# Retail prescription drug spending (US)

US spending on prescription drugs bought in retail outlets (community pharmacies, mail order and other retail), from all sources of funds, in USD million. Drugs given in hospitals, nursing homes and doctors' offices are counted with those services.

## Key facts

- Retail prescription drug spending (US) in the United States was $466.97 billion in 2024, according to the Centers for Medicare & Medicaid Services, Office of the Actuary.
- Published for 1 places, with figures from 1960 to 2024.
- Figures last updated on 2026-10-18.

- Indicator id: `prescription_drug_expenditure_usd`
- Unit: USD million
- Note: Part of national health expenditure (national_health_expenditure_usd), at current prices. CMS revises earlier years with each annual release.
- Web page: https://invokely.ai/en/prescription-drug-spending-us
- API: https://invokely.ai/api/v1/indicators/prescription_drug_expenditure_usd

## Latest figures

| Place | Period | USD million | Source |
|---|---|---:|---|
| United States | 2024 | 466,968 | Centers for Medicare & Medicaid Services, Office of the Actuary, National Health Statistics Group. CMS National Health Expenditure Accounts, type of service and source of funds: total prescription drug expenditures, millions, calendar years from 1960. https://www.cms.gov/data-research/statistics-trends-and-reports/national-health-expenditure-data/historical. Retrieved 2026-10-18. |