In 2023, healthcare expenditure on long-term nursing care facilities in Denmark stood at 3.98 billion Euros, evidencing a steady growth trend. Expenditure has increased consistently year-on-year, with notable peaks such as the 8.09% rise in 2018. The last two years' year-on-year variations were 2.05% in 2022 and 2.36% in 2023. The five-year CAGR leading to 2023 was 2.62%, indicating an average annual growth rate slightly higher than inflation during this period.
Looking ahead, the forecast suggests a continued increment in expenditure, reaching 4.43 billion Euros by 2028. The forecasted five-year CAGR is 1.69%, slower than the past five years but steady, indicating stable growth.
Future trends to watch for include:
- An aging population potentially accelerating demand and expenditure growth.
- Policy changes aiming to enhance care quality, possibly impacting costs.
- Technological advancements in care practices influencing expenditure patterns.
