Mexico - Government Budget Appropriations or Outlays for R&D in Defence
Since 2014, Mexico Government Budget Appropriations or Outlays for R&D in Defence rose 238.7% year on year. In 2019, the country was ranked number 10 comparing other countries in Government Budget Appropriations or Outlays for R&D in Defence with $5,403.62 Million PPP. Mexico is overtaken by Netherlands, which was ranked number 9 at $7,174.58 Million PPP and is followed by Norway at $3,776.29 Million PPP. United States lead the ranking with $75,118.21 Million PPP in 2019, that is a growth of 0.4% versus 2018. United States, South Korea and Russia respectively ranked number 2, 3 and 4 in this ranking. Greece recorded the best 5 years average growth at +319.6% per year, while Iceland witnessed the worst performance at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 5,403.62 |
| 2018 | 5,596.38 |
| 2017 | 5,696.74 |
| 2016 | 6,597.93 |
| 2015 | 7,093.75 |
How does Mexico rank in Government Budget Appropriations or Outlays for R&D in Defence?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
75,118.21 | 2019 | +0.4 % | +1.5 % | View data | |
| 3 |
#3
South Korea
|
24,055.59 | 2019 | +6.1 % | +54.3 % | View data | |
| 9 |
#9
Netherlands
|
7,174.58 | 2019 | +8,522.6 % | +3.5 % | View data | |
| 10 |
#10
Mexico
|
5,403.62 | 2019 | -3.4 % | +238.7 % | View data | |
| 11 |
#11
Norway
|
3,776.29 | 2019 | +2,929.4 % | +100.8 % | View data | |