The healthcare expenditure on residential long-term care facilities in Austria has shown fluctuations over the years. Between 2013 and 2020, there was a general trend of slight increases and decreases, with notable drops in 2016 and 2021. From 2021 onwards, the expenditure continued its downward trend before stabilizing in the following years. As of 2023, the value stood at 7.96 units of Total Current Health Expenditure. Year-on-year analysis indicates mild positive variations in recent years with a minor increase of 0.25% in 2023. The 5-year CAGR leading up to 2023 was -1.72%, signaling a slight decline in overall expenditure.
Looking towards the future, forecast data predicts a stabilized expenditure with minor marginal increases, with the 5-year CAGR projected at 0.1% into 2028. This implies muted growth, if any, but relatively stable expenditure levels. Key trends to watch for include demographic shifts such as aging population growth, potential changes in healthcare policies, and advancements in care technology that could influence future expenditure on residential long-term care facilities.
