Total Expenditure on Pharmaceuticals (As % of Total Health Care Expenditures) fell 1.68% to 10.8% in Iceland in 2018

Total expenditure on pharmaceuticals as a share of total health care expenditures fell 1.68% to 10.8% in Iceland in 2018, according to OECD.

Historically, total expenditure on pharmaceuticals as a share of total health care expenditures in Iceland reached an all time high of 19.9% in 1962 and an all time low of 10.8% in 2018. When compared to Iceland's main peers, total expenditure on pharmaceuticals as a share of total health care expenditures in Denmark amounted to 6.40%, 7.41% in Norway, 9.83% in Sweden and 12.3% in United Kingdom in 2018.

Iceland has been ranked 26th within the group of 30 countries we follow in terms of total expenditure on pharmaceuticals as a share of total health care expenditures, 4 places below the position seen 10 years ago.