Data analysis for basic research expenditures by higher education in Mexico reveals a steady upward trend from 2024 to 2028, starting at $1.57 billion in 2024 and reaching $1.62 billion by 2028. The year-on-year percentage variation indicates marginal increases mostly around 0.6% to 1%. The Compound Annual Growth Rate (CAGR) over this five-year forecast period is approximately 0.79%. In 2023, actual expenditures stood at $1.55 billion.
Future trends to watch for include potential shifts due to changes in government policies on education funding, economic fluctuations affecting budget allocations, and technological advancements driving new research initiatives. Monitoring these factors will be critical for forecasting long-term investment patterns in higher education research in Mexico.
