Mexico - Gross Domestic Expenditure on R&D Financed by Government and Higher Education
Since 2013, Mexico Gross Domestic Expenditure on R&D Financed by Government and Higher Education grew 5.6% year on year. At $10,165.2 Million PPP in 2018, the country was number 6 comparing other countries in Gross Domestic Expenditure on R&D Financed by Government and Higher Education. Mexico is overtaken by Canada, which was ranked number 5 at $12,676.91 Million PPP and is followed by Spain at $9,455.52 Million PPP. Japan lead the ranking with $38,604.84 Million PPP in 2018, a growth of 1.4% compared to 2017. Russia, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Slovakia recorded the best 5 years average growth at +5.7% per year, while Slovenia was the worst growing country at -1.8% per year.
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Date | Million US Dollars PPP |
---|---|
2018 | 10,165.20 |
2017 | 9,744.41 |
2016 | 9,315.02 |
2015 | 8,876.87 |
2014 | 8,779.43 |
How does Mexico rank in Gross Domestic Expenditure on R&D Financed by Government and Higher Education?
# | 20 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Japan
|
38,604.84 | 2018 | +1.4 % | +0.5 % | View data | |
2 |
#2
Russia
|
31,814.06 | 2018 | +3.3 % | +4.8 % | View data | |
5 |
#5
Canada
|
12,676.91 | 2018 | +1.9 % | +1.5 % | View data | |
6 |
#6
Mexico
|
10,165.20 | 2018 | +4.3 % | +5.6 % | View data | |
7 |
#7
Spain
|
9,455.52 | 2018 | +1.4 % | +1.4 % | View data |