Mexico - Applied Research Expenditures by Higher Education
Since 2014, Mexico Applied Research Expenditures by Higher Education grew 0.6% year on year. In 2019, the country was ranked number 12 among other countries in Applied Research Expenditures by Higher Education at $1,541.37 Million PPP. Mexico is overtaken by Belgium, which was ranked number 11 with $2,096.95 Million PPP and is followed by Denmark with $1,505.06 Million PPP. United States ranked the highest with $21,344.6 Million PPP in 2019, an increase of 2.5% compared to 2018. China, United Kingdom and Japan respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +8.4% per year, while Lithuania witnessed the worst performance at -8.2% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,541.37 |
| 2018 | 1,469.88 |
| 2017 | 1,471.91 |
| 2016 | 1,681.80 |
| 2015 | 1,598.80 |
How does Mexico rank in Applied Research Expenditures by Higher Education?
| # | 35 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
21,344.60 | 2019 | +2.5 % | +5.5 % | View data | |
| 2 |
#2
China
|
20,376.31 | 2019 | +1.7 % | +8.4 % | View data | |
| 11 |
#11
Belgium
|
2,096.95 | 2019 | +4.1 % | +2.8 % | View data | |
| 12 |
#12
Mexico
|
1,541.37 | 2019 | +4.9 % | +0.6 % | View data | |
| 13 |
#13
Denmark
|
1,505.06 | 2019 | +3.9 % | +3.6 % | View data | |