Belgium - Total Pharmaceutical Market
Since 2014, Belgium Total Pharmaceutical Market increased 1.6points year on year. With 14.9 Percent of Generics in Value in 2019, the country was number 12 comparing other countries in Total Pharmaceutical Market. Belgium is overtaken by Japan, which was ranked number 11 at 15.8 Percent of Generics in Value and is followed by Italy at 9.1 Percent of Generics in Value. Latvia ranked the highest with 41 Percent of Generics in Value in 2019, that is -4.7points versus 2018. Turkey, Czech Republic and Slovakia respectively ranked number 2, 3 and 4 in this ranking. Czech Republic witnessed the best average annual growth at +9.9points per year, while Slovakia recorded the worst performance at -9.6points per year.
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| Date | Percent of Generics in Value |
|---|---|
| 2019 | 14.90 |
| 2018 | 14.40 |
| 2017 | 14.60 |
| 2016 | 15.20 |
| 2015 | 14.50 |
How does Belgium rank in Total Pharmaceutical Market?
| # | 13 Countries | Percent of Generics in Value | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Latvia
|
41.00 % | 2019 | -4.7 % | -1.8 % | View data | |
| 2 |
#2
Turkey
|
30.40 % | 2019 | -1.9 % | -1.9 % | View data | |
| 11 |
#11
Japan
|
15.80 % | 2019 | +4.0 % | NA | View data | |
| 12 |
#12
Belgium
|
14.90 % | 2019 | +3.5 % | +1.6 % | View data | |
| 13 |
#13
Italy
|
9.10 % | 2019 | +2.3 % | +1.6 % | View data | |