Mexico R&D Expenditure
0.3%▼ −0.01 pt
Dec 2024 · Annual
Mexico's research and development expenditure stood at 0.25372% of GDP in 2024, down from 0.26746% in the previous year. The figure remains near the all-time low of 0.23838% recorded in 1996 and far from the series high of 0.47353% in 2010. The annual series spans from 1996 to 2024.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 0.3% | 0.3% | 0.5%Dec 2010 | 0.2%Dec 1996 | 1996 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| ICT Goods Exports | 12.4% | 11.8% | 22.0% | 11.8% | Dec 2024 | Annual |
| High-Tech Exports | 19.3% | 18.0% | 22.7% | 18.0% | Dec 2024 | Annual |
About this series
R&D Expenditure in Mexico averaged 0.3% from 1996 until 2024, reaching an all-time high of 0.5% in Dec 2010 and a record low of 0.2% in Dec 1996. The series is reported yearly with history from 1996.
Research and development expenditure as a percentage of GDP measures the total domestic spending on R&D relative to the size of the economy. The indicator is reported annually for Mexico, with data available from 1996 to 2024. It covers both public and private sector R&D spending.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ