Table 3:

Expenditure-weighted averages of the relative price of generic versions of the essential medicines in Canada and specified comparator countries, May–July 2016

VariableUnited StatesSwedenNew Zealand
Total no. of essential medicines with 1 or more generic equivalent in Canada and comparator country552951
Total expenditure on prescriptions for brand-name and generic versions of essential medicines with 1 or more generic equivalent in Canada and comparator country, Can$ billions2.982.513.22
Expenditure-weighted average relative price of generic versions of essential medicines, comparator country relative to Canada, %
 Using 5-year average exchange rates to convert currencies534016
 Using GDP purchasing power parities to convert currencies474416
  • Note: GDP = gross domestic product.