The country ranked number 18 in 2023, Portugal came ahead $1,680 PPP. The United States, Japan and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does Mexico rank in Business Enterprise Expenditure on R&D?
| # | 27 Countries | US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 527,960 | 2023 | +4.06% | +4.23% | View data |
| 2 | 2 United States | 477,260 | 2023 | +2.47% | +2.49% | View data |
| 3 | 3 Japan | 147,030 | 2023 | +1.56% | +1.56% | View data |
| 4 | 4 South Korea | 93,420 | 2023 | +3.46% | +3.4% | View data |
| 5 | 5 Taiwan | 40,910 | 2023 | +3.44% | +3.28% | View data |
| 16 | 16 Hungary | 4,180 | 2023 | +3.88% | +3.15% | View data |
| 17 | 17 Portugal | 2,750 | 2023 | +2.74% | +2.65% | View data |
| 18 | 18 Mexico | 1,680 | 2023 | -1.39% | -1.2% | |
| 19 | 19 Slovenia | 1,300 | 2023 | +2.26% | +2.18% | View data |
| 20 | 20 Bulgaria | 1,070 | 2023 | +3.86% | +4.4% | View data |
