Forecast: Healthcare Expenditure on Mental Health Hospitals in Finland

Over the past decade, healthcare expenditure on mental health hospitals in Finland has experienced considerable fluctuations. From 2013 to 2023, there has been an overall declining trend, with a few years of increase. In 2023, the expenditure stood at 0.96 Euros Per Capita. Year-on-year variations have generally been volatile, with notable declines in 2014, 2015, 2016, 2019, and 2021, combined with significant increases in 2013, 2017, and 2020. The CAGR for the last five years was -1.78%, indicating a moderate annual decrease in spending.

For the coming years, from 2024 through 2028, the forecasted data suggests a continued slight decrease in expenditure with a forecasted 5-year CAGR of -0.42%. This aligns with an overall 5-year growth rate of -2.11%.

Future trends to watch for include:

  • Potential policy changes or budget allocations targeting mental health services
  • Impact of global and local economic conditions on healthcare expenditure
  • Emerging technologies and their integration into mental health treatment, potentially influencing costs
  • Public awareness and advocacy for mental health that might drive increased funding

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