Analysis of the European healthcare expenditure on laboratory services reveals significant disparities across countries with Latvia spending the highest at 1.15% of GDP and Poland the lowest at 0.03% of GDP. Over the past year, notable increases were seen in Latvia (37.97%), Bulgaria (25.16%), Lithuania (22.42%), and Croatia (13.35%). Meanwhile, Greece (-12.94%) and Poland (-5.59%) experienced declines. Historically, Latvia's rapid year-on-year growth contrasts with more modest increases in countries like Belgium (8.06%) and Norway (2.18%). Luxembourg and Romania showed decreases over the last year.
Looking forward, trends to watch include potential stabilization in high-growth countries like Latvia, Bulgaria, and Lithuania. Monitoring the impact of healthcare policies and economic conditions on both rising and declining expenditures will be crucial. Special attention should be given to healthcare innovation and digital transformation initiatives that could reshape laboratory service expenditures across Europe.
Top countries in Healthcare Expenditure on Laboratory Services by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 1.15 | 2023 | +29.21% | +37.97% | View data |
| 2 | 2 Croatia | 0.58 | 2023 | +5.45% | +13.35% | View data |
| 3 | 3 Norway | 0.49 | 2023 | 0% | +2.18% | View data |
| 4 | 4 Cyprus | 0.48 | 2023 | 0% | +0.85% | View data |
| 5 | 5 Slovakia | 0.46 | 2023 | +2.22% | +4.45% | View data |
| 6 | 6 Bulgaria | 0.43 | 2023 | +22.86% | +25.16% | View data |
| 7 | 7 Estonia | 0.42 | 2023 | +5% | +4.32% | View data |
| 8 | 8 Switzerland | 0.34 | 2023 | +3.03% | +3.23% | View data |
| 9 | 9 Sweden | 0.3 | 2023 | 0% | +1.39% | View data |
| 10 | 10 Bosnia and Herzegovina | 0.3 | 2023 | 0% | 0% | View data |