Average price of medicines in Mexico 2020-2024

Published by
Jennifer Mendoza,
Oct 25, 2024

According to a study conducted in 2024, Mexico had the third-highest price of medicines among seven countries in Latin America. The average price of medications reached 32.8 U.S. dollars that year, an increase of almost eight dollars in comparison to 2021.  

Average price of medicines in Mexico from 2020 to 2024 (in U.S. dollars)

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Release date

October 2024

Region

Mexico

Survey time period

14 to 21 or march, 2024

Special properties

chronic and commonly used medications; purchasing power parity (PPP); based on 75 products in at least three pharmacy chains

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