Mexico - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Mexico Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors increased 4.2% year on year. With $287.92 Million PPP in 2019, the country was number 24 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Mexico is overtaken by Taiwan, which was number 23 at $327.3 Million PPP and is followed by New Zealand with $284.03 Million PPP. United States ranked the highest with $43,853.06 Million PPP in 2019, that is +2.4% compared to 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +60.9% per year, while Costa Rica witnessed the worst performance at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 287.92 |
| 2018 | 295.36 |
| 2017 | 267.39 |
| 2016 | 267.59 |
| 2015 | 219.40 |
How does Mexico rank in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
43,853.06 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Japan
|
10,064.68 | 2019 | +1.9 % | -1.1 % | View data | |
| 23 |
#23
Taiwan
|
327.30 | 2019 | +2.4 % | +1.8 % | View data | |
| 24 |
#24
Mexico
|
287.92 | 2019 | -2.5 % | +4.2 % | View data | |
| 25 |
#25
New Zealand
|
284.03 | 2019 | +2.8 % | NA | View data | |