In 2023, Germany led European countries in healthcare expenditure on day long-term care with 1.92 billion euros, experiencing notable growth of 17.86% from the previous year. Spain, Italy, and Ireland followed with positive year-on-year variations, while Italy saw a decline. Eastern European countries like Hungary, Estonia, and Lithuania showed significant increases, contrasting with stable expenses in Nordic countries such as Sweden and declining numbers in the UK and Iceland. Over the last five years, the compound annual growth rate reveals varied dynamics between countries, highlighting Germany's robust increase and Croatia's remarkable growth.
Future trends to watch include the impact of aging demographics in Europe, technological advancements like telemedicine enhancing care accessibility, and policy changes emphasizing home-based care to manage costs efficiently. Monitoring economic conditions and healthcare reforms will be crucial in understanding how these factors shape expenditure patterns.
Top countries in Healthcare Expenditure on Day Long-Term Care (Health) by All Financing Schemes by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,920 | 2023 | +12.05% | +17.86% | View data |
| 2 | 2 Spain | 1,210 | 2023 | +0.91% | +3.07% | View data |
| 3 | 3 Italy | 749 | 2023 | -2.85% | -4.68% | View data |
| 4 | 4 Sweden | 673.43 | 2023 | -0.2% | +0.085% | View data |
| 5 | 5 Ireland | 258.28 | 2023 | +2.65% | +4.25% | View data |
| 6 | 6 Belgium | 181.03 | 2023 | +12.83% | +4.04% | View data |
| 7 | 7 Netherlands | 177.52 | 2023 | +0.32% | +4.86% | View data |
| 8 | 8 Czech Republic | 152.37 | 2023 | +11.07% | +11.83% | View data |
| 9 | 9 Luxembourg | 78.55 | 2023 | +0.98% | +1.17% | View data |
| 10 | 10 Switzerland | 66.48 | 2023 | +6.3% | +4.79% | View data |
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