In 2023, Germany led in day long-term care health expenditure among European countries, with a significant 17.86% year-on-year increase, reaching 34.65 million Euros. Spain and Ireland also experienced modest growth, while Italy faced a decline of 4.68%. The United Kingdom saw an 8.02% drop, contrasting sharply with Hungary's 22.2% growth and Croatia's remarkable 51.57% rise, despite its smaller expenditure base. Notable increases were seen in the Netherlands, with a 4.86% rise, and the Czech Republic, at 11.83%.
Future trends to watch in European healthcare expenditure on day long-term care include:
- Germany's continued expansion, driven by demographic pressures and policy support.
- Potential recovery in Italy and the UK as they address the causes of recent declines.
- Emerging markets like Croatia and Hungary showing substantial growth potential, possibly leading to more significant investments.
- The overall impact of aging populations across Europe, necessitating heightened investment in long-term care facilities and services.
- Technology-driven innovations improving cost efficiency and quality of care, influencing spending patterns.
Top countries in Healthcare Expenditure on Day Long-Term Care (Health) by All Financing Schemes Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.65 | 2023 | +12.05% | +17.86% | View data |
| 2 | 2 Spain | 21.83 | 2023 | +0.91% | +3.07% | View data |
| 3 | 3 Italy | 13.5 | 2023 | -2.85% | -4.68% | View data |
| 4 | 4 Sweden | 12.14 | 2023 | -0.2% | +0.085% | View data |
| 5 | 5 Ireland | 4.66 | 2023 | +2.65% | +4.25% | View data |
| 6 | 6 Belgium | 3.26 | 2023 | +12.83% | +4.04% | View data |
| 7 | 7 Netherlands | 3.2 | 2023 | +0.32% | +4.86% | View data |
| 8 | 8 Czech Republic | 2.75 | 2023 | +11.07% | +11.83% | View data |
| 9 | 9 Luxembourg | 1.42 | 2023 | +0.98% | +1.17% | View data |
| 10 | 10 Switzerland | 1.2 | 2023 | +6.3% | +4.79% | View data |
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