Total expenditure on pharmaceuticals rose 21.4% to USD 254 mil in Iceland in 2017, according to OECD.
Historically, total expenditure on pharmaceuticals in Iceland reached an all time high of USD 254 mil in 2017 and an all time low of USD 1.38 mil in 1960. When compared to Iceland's main peers, total expenditure on pharmaceuticals in Denmark amounted to USD 3,380 mil, USD 3,167 mil in Norway, USD 5,038 mil in Sweden and USD 25,145 mil in United Kingdom in 2017.
Iceland has been ranked 29th within the group of 30 countries we follow in terms of total expenditure on pharmaceuticals, 2 places above the position seen 10 years ago.
| Total Expenditure on Pharmaceuticals (USD) | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Belgium | USD mil | ... | ... | ... | 7,896 | 7,666 | 7,098 | 6,693 | 7,347 | |||||||||||||
| Denmark | USD mil | 3,561 | 3,628 | 3,303 | 3,114 | 3,380 | ||||||||||||||||
| Finland | USD mil | 2,699 | 2,731 | 2,554 | 2,484 | 2,631 | ... | |||||||||||||||
| France | USD mil | 35,577 | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Germany | USD mil | 41,848 | 43,265 | 40,522 | 38,723 | 41,757 | ... | |||||||||||||||
| Iceland | USD mil | 213 | 195 | 190 | 209 | 254 | ||||||||||||||||
| Ireland | USD mil | 2,601 | 2,467 | 2,276 | 2,226 | 2,385 | ... | |||||||||||||||
| Netherlands | USD mil | 5,710 | 5,579 | 5,116 | 4,859 | 5,122 | ... | |||||||||||||||
| Norway | USD mil | 3,278 | 3,111 | 2,794 | 2,842 | 3,167 | ||||||||||||||||
| Russia | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Sweden | USD mil | 5,571 | 5,312 | 4,994 | 4,824 | 5,038 | ||||||||||||||||
| United Kingdom | USD mil | 22,825 | 25,689 | 26,869 | 24,944 | 25,145 | ... |
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