European healthcare expenditure on residential long-term care facilities varies significantly by country. As of 2024, the Netherlands leads with the highest expenditure at 3.18% of GDP, followed by Switzerland (1.97%), Sweden (1.96%), and Norway (1.83%). Notable year-on-year increases in 2023 were seen in Iceland (4.2%), Czech Republic (7.21%), and Romania (5.39%), while Belgium and Bulgaria observed declines. Over the last five years, the compound annual growth rate (CAGR) for these expenditures has highlighted dynamic changes, especially in Eastern European countries.
Future trends to watch for include:
- Potential increases in healthcare spending in Eastern Europe and the Balkans as these regions catch up with Western European standards.
- The impact of aging populations in Western Europe, potentially increasing long-term care demands and expenditures.
- The influence of technological advancements and policy changes on efficiency and cost management in long-term care facilities.
Top countries in Healthcare Expenditure on Residential Long-Term Care Facilities by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 3.18 | 2023 | +1.27% | +3.17% | View data |
| 2 | 2 Switzerland | 1.97 | 2023 | +0.51% | +0.62% | View data |
| 3 | 3 Sweden | 1.96 | 2023 | -0.51% | -0.3% | View data |
| 4 | 4 Norway | 1.83 | 2023 | +1.67% | +2.22% | View data |
| 5 | 5 Malta | 1.79 | 2023 | +1.13% | +1.77% | View data |
| 6 | 6 Iceland | 1.56 | 2023 | +1.96% | +4.2% | View data |
| 7 | 7 Finland | 1.43 | 2023 | +1.42% | +3.06% | View data |
| 8 | 8 France | 1.42 | 2023 | +0.71% | +2.42% | View data |
| 9 | 9 Belgium | 1.27 | 2023 | +0.79% | -4.99% | View data |
| 10 | 10 Germany | 1.22 | 2023 | +1.67% | +2.66% | View data |
