Page 16 - Elderly care and housing demand in the EU

Overall ranking: Potential demand for elderly care and housing

3.1 The Netherlands and Spain top the overall ranking

The overall ranking is based on the sum of the 1. The Netherlands: Fast-growing, financially 2. Spain: Large elderly population with high
rankings of all countries. It displays the differences in sound seniors who are keen on senior housing care and senior housing potential
potential demand for care and housing for the elderly The Netherlands comes first in two rankings: wealth Spain is the runner-up. It’s the only country that scores
between the selected countries. potential and senior housing potential. The sixth place high on size, growth as well as proportion of the elderly
on demographic potential is the lowest outcome for the population. A relatively low level of government
Netherlands. What they lack in size, they make up for expenditure on care, home support and housing goes
by having the fastest growing 75+ population until hand in hand with a high potential demand for home
2050. Combined with third place on financial potential support and senior housing. And, last but not least,
and first place on the demographic and senior housing Spanish elderly people have considerable financial
potential, this is sufficient to put the other countries at a resources with which to meet their needs.
distance.
3. Belgium: Wealthy seniors who highly value
care, home support and senior housing
Highest overall potential in the Netherlands. Spain, Belgium and Italy close behind
Overview of the country rankings and overall score Belgium is a small country with high potential. Care,
home support and senior housing are very important
Financial Consumption for Belgian seniors. They are in the top 3 of these
rankings. Furthermore, Belgian demographic growth is
Demographic Income Wealth Care and Senior Overall score *
potential potential potential home support housing above EU average and the wealth of elderly people is at
potential potential a very high level.
1. Netherlands 6 3 1 5 1 16
2. Spain 1 8 5 4 2 20 4. Italy: A high proportion of elderly people
3. Belgium 11 6 2 1 3 23 and big interest in care and home support
4. Italy 2 7 6 3 6 24 In 2050, Italy is projected to have the highest number of
5. Austria 7 1 8 5 6 27
5. France 4 2 3 8 10 27 elderly people as a percentage of total population of
5. Germany 3 4 7 8 5 27 the eleven countries. The country also has a high rank
8. United Kingdom 8 5 4 11 4 32 on potential demand for elderly care and home support
9. Poland 4 10 10 7 9 40 and relatively many Italian seniors are receptive to
10. Romania 8 11 11 2 11 43 premium-quality senior housing.
11. Czech Republic 10 9 9 10 8 46

* The overall ranking is the sum of the five rankings
ING Economics Department 16 Elderly care and housing demand in the EU – May 2019