Forecast: Healthcare Expenditure on Home Based Long-Term Care in Norway

The healthcare expenditure on home-based long-term care in Norway was 15.34% of total current health expenditure in 2023. Forecasted values show a steady increase, reaching 16.47% by 2028. Year-on-year, the expenditure is expected to grow by approximately 1.54% from 2024 to 2025, 1.46% from 2025 to 2026, and 1.37% from 2026 to 2027, maintaining a steady upward trajectory. Over the last two years, the variations have been relatively consistent, indicating a reliable upward trend. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is around 1.42%, suggesting a stable average annual increase.

Future trends to watch for include demographic shifts towards an aging population, potential advancements in home healthcare technologies, and governmental policy changes aimed at supporting home-based long-term care services. Additionally, socio-economic factors, such as increased awareness and preference for home care, may also play a crucial role in shaping the expenditure trajectory.

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