2.09 thousand euros per capita. The compounded annual growth rate (CAGR) over the last five years suggests an average annual increase of about 0.5% in long-term care expenditure.
This trend indicates a consistent and moderate rise in healthcare spending on long-term care, reflecting the anticipated growing needs of an aging population. Future trends to watch for include advancements in healthcare technology, changes in government policy regarding healthcare funding, and demographic shifts that may further drive up the demand for long-term care services.
