Subsidized drug expenditure in Australia FY 2016-2024

Published by Statista Research Department, Jan 30, 2025

The Australian government spent over 12 billion Australian dollars on section 85 drug subsidies through the Pharmaceutical Benefits Scheme (PBS) in financial year 2024. Government expenditure increased in comparison to the 2023 financial year, as did patient contributions.

Expenditure on the Pharmaceutical Benefits Scheme (PBS) in Australia from financial years 2016 to 2024 (in million Australian dollars)

CharacteristicGovernment cost Patient contribution
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Showing entries 1 to 9 (9 entries in total)
Statistic: Expenditure on the Pharmaceutical Benefits Scheme (PBS) in Australia from financial years 2016 to 2024 (in million Australian dollars)

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Release date

December 2024

Region

Australia, Australia and Oceania

Survey time period

FY 2016 to 2024

Supplementary notes

According to the source, values refer to prescriptions from Section 85 only, including Drs Bag, excluding under co-payment prescriptions and section 100 drugs. Patient contribution does not include the effect of the one dollar PBS pateitn co-payment discount.

Numbers have been rounded.

Australia's financial year runs from July 1 to June 30; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017.

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