{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"mx-rd-expenditure-gdp","url":"https://apiardata.com/statistics/mx-rd-expenditure-gdp","html_url":"https://apiardata.com/statistics/mx-rd-expenditure-gdp/","title":"Mexico Research & Development Expenditure (% of GDP) (2024)","description":"Mexico's Research & Development Expenditure (% of GDP): 0.3 % of GDP in 2024, unchanged YoY. World Bank (GB.XPD.RSDV.GD.ZS), 1996–2024.","domain":"macro","category":"Economy & Macro","keywords":["Economy & Macro","World Bank","Mexico","2024"],"publisher":"World Bank","frequency":"Annual","geography":"Mexico","temporal_coverage":"1996/2024","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2024","variable_measured":"Mexico Research & Development Expenditure (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS?locations=MX"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1996–2024"},{"label":"Observations","value":"29"},{"label":"Geography","value":"Mexico"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Mexico (2024)","value":"0.3","unit":"% of GDP","trend":{"direction":"neutral","value":"unchanged YoY"}},{"label":"YoY Change","value":"unchanged","unit":"percentage points"},{"label":"Trend","value":"neutral","unit":""},{"label":"Series length","value":"29","unit":"years of data"}],"series":[{"key":"value","label":"Mexico Research & Development Expenditure (% of GDP)"}],"observation_count":29,"observations":[{"period":"1996","value":0.23838},{"period":"1997","value":0.26404},{"period":"1998","value":0.28519},{"period":"1999","value":0.32719},{"period":"2000","value":0.29205},{"period":"2001","value":0.30815},{"period":"2002","value":0.33745},{"period":"2003","value":0.37454},{"period":"2004","value":0.37053},{"period":"2005","value":0.38103},{"period":"2006","value":0.35298},{"period":"2007","value":0.38039},{"period":"2008","value":0.42416},{"period":"2009","value":0.45748},{"period":"2010","value":0.47353},{"period":"2011","value":0.45268},{"period":"2012","value":0.40284},{"period":"2013","value":0.40806},{"period":"2014","value":0.41962},{"period":"2015","value":0.41477},{"period":"2016","value":0.37601},{"period":"2017","value":0.31955},{"period":"2018","value":0.29816},{"period":"2019","value":0.27629},{"period":"2020","value":0.29185},{"period":"2021","value":0.27305},{"period":"2022","value":0.25727},{"period":"2023","value":0.26746},{"period":"2024","value":0.25372}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"0.3","yoyChange":"unchanged"},{"year":"2023","value":"0.3","yoyChange":"unchanged"},{"year":"2022","value":"0.3","yoyChange":"unchanged"},{"year":"2021","value":"0.3","yoyChange":"unchanged"},{"year":"2020","value":"0.3","yoyChange":"unchanged"},{"year":"2019","value":"0.3","yoyChange":"unchanged"},{"year":"2018","value":"0.3","yoyChange":"unchanged"},{"year":"2017","value":"0.3","yoyChange":"-0.1pp"},{"year":"2016","value":"0.4","yoyChange":"unchanged"},{"year":"2015","value":"0.4","yoyChange":"unchanged"},{"year":"2014","value":"0.4","yoyChange":"unchanged"},{"year":"2013","value":"0.4","yoyChange":"unchanged"},{"year":"2012","value":"0.4","yoyChange":"-0.1pp"},{"year":"2011","value":"0.5","yoyChange":"unchanged"},{"year":"2010","value":"0.5","yoyChange":"unchanged"},{"year":"2009","value":"0.5","yoyChange":"+0.1pp"},{"year":"2008","value":"0.4","yoyChange":"unchanged"},{"year":"2007","value":"0.4","yoyChange":"unchanged"},{"year":"2006","value":"0.4","yoyChange":"unchanged"},{"year":"2005","value":"0.4","yoyChange":"unchanged"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total R&D expenditure (public + private) as a share of GDP in Mexico from 1996 to present. R&D intensity is a leading indicator of innovation capability and future economic productivity. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"The series peaked at 0.5 % of GDP in 2010 and reached its lowest recorded value of 0.2 in 1996. The latest reading of 0.3 in 2024 is unchanged on the previous period."}]}