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

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Sources

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.

Citation formats

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

Published by A. Minhas, Sep 27, 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 ** percent of the prices in Canada, ** percent of the prices in Mexico, and ** percent of the prices in Germany.

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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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per month, billed annually 1
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

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