The European healthcare expenditure on medical goods (non-specified by function) as a percentage of GDP shows significant variation across countries. In 2023, Malta led with the highest expenditure at 3.65% of GDP, experiencing a 31.17% year-on-year increase. The Netherlands saw a notable rise of 69.52%. Germany also exhibited a substantial increase of 12.2%. Conversely, countries like Belgium and Hungary experienced declines, with reductions of 7.79% and 5.59%, respectively. The United Kingdom and Ireland also faced decreases in expenditure.
Future trends suggest focusing on:
- The implications of rising healthcare costs in countries with significant increases.
- The impact of digital health technologies on reducing necessary expenditure.
- Long-term sustainability of healthcare funding models in countries experiencing decreased government spending.
Top countries in Healthcare Expenditure on Medical Goods (Non Specified by Function) by Government Schemes by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 3.65 | 2023 | +20.46% | +31.17% | View data |
| 2 | 2 Italy | 1.07 | 2023 | 0% | +0.96% | View data |
| 3 | 3 Spain | 1.03 | 2023 | -0.96% | +2.06% | View data |
| 4 | 4 Portugal | 0.98 | 2023 | -1.01% | +3.38% | View data |
| 5 | 5 Iceland | 0.71 | 2023 | +2.9% | +6.84% | View data |
| 6 | 6 Latvia | 0.71 | 2023 | +1.43% | +1.78% | View data |
| 7 | 7 United Kingdom | 0.68 | 2023 | -1.45% | -1.68% | View data |
| 8 | 8 Sweden | 0.66 | 2023 | -1.49% | -1.17% | View data |
| 9 | 9 Norway | 0.56 | 2023 | 0% | +0.73% | View data |
| 10 | 10 Ireland | 0.55 | 2023 | -3.51% | -4.15% | View data |
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