European Healthcare Expenditure on Hospitals by All Financing Schemes by Country

As of 2023, Malta and Cyprus show the highest healthcare expenditure on hospitals as a percentage of GDP, at 8.37% and 7.11%, respectively. High expenditures were also observed in Spain and the Czech Republic. The smallest percentage of GDP allocated to hospital expenditure is found in Liechtenstein, followed by Luxembourg. Year-on-year growth in 2023 was significant in Malta and Cyprus, reflecting 19% and 18% growth, respectively. Over the past five years, there is a notable CAGR increase in smaller economies like Latvia, while Ireland faced a slight downturn. The UK and Germany saw modest increases.

Potential future trends to monitor in European healthcare expenditure include the impact of aging populations on hospital demand and costs, shifting healthcare policies across different nations, and the advancement of medical technologies favoring outpatient over inpatient care. Additionally, economic factors and healthcare reform initiatives may significantly influence expenditure patterns in the coming years.