The European Pharmaceutical Products HICP shows significant variance across countries as of 2024. Austria and Netherlands lead with indices over 12, indicating higher relative price levels, while Switzerland stands at 8.91, reflecting lower prices. Year-on-year data from 2022 highlights notable rises: Netherlands at 3.47% and Austria at 3.05%, contrasting negative trends in Finland, France, and Switzerland. Compound Annual Growth Rates (CAGR) show consistent growth across most markets, with distinctions among the Scandinavian and Central European countries.
Future trends to watch for include:
- Emerging policies impacting pharmaceutical price regulation.
- Technological advancements influencing production and cost efficiency.
- Opportunities for harmonization across the EU affecting price convergence.
Top countries in Pharmaceutical Products HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 121.5 | 2022 | +4% | +3.05% | View data |
| 2 | 2 Netherlands | 120.89 | 2022 | +2.61% | +3.47% | View data |
| 3 | 3 Czech Republic | 120.6 | 2022 | +3.88% | +2.63% | View data |
| 4 | 4 Hungary | 120.09 | 2022 | +3.93% | +2.7% | View data |
| 5 | 5 Serbia | 119.4 | 2022 | +4.74% | +2.31% | View data |
| 6 | 6 Montenegro | 117.14 | 2022 | +4.35% | +2.61% | View data |
| 7 | 7 Norway | 116.5 | 2022 | +2.92% | +2.18% | View data |
| 8 | 8 Slovakia | 115.78 | 2022 | +3.62% | +1.96% | View data |
| 9 | 9 Lithuania | 115.32 | 2022 | +5.39% | +2.96% | View data |
| 10 | 10 Germany | 113.7 | 2022 | +2.06% | +1.55% | View data |
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