Forecast: Number of Researchers in R&D in Mexico

From 2013 to 2023, the number of researchers in R&D in Mexico rose consistently, growing from 256.74 to 360.27 researchers per million persons. The year-on-year growth displayed substantial fluctuations, peaking at 12.15% in 2016 and dipping slightly in subsequent years. Recent years saw a stabilization in growth with minor variations of 0.33% in 2022 and 0.29% in 2023. The five-year CAGR leading up to 2023 was a stable 2.57%, indicating a steady growth trend over the past half-decade.

Looking ahead, the forecast suggests a modest rise in R&D researchers, reaching 364.23 researchers per million persons by 2028. The anticipated CAGR for the next five years is approximately 0.17%, reflecting a slower growth rate. Future trends to watch include potential impacts of policy changes on research funding, technological advancements that might spur R&D activity, and international collaboration that may drive a more significant increase in researcher numbers.

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