Forecast: Applied Research Expenditures by Higher Education in Mexico

In 2023, Applied Research Expenditures by Higher Education in Mexico stood at 1.50 Billion US Dollars PPP, Constant. The forecasted values for the years 2024 to 2028 indicate a consistent upward trend. The expenditures are expected to increase year-on-year by approximately 1.3% in 2025, 0.7% in 2026, 1.3% in 2027, and 0.6% in 2028. Over the last two years, the average annual variation is projected to be around 1.0%, while the Compound Annual Growth Rate (CAGR) over the next five years is estimated to be 0.9%.

Future trends to watch for include potential increases in federal funding for research, the impact of global economic conditions on research budgets, and the role of private sector partnerships in elevating research expenditures. Additionally, monitoring advancements in technology and their influence on applied research could offer significant insights.

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