R&D expenditures as a percentage of GDP rose 4.02% to 0.268% in Mexico in 2023, according to World Bank.
Historically, R&D expenditures as a percentage of GDP in Mexico reached an all time high of 0.474% in 2010 and an all time low of 0.238% in 1996.
Mexico has been ranked 13th within the group of 27 countries we follow in terms of R&D expenditures as a percentage of GDP, 48 places above the position seen 10 years ago.
| R&D Expenditures (As % of GDP) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Belize | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Canada | % | 1.69% | 1.74% | 1.76% | 1.93% | 1.86% | ||||||||||||||||
| China | % | 2.12% | 2.14% | 2.24% | 2.41% | 2.43% | ... | |||||||||||||||
| El Salvador | % | ... | ... | ... | ... | 0.181% | 0.165% | 0.175% | 0.163% | 0.163% | ... | |||||||||||
| Guatemala | % | ... | ... | 0.030% | 0.029% | 0.026% | 0.049% | 0.059% | ... | ... | ||||||||||||
| Honduras | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.040% | 0.064% | 0.060% | ... | ... | ... | ... | |||
| Japan | % | 3.17% | 3.22% | 3.22% | 3.26% | 3.28% | ... | |||||||||||||||
| Mexico | % | 0.320% | 0.298% | 0.276% | 0.292% | 0.274% | ||||||||||||||||
| Nicaragua | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| USA | % | 2.88% | 2.99% | 3.15% | 3.42% | 3.48% | ... |
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