The country was number 31 in 2023, Colombia overtook $954.78 Million PPP. China, Japan and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does Mexico rank in Business Enterprise Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 45 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 545,370 | 2023 | +6.85% | +8.1% | View data |
| 2 | 2 China | 543,520 | 2023 | +8.09% | +9.59% | View data |
| 3 | 3 Japan | 136,220 | 2023 | +1.3% | +0.2% | View data |
| 4 | 4 South Korea | 89,310 | 2023 | +4.3% | +4.54% | View data |
| 5 | 5 Germany | 78,860 | 2023 | +1.45% | -0.26% | View data |
| 29 | 29 Romania | 1,300 | 2023 | +1.84% | -0.32% | View data |
| 30 | 30 Colombia | 1,050 | 2023 | +3.27% | +4.12% | View data |
| 31 | 31 Mexico | 960.73 | 2023 | -4.05% | -4.44% | |
| 32 | 32 Slovakia | 842.39 | 2023 | +4.63% | +3.55% | View data |
| 33 | 33 Slovenia | 831.27 | 2023 | +2.3% | +3% | View data |
