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

Variable	United States	Sweden	New Zealand
Total no. of essential medicines with 1 or more generic equivalent in Canada and comparator country	55	29	51
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$ billions	2.98	2.51	3.22
Expenditure-weighted average relative price of generic versions of essential medicines, comparator country relative to Canada, %
Using 5-year average exchange rates to convert currencies	53	40	16
Using GDP purchasing power parities to convert currencies	47	44	16

Note: GDP = gross domestic product.