U.S. Prescription of generic drug prices as percentage of OECD prices 2022

Published by
Matej Mikulic,
Sep 30, 2024

In 2022, the price of unbranded generic prescription drugs in the United States was approximately a third of the average price of unbranded generic drugs in the OECD. For example, the prices in the United States represented only 39 percent of the prices in Canada, 51 percent of the prices in Mexico, and 56 percent of the prices in Germany.

Prices of U.S. unbranded generic prescription drugs as a percentage of prices in select OECD countries as of 2022

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Release date

February 2024

Region

Canada, France, Germany, Italy, Japan, Mexico, United Kingdom

Survey time period

2022

Supplementary notes

"All countries" refers to all 33 OECD countries combined.

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Topics

Drug pricing in the U.S.Global pharmaceutical industryPharmaceutical industry in the U.S.Health expenditures in the U.S.Americans without health insurance
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