Methodological datasheet: Spending on pharmaceutical and healthcare products per inhabitant at purchasing power parity

Identification

Description.

Spending on pharmaceutical products per inhabitant at purchasing power parity

Description and source 1 operation code.

Health account. (170118 Basque Statistics Plan)

Responsable entity.

Eustat

Availability.

Year + 2

Indicator formula.

Spending on pharmaceutical and healthcare products /Total population of the Basque Country (purchasing power parity)

Objectives

This indicator shows the level of spending on pharmaceutical and healthcare products by the healthcare system of a province per inhabitant regardless of sex, age and socioeconomic status in a given year.

Spending on medicine is one of the major components of healthcare expenditure, which justifies the special attention it is given.

The indicator is measured in PPP (purchasing power parity) units, which is the monetary exchange rate equal to the purchasing power of the various currencies, eliminating distortions created by differing price levels between countries and allowing spending to be compared internationally.

Sphere

Population:

Public and private resident units that spend on pharmaceutical and healthcare products

Geographical Sphere:

Basque Country

Time period:

Biennial

Concepts and Definitions

The indicator is obtained as a quotient:

Numerator:

Public and private spending on pharmaceutical and healthcare products (Code HC.5.1 Pharmaceuticals and other medical non-durable goods), according to the SHA 2011 (System of Health Accounts) methodology of the OECD. Adjusted to PPP units. To convert from euros to PPP, the converters that Eurostat uses for Spain were used.

Denominator:

Population on 1 July

Codes and nomenclatures

Not applicable

Quality

The sources used by each country available at:

http://ec.europa.eu/eurostat/cache/metadata/en/hlth_sha11_esms.htm

Further Information

The EUROSTAT data are available in the Population and social conditions folder Health> Health care> Health care expenditure> Health care expenditure (SHA 2011) (hlth_sha11)>

Health care expenditure by function