The chemical-pharmaceutical industry generated approximately 7.1 trillion euros in global revenue during 2023. This growth can be attributed to various factors such as increasing demand for healthcare products, advancements in technology, and expanding markets across the globe.
Revenue of the chemical-pharmaceutical industry worldwide and in the European Union from 2005 to 2023
(in billion euros)
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Revenue of the chemical-pharmaceutical industry worldwide and in the European Union from 2005 to 2023
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* Total chemical industry, including pharmaceuticals; ** Data refers to EU-28 from 2004 to 2016 and to EU-27 from 2017 to 2021
Supplementary notes
This statistic was assembled using several editions of the report.
VCI stands for "Verband der Chemischen Industrie" (German Association of the Chemical Industry).
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VCI. (September 30, 2024). Revenue of the chemical-pharmaceutical industry worldwide and in the European Union from 2005 to 2023 (in billion euros) [Graph]. In Statista. Retrieved February 22, 2025, from https://www.statista.com/statistics/263111/revenue-of-the-chemical-industry-worldwide-and-in-the-eu/
VCI. "Revenue of the chemical-pharmaceutical industry worldwide and in the European Union from 2005 to 2023 (in billion euros)." Chart. September 30, 2024. Statista. Accessed February 22, 2025. https://www.statista.com/statistics/263111/revenue-of-the-chemical-industry-worldwide-and-in-the-eu/
VCI. (2024). Revenue of the chemical-pharmaceutical industry worldwide and in the European Union from 2005 to 2023 (in billion euros). Statista. Statista Inc.. Accessed: February 22, 2025. https://www.statista.com/statistics/263111/revenue-of-the-chemical-industry-worldwide-and-in-the-eu/
VCI. "Revenue of The Chemical-pharmaceutical Industry Worldwide and in The European Union from 2005 to 2023 (in Billion Euros)." Statista, Statista Inc., 30 Sep 2024, https://www.statista.com/statistics/263111/revenue-of-the-chemical-industry-worldwide-and-in-the-eu/
VCI, Revenue of the chemical-pharmaceutical industry worldwide and in the European Union from 2005 to 2023 (in billion euros) Statista, https://www.statista.com/statistics/263111/revenue-of-the-chemical-industry-worldwide-and-in-the-eu/ (last visited February 22, 2025)
Revenue of the chemical-pharmaceutical industry worldwide and in the European Union from 2005 to 2023 (in billion euros) [Graph], VCI, September 30, 2024. [Online]. Available: https://www.statista.com/statistics/263111/revenue-of-the-chemical-industry-worldwide-and-in-the-eu/
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