24Peaks / North America / Mexico / R-D Expenditure and Patent Applications

Mexico - R-D Expenditure and Patent Applications 0.25

World Bank WDI · updated 2026-10-15 · 156 economies tracked

Latest value

0.25 (2024)

Global rank

##18 of 156 economies

Share of global total

1.9%

Growth since 1996

1.04×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#12#23#34#45#56#671996200120062011201620212024#44#182022 overtook Cuba2024 overtook Slovenia
MexicoCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. Mexico climbed from #44 to #18 (overtook Cuba). Gaps in a lane = missing data that year.

Key events for Mexico ↓

Key Events — Mexico

Auto-detected from rank data + curated milestones

2009
Global crisis recession curated

Heavy US dependence drags GDP down.

2020
COVID-19 recession curated

Sharp contraction with limited fiscal space.

2022
Overtook Cuba in global rank auto
2024
Overtook Slovenia in global rank auto
2024
Climbed 44 places in global rank auto

R-D Expenditure and Patent Applications, 1996-2024

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201620240.240.320.390.47

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