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

Published by
Matej Mikulic,
Sep 30, 2024

In 2022, the brand prescription drugs in the United States were the most expensive in the OECD countries, being over 4.6 times more expensive than in Japan (or 464 percent of the price in Japan). In general, the price of branded U.S. prescription drugs was, on average, over 4.2 times more expensive than in other OECD countries.

Prices of U.S. brand 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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