Mexico - Defence Budget on R&D
Since 2014, Mexico Defence Budget on R&D increased 6.2points year on year. In 2019, the country was ranked number 29 comparing other countries in Defence Budget on R&D at 0.23 Percent of Total GBARD. Mexico is overtaken by Lithuania, which was ranked number 28 with 0.27 Percent of Total GBARD and is followed by Switzerland at 0.17 Percent of Total GBARD. United States ranked the highest with 46.66 Percent of Total GBARD in 2019, -0.1points compared to 2018. Turkey, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Greece recorded the best 5 years average growth at +65.5points per year, while Switzerland was the worst growing country at -18.9points per year.
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| Date | Percent of Total GBARD |
|---|---|
| 2019 | 0.23 |
| 2018 | 0.15 |
| 2017 | 0.16 |
| 2016 | 0.15 |
| 2015 | 0.16 |
How does Mexico rank in Defence Budget on R&D?
| # | 34 Countries | Percent of Total GBARD | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
46.66 % | 2019 | -0.1 % | +2.6 % | View data | |
| 2 |
#2
Turkey
|
20.78 % | 2020 | +11.0 % | +14.2 % | View data | |
| 28 |
#28
Lithuania
|
0.27 % | 2019 | +76.7 % | +63.8 % | View data | |
| 29 |
#29
Mexico
|
0.23 % | 2019 | +53.7 % | +6.2 % | View data | |
| 30 |
#30
Switzerland
|
0.17 % | 2019 | -30.2 % | -18.9 % | View data | |