The Latvian pharmaceutical dosage market has experienced consistent growth from 2013 to 2023, with a per capita value increasing from $561.67 to $811.02. Notably, between 2021 and 2023, the market showed a year-on-year increase of 1.3% in 2022 and 1.3% in 2023. The compound annual growth rate (CAGR) for the past five years stands at approximately 2.9%, indicating a steady expansion.
Looking forward, the market is expected to continue its upward trajectory due to:
- Increasing healthcare demands driven by an aging population.
- Continued investment in innovative and generic pharmaceuticals.
- Potential impacts from regulatory changes and economic conditions.
| # | 59 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,580 | 2023 | View data | ||
| 2 | 2 Germany | 1,460 | 2023 | View data | ||
| 3 | 3 Denmark | 1,300 | 2023 | View data | ||
| 4 | 4 Iceland | 1,220 | 2023 | View data | ||
| 5 | 5 Norway | 1,070 | 2023 | View data | ||
| 14 | 14 Australia | 887.11 | 2023 | View data | ||
| 15 | 15 Lithuania | 821.56 | 2023 | View data | ||
| 16 | 16 Latvia | 811.02 | 2023 | |||
| 17 | 17 Japan | 787.6 | 2023 | View data | ||
| 18 | 18 Portugal | 655.41 | 2023 | View data | ||
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