Mexico - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Mexico Share of Higher Education Expenditure on R&D Financed by the Business Sector decreased by 18.1points year on year. In 2019, the country was number 51 among other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector with 0.09 Percent. Mexico is overtaken by Argentina, which was ranked number 50 at 0.24 Percent and is followed by Iceland with 0.03 Percent. Russia topped the ranking with 28.95 Percent in 2019, that is a fall of 0.4points versus 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +32.9points per year, while Iceland witnessed the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 0.09 |
| 2018 | 0.35 |
| 2017 | 0.36 |
| 2016 | 0.35 |
| 2015 | 0.32 |
How does Mexico rank in Share of Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 52 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data | |
| 2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data | |
| 50 |
#50
Argentina
|
0.24 % | 2019 | -2.9 % | +1.1 % | View data | |
| 51 |
#51
Mexico
|
0.09 % | 2019 | -75.0 % | -18.1 % | View data | |
| 52 |
#52
Iceland
|
0.03 % | 2019 | -94.7 % | -62.0 % | View data | |