Mexico - Higher Education Expenditure on R&D
Since 2014, Mexico Higher Education Expenditure on R&D decreased by 1.3% year on year. In 2019, the country was ranked number 34 among other countries in Higher Education Expenditure on R&D with $4,323.51 Million PPP. United States lead the ranking with $75,818.32 Million PPP in 2019, that is a growth of 1.5% versus 2018. Indonesia witnessed the best average annual growth at +15.6% per year, while Kazakhstan recorded the worst performance at -9.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 4,323.51 |
| 2018 | 4,071.74 |
| 2017 | 4,077.35 |
| 2016 | 4,658.77 |
| 2015 | 4,821.84 |
Download all data from 1993 to 2019
How does Mexico rank in Higher Education Expenditure on R&D?
| # | 103 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
75,818.32 | 2019 | +1.5 % | +4.0 % | View data | |
| 3 |
#3
China
|
35,120.42 | 2019 | +1.3 % | +8.0 % | View data | |
| 32 |
#32
Poland
|
4,639.52 | 2019 | +0.2 % | +11.7 % | View data | |
| 34 |
#34
Mexico
|
4,323.51 | 2019 | +6.2 % | -1.3 % | View data | |
| 36 |
#36
India
|
4,289.47 | 2019 | +2.3 % | +7.4 % | View data | |