In Bolivia, 41% of health spending is on medicines

The pharmaceutical market in the country moves approximately $100 million per year, taking into account transactions with pharmacies, state and private institutions, hospitals and clinics. Public spending on drugs is $41.21 million, and total pharmaceutical expenditure is $169.6 million. Private consumption on medicines amounts to 128.8 million, compared to overall health spending of $728.23 million. It means that 41% of the total health expenditure is for drugs. The Chamber of the Pharmaceutical Industry stresses that the sector is characterized by giving stability to the nearly six thousand workers and labourers who are currently performing their duties.