Mexico - Higher Education Expenditure on R&D Financed from General University Funds
Since 2014, Mexico Higher Education Expenditure on R&D Financed from General University Funds fell by 1% year on year. In 2019, the country was number 12 among other countries in Higher Education Expenditure on R&D Financed from General University Funds with $1,899.71 Million PPP. Mexico is overtaken by Sweden, which was ranked number 11 with $2,040.83 Million PPP and is followed by Denmark at $1,837.72 Million PPP. Japan lead the ranking with $7,618.5 Million PPP in 2019, a growth of 1.3% versus 2018. Italy, Australia and France respectively ranked number 2, 3 and 4 in this ranking. South Africa witnessed the best average annual growth at +8.8% per year, while Romania was the worst growing country at -9.4% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 1,899.71 |
2018 | 1,820.58 |
2017 | 1,833.68 |
2016 | 2,109.71 |
2015 | 2,205.55 |
How does Mexico rank in Higher Education Expenditure on R&D Financed from General University Funds?
# | 31 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Japan
|
7,618.50 | 2019 | +1.3 % | -1.1 % | View data | |
2 |
#2
Italy
|
5,770.60 | 2019 | +0.2 % | +0.5 % | View data | |
11 |
#11
Sweden
|
2,040.83 | 2019 | +2.5 % | NA | View data | |
12 |
#12
Mexico
|
1,899.71 | 2019 | +4.3 % | -0.9 % | View data | |
13 |
#13
Denmark
|
1,837.72 | 2019 | +3.3 % | +4.3 % | View data |