Mexico - Higher Education Expenditure on R&D CAGR
Since 2013, Mexico Higher Education Expenditure on R&D CAGR was down by 10.4points year on year. In 2018, the country was number 53 comparing other countries in Higher Education Expenditure on R&D CAGR at -2.12 Percent. Mexico is overtaken by Luxembourg, which was number 52 with -1.59 Percent and is followed by Russia at -2.59 Percent. Latvia topped the ranking with 45.61 Percent in 2018, a growth of 54.8points compared to 2017. Hungary, Malaysia and Egypt respectively ranked number 2, 3 and 4 in this ranking. Germany witnessed the best average annual growth at +71.6points per year, while Turkey was the worst growing country at -39points per year.
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| Date | Percent |
|---|---|
| 2018 | -2.12 |
| 2017 | -13.81 |
| 2016 | -6.99 |
| 2015 | 5.14 |
| 2014 | 61.85 |
Download all data from 1994 to 2018
How does Mexico rank in Higher Education Expenditure on R&D CAGR?
| # | 59 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Latvia
|
45.61 % | 2018 | +54.8 % | NA | View data | |
| 2 |
#2
Hungary
|
39.24 % | 2017 | -332.2 % | NA | View data | |
| 52 |
#52
Luxembourg
|
-1.59 % | 2018 | -125.0 % | NA | View data | |
| 53 |
#53
Mexico
|
-2.12 % | 2018 | -84.7 % | -10.4 % | View data | |
| 54 |
#54
Russia
|
-2.59 % | 2018 | -266.9 % | +12.5 % | View data | |