Mexico - Higher Education Expenditure on R&D Financed by Government
Since 2014, Mexico Higher Education Expenditure on R&D Financed by Government fell by 1.5% year on year. At $4,085.27 Million PPP in 2019, the country was number 16 among other countries in Higher Education Expenditure on R&D Financed by Government. Mexico is overtaken by Turkey, which was ranked number 15 with $4,317.88 Million PPP and is followed by Poland with $3,674.71 Million PPP. United States topped the ranking with $41,729.49 Million PPP in 2019, a growth of 0.9% versus 2018. China, Germany and France respectively ranked number 2, 3 and 4 in this ranking. Malaysia witnessed the best average annual growth at +29.3% per year, while Kazakhstan recorded the worst performance at -14.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 4,085.27 |
| 2018 | 3,821.68 |
| 2017 | 3,849.18 |
| 2016 | 4,428.62 |
| 2015 | 4,631.64 |
How does Mexico rank in Higher Education Expenditure on R&D Financed by Government?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
41,729.49 | 2019 | +0.9 % | +2.5 % | View data | |
| 2 |
#2
China
|
23,196.24 | 2019 | +0.3 % | +10.2 % | View data | |
| 15 |
#15
Turkey
|
4,317.88 | 2019 | +4.7 % | +2.7 % | View data | |
| 16 |
#16
Mexico
|
4,085.27 | 2019 | +6.9 % | -1.5 % | View data | |
| 17 |
#17
Poland
|
3,674.71 | 2019 | +1.8 % | +13.5 % | View data | |