Healthcare Expenditures Increased Above Average

Compared to 2023, an increase of 4.25 billion euros or eight percent to 57.03 billion euros was recorded, according to a release on Thursday. The share of healthcare expenditures in economic output also increased - to 11.8 percent of GDP, which corresponds to an increase of 0.6 percentage points.

"This increase is mainly due to the fact that expenditures in all areas of healthcare have increased significantly, while nominal GDP grew only slightly during the same period," said Thomas Burg, Director General of Statistics Austria.

Public and private healthcare expenditures higher

The increase affected both public and private healthcare expenditures. In 2024, the federal government, states, municipalities, and social insurance carriers accounted for 43.5 billion euros or around 76 percent of current healthcare expenditures. This is an increase of 7.5 percent compared to 2023 - for comparison: between 2017 and 2023, the average annual increase was 6.1 percent. There were particularly strong above-average increases for hospitals, outpatient treatments, long-term care, and medical aids.

The current healthcare expenditures of private households, voluntary health insurance, private non-profit organizations, and companies amounted to 13.53 billion euros or just under 24 percent of total expenditures in 2024. Here, the increase was even 9.8 percent - between 2017 and 2023, only an average increase of 2.8 percent was recorded. In the private sector, expenditures for inpatient and outpatient services also grew strongly.

(APA/Red)

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