Mexico - Higher Education Expenditure on R&D Financed from Abroad
Since 2014, Mexico Higher Education Expenditure on R&D Financed from Abroad jumped by 6.9% year on year. In 2019, the country was number 41 among other countries in Higher Education Expenditure on R&D Financed from Abroad at $6.08 Million PPP. Mexico is overtaken by Iceland, which was ranked number 40 with $9.74 Million PPP and is followed by Argentina at $2.87 Million PPP. United Kingdom lead the ranking with $2,282.94 Million PPP in 2019, that is an increase of 4.1% compared to 2018. United States, Germany and Italy respectively ranked number 2, 3 and 4 in this ranking. Chile witnessed the best average annual growth at +38.1% per year, while Slovakia was the worst growing country at -22.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 6.08 |
| 2018 | 6.34 |
| 2017 | 5.74 |
| 2016 | 5.74 |
| 2015 | 4.86 |
How does Mexico rank in Higher Education Expenditure on R&D Financed from Abroad?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United Kingdom
|
2,282.94 | 2019 | +4.1 % | +5.4 % | View data | |
| 2 |
#2
United States
|
1,302.00 | 2019 | +3.5 % | +4.6 % | View data | |
| 40 |
#40
Iceland
|
9.74 | 2019 | +2.8 % | +5.1 % | View data | |
| 41 |
#41
Mexico
|
6.08 | 2019 | -4.2 % | +6.9 % | View data | |
| 42 |
#42
Argentina
|
2.87 | 2019 | -5.6 % | +2.4 % | View data | |