This statistic displays the rate of Value Added Tax (VAT) applicable to over-the-counter (OTC) drugs in Europe as of January 1, 2023, by country. Denmark and Sweden had the highest rate of VAT on OTC drugs at 25 percent. This was closely followed by Ireland with a VAT rate of 23 percent for all drugs that are not administered orally.
Value Added Tax (VAT) rate on over-the-counter (OTC) drugs in Europe in 2023, by country
Values based on pharmacy retail price.
* Pharmaceutical drugs for oral administration are 0 %, others 23 %.
** Actually ranged from 6 up to 13 percent.
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BPI. (December 19, 2023). Value Added Tax (VAT) rate on over-the-counter (OTC) drugs in Europe in 2023, by country [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/458936/vat-rate-on-over-the-counter-drugs-in-europe/
BPI. "Value Added Tax (VAT) rate on over-the-counter (OTC) drugs in Europe in 2023, by country." Chart. December 19, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/458936/vat-rate-on-over-the-counter-drugs-in-europe/
BPI. (2023). Value Added Tax (VAT) rate on over-the-counter (OTC) drugs in Europe in 2023, by country. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/458936/vat-rate-on-over-the-counter-drugs-in-europe/
BPI. "Value Added Tax (Vat) Rate on Over-the-counter (Otc) Drugs in Europe in 2023, by Country." Statista, Statista Inc., 19 Dec 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/458936/vat-rate-on-over-the-counter-drugs-in-europe/
BPI, Value Added Tax (VAT) rate on over-the-counter (OTC) drugs in Europe in 2023, by country Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/458936/vat-rate-on-over-the-counter-drugs-in-europe/ (last visited November 10, 2024)
Value Added Tax (VAT) rate on over-the-counter (OTC) drugs in Europe in 2023, by country [Graph], BPI, December 19, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/458936/vat-rate-on-over-the-counter-drugs-in-europe/
