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Table 3 Summary of price ratios for medicine price basket (N = 205), 2010–2014

From: How well does Malaysia achieve value for money in public sector purchasing of medicines? Evidence from medicines procurement prices from 2010 to 2014

 

2010

2011

2012

2013

2014

Expenditure-weighted average price ratio (EWAPR)

3.2

3.5

3.5

3.3

2.9

Quantity-weighted average price ratio (QWAPR)

2.2

2.1

2.1

1.9

1.9

25th percentile price ratioa

1.0

0.9

1.0

0.9

0.8

50th percentile price ratioa

1.7

1.8

1.8

1.7

1.6

75th percentile price ratioa

3.8

4.1

3.9

3.9

3.9

Maximum price ratioa

122.4

128.1

94.6

150.2

69.4

Minimum price ratioa

0.1

0.1

0.1

0.1

< 0.1

  1. aUnweighted price ratios relative to MSH international reference prices of all products included in the medicine price basket