The European healthcare expenditure on residential long-term care facilities varies significantly by country, with Sweden leading at 1.81% of GDP and Bulgaria and Bosnia and Herzegovina at the low end with 0.01%. There were noteworthy variations in 2023, with Malta and Norway showing strong growth of 9.75% and 2.38% respectively. Conversely, Cyprus and Bulgaria recorded sharp declines of 7.79% and 12.94%. The overall regional trend shows increasing investment in countries such as Portugal and the Netherlands, both at 12.89% growth in 2023, while Greece saw a notable decrease of 5.59%.
Future trends to watch include:
- Continued investment in healthcare infrastructure by countries like Portugal and the Netherlands, driving long-term increases.
- Potential stabilization in countries with declining budgets, such as Cyprus and Bulgaria, as they address economic constraints.
- Impact of aging populations in Nordic countries potentially pushing expenditure upwards.
- Variations reflecting broader economic and policy changes in the European Union.
Top countries in Healthcare Expenditure on Residential Long-Term Care Facilities by Government Schemes by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 1.81 | 2023 | 0% | -0.22% | View data |
| 2 | 2 Malta | 1.64 | 2023 | +7.19% | +9.75% | View data |
| 3 | 3 Norway | 1.62 | 2023 | +1.89% | +2.38% | View data |
| 4 | 4 Iceland | 1.56 | 2023 | +1.96% | +4.2% | View data |
| 5 | 5 Belgium | 1.35 | 2023 | +6.3% | -2.47% | View data |
| 6 | 6 Denmark | 1.08 | 2023 | 0% | -0.18% | View data |
| 7 | 7 Finland | 0.99 | 2023 | +1.02% | +1.04% | View data |
| 8 | 8 Switzerland | 0.9 | 2023 | +1.12% | +1.15% | View data |
| 9 | 9 Ireland | 0.84 | 2023 | -2.33% | -2.84% | View data |
| 10 | 10 Czech Republic | 0.79 | 2023 | +6.76% | +7.12% | View data |
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