Between 2012 and 2022, the Pharmaceutical Goods Market Size Value Per Capita in Sweden experienced noticeable fluctuations. Starting at 36.34 in 2012, the value peaked at 38.93 in 2013 before witnessing a general downward trend after 2014. The most significant drop occurred between 2014 and 2015, with a decrease from 35.43 to 27.61. Post-2015, the value continued to decline albeit at a slower pace, hitting 22.27 by 2022. The year-on-year variation from 2021 to 2022 was a decline of approximately 12.53%, following an increase of 6.74% from 2020 to 2021. Over the last five years, the compounded annual growth rate (CAGR) was negative, indicating an overall average decrease per year.
Looking ahead, future trends to watch for in 2024 include the impact of technological advancements, the introduction of new pharmaceutical products, policy changes, and potential shifts in consumer behavior. These factors could either mitigate or exacerbate the declining trend observed in the past decade.
How does Sweden rank in Pharmaceutical Goods Market Size Value Per Capita?
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 44.82 | 2023 | View data | ||
| 2 | 2 Australia | 41.26 | 2023 | View data | ||
| 3 | 3 Germany | 40.08 | 2023 | View data | ||
| 4 | 4 Switzerland | 38.82 | 2023 | View data | ||
| 5 | 5 Austria | 38.7 | 2023 | View data | ||
| 20 | 20 South Korea | 20.12 | 2023 | View data | ||
| 21 | 21 Greece | 19.86 | 2023 | View data | ||
| 22 | 22 Sweden | 19.59 | 2023 | |||
| 23 | 23 Croatia | 19.58 | 2023 | View data | ||
| 24 | 24 Chile | 16.36 | 2023 | View data | ||
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