Mexico - Gross Domestic Expenditure on R&D Financed by Higher Education
Since 2014, Mexico Gross Domestic Expenditure on R&D Financed by Higher Education increased 3.5% year on year. In 2019, the country was ranked number 16 among other countries in Gross Domestic Expenditure on R&D Financed by Higher Education with $220.39 Million PPP. Mexico is overtaken by Chile, which was ranked number 15 at $244.51 Million PPP and is followed by New Zealand with $210.93 Million PPP. United States topped the ranking with $21,605.11 Million PPP in 2019, a growth of 2.3% versus 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +83.3% per year, while Israel was the worst growing country at -10% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 220.39 |
| 2018 | 227.91 |
| 2017 | 206.32 |
| 2016 | 206.48 |
| 2015 | 166.88 |
How does Mexico rank in Gross Domestic Expenditure on R&D Financed by Higher Education?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
21,605.11 | 2019 | +2.3 % | +5.9 % | View data | |
| 2 |
#2
Japan
|
8,846.07 | 2019 | +1.2 % | -1.2 % | View data | |
| 15 |
#15
Chile
|
244.51 | 2019 | +3.0 % | +11.2 % | View data | |
| 16 |
#16
Mexico
|
220.39 | 2019 | -3.3 % | +3.5 % | View data | |
| 17 |
#17
New Zealand
|
210.93 | 2019 | +2.7 % | NA | View data | |