South Korea - Total Pharmaceutical Spending
Since 2014, South Korea Total Pharmaceutical Spending jumped by 7.2% year on year. In 2019, the country was ranked number 9 among other countries in Total Pharmaceutical Spending at $677.6 Per Capita. South Korea is overtaken by France, which was ranked number 8 with $680.35 Per Capita and is followed by Austria with $676.91 Per Capita. United States ranked the highest with $1,259.55 Per Capita in 2019, that is an increase of 2.5% versus 2018. Germany, Switzerland and Canada respectively ranked number 2, 3 and 4 in this ranking. Latvia witnessed the best average annual growth at +7.8% per year, while Russia recorded the worst performance at -3% per year.
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| Date | US Dollars Per Capita |
|---|---|
| 2019 | 677.60 |
| 2018 | 617.34 |
| 2017 | 572.62 |
| 2016 | 552.75 |
| 2015 | 517.38 |
Download all data from 1970 to 2019
How does South Korea rank in Total Pharmaceutical Spending?
| # | 41 Countries | US Dollars Per Capita | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
1,259.55 | 2019 | +2.5 % | +2.8 % | View data | |
| 2 |
#2
Germany
|
903.12 | 2019 | +2.2 % | +4.1 % | View data | |
| 8 |
#8
France
|
680.35 | 2019 | +1.3 % | +1.0 % | View data | |
| 9 |
#9
South Korea
|
677.60 | 2019 | +9.8 % | +7.2 % | View data | |
| 10 |
#10
Austria
|
676.91 | 2019 | +1.8 % | +2.8 % | View data | |