Future long‑term care expenditure trajectories across OECD countries
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Public long‑term care (LTC) spending across OECD countries is projected to almost double by 2050, rising to 2.8% of GDP. This increase is driven by growing numbers of older people with care needs. Both components of LTC will expand: the health‑related share is projected to reach 1.7% of GDP, and the social‑care share 1.1% of GDP. These trends...
