In 2023, Latvia exhibited a significant surge at 28.79% in healthcare expenditure on medical practices, leading Europe. Switzerland and Luxembourg recorded modest growths at 0.35% and 0.12%, respectively. Liechtenstein, Germany, and France saw declines, of -1.5%, -1.07%, and -1.32%. Positive performances in Romania and Malta were observed with 3.46% and 4.52% growths, respectively. Croatia experienced the steepest decline at -8.44%, while Lithuania grew by 4.14% from a low base. Other noteworthy increases were seen in Slovenia (6.33%), Ireland (3.61%), and Poland (4.3%).
Anticipated future trends in European healthcare expenditure on medical practices include:
- Continued growth in Eastern European countries like Latvia and Romania, driven by structural healthcare reform and increased funding.
- Steady but moderate growth in well-established health systems such as Switzerland and Luxembourg.
- Potential recovery in countries with recent declines as they implement policy changes and efficiency improvements in healthcare budgeting.
- Ongoing monitoring of economic and political influences, which may substantially impact spending trends across different regions.
Top countries in Healthcare Expenditure on Medical Practices by Country
| # | 10 Countries | Percent of Total Current Health Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 25.37 | 2023 | +27.3% | +28.79% | View data |
| 2 | 2 Switzerland | 15.55 | 2023 | 0% | +0.35% | View data |
| 3 | 3 Liechtenstein | 14.52 | 2023 | -2.29% | -1.5% | View data |
| 4 | 4 Luxembourg | 13.81 | 2023 | +0.072% | +0.12% | View data |
| 5 | 5 Germany | 12.99 | 2023 | -0.38% | -1.07% | View data |
| 6 | 6 Belgium | 12.03 | 2023 | -2.2% | -2.76% | View data |
| 7 | 7 Cyprus | 11.96 | 2023 | +0.76% | +2.44% | View data |
| 8 | 8 Czech Republic | 11.36 | 2023 | -0.26% | -0.99% | View data |
| 9 | 9 Portugal | 10.99 | 2023 | +3.68% | +0.18% | View data |
| 10 | 10 Estonia | 10.77 | 2023 | +0.19% | +1.74% | View data |
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