The 2024 projected healthcare expenditure on day long-term care as a percentage of GDP reveals a diverse landscape across European countries. Sweden and Luxembourg lead the spending with 0.12% of GDP, showing no growth and a slight decrease, respectively, compared to previous years. Spain sees a moderate increase of 2.13%, while the Czech Republic shows a significant rise of 8.45%. Germany's expenditure jumps by 10.76% while Italy's spending declines by 4.36%. Other countries, including Belgium, the Netherlands, Hungary, Cyprus, Switzerland, Iceland, Austria, and Lithuania, report negligible changes at 0.01-0.03% GDP.
Future trends to watch for include potential adjustments in spending due to aging populations, policy changes, and increased demand for day long-term care services. Countries with forecasted increases, particularly in Eastern Europe, could reallocate resources to meet long-term care needs, impacting overall healthcare expenditure.
Top countries in Healthcare Expenditure on Day Long-Term Care by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 0.12 | 2023 | -7.69% | -3.04% | View data |
| 2 | 2 Luxembourg | 0.12 | 2023 | 0% | 0% | View data |
| 3 | 3 Spain | 0.1 | 2023 | 0% | +2.13% | View data |
| 4 | 4 Czech Republic | 0.06 | 2023 | +20% | +8.45% | View data |
| 5 | 5 Ireland | 0.06 | 2023 | 0% | 0% | View data |
| 6 | 6 Germany | 0.05 | 2023 | +25% | +10.76% | View data |
| 7 | 7 Italy | 0.04 | 2023 | 0% | -4.36% | View data |
| 8 | 8 Belgium | 0.03 | 2023 | 0% | 0% | View data |
| 9 | 9 Netherlands | 0.02 | 2023 | 0% | 0% | View data |
| 10 | 10 Estonia | 0.02 | 2023 | 0% | +14.87% | View data |