Mexico Research & Development Expenditure (% of GDP) (2024)
Mexico's Research & Development Expenditure (% of GDP): 0.254 % of GDP in 2024, -0.013pp YoY. World Bank (GB.XPD.RSDV.GD.ZS), 1996–2024.
Mexico (2024)
0.254
% of GDP
-0.013pp YoY
YoY Change
-0.013pp
percentage points
Trend
down
Series length
29
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 0.254 | -0.013pp |
| 2023 | 0.267 | +0.01pp |
| 2022 | 0.257 | -0.016pp |
| 2021 | 0.273 | -0.019pp |
| 2020 | 0.292 | +0.016pp |
| 2019 | 0.276 | -0.022pp |
| 2018 | 0.298 | -0.022pp |
| 2017 | 0.32 | -0.056pp |
| 2016 | 0.376 | -0.039pp |
| 2015 | 0.415 | -0.005pp |
| 2014 | 0.42 | +0.012pp |
| 2013 | 0.408 | +0.005pp |
| 2012 | 0.403 | -0.05pp |
| 2011 | 0.453 | -0.021pp |
| 2010 | 0.474 | +0.017pp |
| 2009 | 0.457 | +0.033pp |
| 2008 | 0.424 | +0.044pp |
| 2007 | 0.38 | +0.027pp |
| 2006 | 0.353 | -0.028pp |
| 2005 | 0.381 | +0.01pp |
About this Dataset
Mexico recorded 0.254 % of GDP in 2024. The latest change was -0.013pp. Across 1996–2024 the series ranges from 0.238 % of GDP in 1996 to 0.474 % of GDP in 2010.
This page tracks total R&D expenditure (public + private) as a share of GDP in Mexico. R&D intensity is a leading indicator of innovation capability and future economic productivity.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks total R&D expenditure (public + private) as a share of GDP in Mexico. R&D intensity is a leading indicator of innovation capability and future economic productivity. It is published by World Bank and updated annually.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1996–2024 (29 observations).
The series peaked at 0.474 % of GDP in 2010 and reached its lowest recorded value of 0.238 % of GDP in 1996. The latest reading is 0.254 % of GDP in 2024. The latest change was -0.013pp.