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Mexico—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #82 of 114Series years: 2000–2024
Latest Value
0.25%
2024
YoY Change
-5.1%
2023 → 2024
Global Rank
#82
of 114 countries
Maximum
0.47%
2010
Minimum
0.25%
2024
CAGR
-0.6%
25 years
Last
0.25%
Previous
0.27%
Highest
0.47%
Lowest
0.25%
Unit
% of GDP
Source
World Bank World Development Indicators

Mexico's R&D spending (% of GDP) was 0.25% in 2024, ranking #82 out of 114 countries. This represents a -5.1% change from 2023. Over the past 25 years, the highest recorded value was 0.47% (2010) and the lowest was 0.25% (2024). Data sourced from the World Bank World Development Indicators.

Mexico — R&D Spending (% of GDP): 0.25372 % of GDP for reference year 2024. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20240.25%-5.1%
20230.27%+4.0%
20220.26%-5.8%
20210.27%-6.4%
20200.29%+5.6%
20190.28%-7.3%
20180.30%-6.7%
20170.32%-15.0%
20160.38%-9.3%
20150.41%-1.2%
20140.42%+2.8%
20130.41%+1.3%
20120.40%-11.0%
20110.45%-4.4%
20100.47%+3.5%
20090.46%+7.9%
20080.42%+11.5%
20070.38%+7.8%
20060.35%-7.4%
20050.38%+2.8%
20040.37%-1.1%
20030.37%+11.0%
20020.34%+9.5%
20010.31%+5.5%
20000.29%

Top Countries — R&D Spending (% of GDP)

#CountryValueYear
1Israel6.35%2023
2Liechtenstein6.01%2023
3Korea, Rep.4.94%2023
4Sweden3.60%2023
5United States3.45%2023
6Japan3.44%2023
7Belgium3.27%2023
8Austria3.26%2023
9Switzerland3.22%2023
10Germany3.15%2023
View all 114 countries →

About This Indicator

Definition

Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.

Methodology

Data compiled by Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://databrowser.uis.unesco.org/resources/bulk, publisher: UNESCO Institute for Statistics (UIS), date accessed: 2025-03-26, date published: 2025-02.

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2024View original source →