Mexico - Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Mexico Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 12.3% year on year. With $3.51 Million PPP in 2019, the country was number 25 comparing other countries in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Mexico is overtaken by Ireland, which was number 24 at $4.07 Million PPP and is followed by Portugal at $3.01 Million PPP. Germany ranked the highest with $370.39 Million PPP in 2019, an increase of 1% compared to 2018. France, United States and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Chile witnessed the best average annual growth at +150.4% per year, while Iceland witnessed the worst performance at -70.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 3.51 |
| 2018 | 5.75 |
| 2017 | 5.20 |
| 2016 | 5.21 |
| 2015 | 3.90 |
How does Mexico rank in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 46 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
370.39 | 2019 | +1.0 % | +13.5 % | View data | |
| 2 |
#2
France
|
165.70 | 2019 | +4.2 % | +4.8 % | View data | |
| 24 |
#24
Ireland
|
4.07 | 2019 | -15.6 % | +17.3 % | View data | |
| 25 |
#25
Mexico
|
3.51 | 2019 | -38.9 % | -12.3 % | View data | |
| 26 |
#26
Portugal
|
3.01 | 2019 | -14.5 % | +7.2 % | View data | |