The analysis of European healthcare expenditure on long-term care via voluntary health care payment schemes reveals the United Kingdom's dominance with a substantial 3.4 billion euros, reflecting a moderate growth of 3.12% in 2023. The Czech Republic and Lithuania exhibit significant growth rates of 6.33% and 18.31% respectively. Conversely, countries like Slovenia and Greece show declines, with Greece experiencing a substantial drop of 33.29%. The Compound Annual Growth Rate (CAGR) over the past five years highlights Lithuania's robust growth trajectory, contrasting the modest growth or stagnation seen in other regions.
Future trends to watch include:
- The potential for increased voluntary scheme participation amid aging populations across Europe.
- Technological advancements influencing cost efficiencies and expenditure distributions.
- The impact of economic conditions on funding and resource allocation in long-term care.
- Policy shifts towards integrated care solutions which may restructure spending priorities.
Top countries in Healthcare Expenditure on Long-Term Care (Social) by Voluntary Health Care Payment Schemes by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 3,400 | 2023 | +2.32% | +3.12% | View data |
| 2 | 2 Czech Republic | 480.27 | 2023 | +2.16% | +6.33% | View data |
| 3 | 3 Slovakia | 66.75 | 2021 | +5.13% | View data | |
| 4 | 4 France | 42.58 | 2023 | +0.33% | +3.74% | View data |
| 5 | 5 Switzerland | 25.03 | 2023 | +0.52% | +2.46% | View data |
| 6 | 6 Lithuania | 11.24 | 2023 | +13.19% | +18.31% | View data |
| 7 | 7 Romania | 6.61 | 2023 | +12.8% | +16.88% | View data |
| 8 | 8 Cyprus | 4.9 | 2023 | +5.6% | +6.99% | View data |
| 9 | 9 Slovenia | 0.12 | 2023 | -20% | -9.71% | View data |
| 10 | 10 Latvia | 0.11 | 2023 | 0% | 0% | View data |
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