This technical document develops the methodologies used to forecast the ratio of spending on health, education and long-term care to GDP in Spain for the 2070 horizon used in the Opinion on the long-term sustainability of Public Administrations: the incidence of demographics.
The document develops three different methodologies: the long-term health expenditure estimation methodology, the long-term education expenditure estimation methodology, and the long-term long-term care expenditure estimation methodology.