![Jennifer Mendoza](https://cdn.statcdn.com/static/../CMS/contactperson/ERI2166_1721301667.jpg)
Value added by the pharmaceutical sector in Mexico 2016-2023
The Mexican pharmaceutical manufacturing sector added a gross value of approximately 104 billion Mexican pesos to the country's economy in 2023, an increase of about 12.3 percent compared to the previous year, in which the gross value added by this sector amounted to around 96.44 billion Mexican pesos. That year, the market value of the pharmaceutical industry in Mexico reached over 12 billion U.S. dollars.