Mexico - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2013, Mexico Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry grew 3.4% year on year. In 2018, the country was ranked number 25 comparing other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry at $111.5 Million PPP. Mexico is overtaken by Poland, which was ranked number 24 with $132.88 Million PPP and is followed by Portugal at $64.12 Million PPP. United States lead the ranking with $80,202.33 Million PPP in 2018, an increase of 2.3% versus 2017. China, South Korea and Japan respectively ranked number 2, 3 and 4 in this ranking. Turkey recorded the best 5 years average growth at +47% per year, while Sweden witnessed the worst performance at -25.4% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2018 | 111.50 |
| 2017 | 107.31 |
| 2016 | 101.03 |
| 2015 | 102.69 |
| 2014 | 101.29 |
How does Mexico rank in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry?
| # | 36 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
80,202.33 | 2018 | +2.3 % | +3.6 % | View data | |
| 2 |
#2
China
|
61,333.61 | 2018 | +4.6 % | +9.2 % | View data | |
| 24 |
#24
Poland
|
132.88 | 2018 | +4.6 % | +9.5 % | View data | |
| 25 |
#25
Mexico
|
111.50 | 2018 | +3.9 % | +3.4 % | View data | |
| 26 |
#26
Portugal
|
64.12 | 2018 | +1.4 % | +9.4 % | View data | |