Mexico - R&D Budget for Defence
Since 2014, Mexico R&D Budget for Defence was up 0.3% year on year. In 2019, the country was ranked number 23 among other countries in R&D Budget for Defence with $12.29 Million PPP. Mexico is overtaken by Slovakia, which was number 22 at $12.5 Million PPP and is followed by Denmark with $11.07 Million PPP. United States topped the ranking with $69,037 Million PPP in 2019, that is +2.3% compared to 2018. South Korea, Germany and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Greece recorded the best 5 years average growth at +90.2% per year, while Colombia witnessed the worst performance at -8.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 12.29 |
| 2018 | 8.30 |
| 2017 | 8.95 |
| 2016 | 9.79 |
| 2015 | 11.56 |
Download all data from 1990 to 2019
How does Mexico rank in R&D Budget for Defence?
| # | 36 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
69,037.00 | 2019 | +2.3 % | +8.4 % | View data | |
| 2 |
#2
South Korea
|
3,663.74 | 2019 | +2.2 % | +5.9 % | View data | |
| 22 |
#22
Slovakia
|
12.50 | 2019 | +4.0 % | +8.9 % | View data | |
| 23 |
#23
Mexico
|
12.29 | 2019 | +47.9 % | +0.3 % | View data | |
| 24 |
#24
Denmark
|
11.07 | 2020 | +11.9 % | +4.7 % | View data | |