The healthcare expenditure on day long-term care in Austria showed a steady, albeit slow, increase from 2013 to 2019, rising from 0.1 to 0.12 units of total current health expenditure. The period from 2020 to 2021 experienced stability with values at 0.1. In 2022, a noticeable growth occurred, with expenditure reaching 0.12 and continuing to rise to 0.13 in 2023. Year-on-year variations from 2013 to 2023 indicate a mix of slow growth and stability, with notable drops in 2020 and gradual recovery thereafter. The average annual growth rate over the last five years (CAGR) leading to 2023 is 1.61%.
Looking forward, forecast data suggest a modest increase, with expenditure expected to reach 0.14 by 2028. The forecasted 5-year CAGR from 2024 to 2028 is 1.49%, implying a stable and slightly upward trend. The growth rate for the period is projected to be 7.69%.
Future trends to watch for:
- Impact of potential policy reforms on healthcare funding.
- Advancements in day care technologies that could influence cost structures.
- Demographic changes, including an aging population, which might lead to increased demand.
- External economic factors that could affect public health budget allocations.
