The healthcare expenditure on outpatient long-term care in Belgium has shown significant fluctuations over the years. Starting at 171.34 million Euros in 2013, it experienced both increases and decreases, reaching 233.91 million Euros in 2023. Notably, sharp increases were observed in certain years, such as an 11.17% rise in 2017 and a 12.08% jump in 2020. Recent years, however, have seen a slight decline with a -0.021% year-on-year decrease in 2023. The Compound Annual Growth Rate (CAGR) for the last five years up to 2023 stands at 4.25%.
Future trends forecasted up to 2028 suggest a relatively stable expenditure pattern with a minimal decline, noting a forecasted 5-year CAGR of -0.01%. It's important to monitor the impact of demographic changes, advances in medical technology, and policy adjustments on these forecasted trends.
