In 2023, the Gross Domestic Expenditure on R&D in Mexico stood at 5.64 Billion US Dollars PPP, Constant. Forecasted data shows a consistent decline from 2024 to 2028, starting at 5.32 Billion in 2024 and decreasing to 4.11 Billion in 2028. The year-on-year variations show a decrease of 5.83% from 2024 to 2025, 5.99% from 2025 to 2026, 6.37% from 2026 to 2027, and 6.80% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for the period 2023-2028 indicates an average annual decline of 6.30%.
Future trends to watch for include potential shifts in government policy toward R&D investment, private sector contributions, and international collaborations that could influence the current downward trend.
