Latvia vs Mexico: Government budget allocations for R&D — Government Allocations for R&D
Latvia
245.5 US dollars, PPP converted
in 2024
Mexico
5,419 US dollars, PPP converted
in 2024
Latvia rank
12th
Mexico rank
11th
Government budget allocations for R&D — Government Allocations for R&D over time
- Latvia
- Mexico
How they compare
Mexico currently reports 5,419 US dollars, PPP converted against 245.5 US dollars, PPP converted in Latvia, a difference of 5,174 US dollars, PPP converted.
That makes Mexico's figure about 22.1 times Latvia's.
Across all 32 years both countries report, Mexico has been ahead every year.
Latvia ranks 12th and Mexico ranks 11th of 12 countries.
Mexico has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 60.89 US dollars, PPP converted | 2,901 US dollars, PPP converted | 2,841 US dollars, PPP converted | Mexico |
| 2000s | 106.34 US dollars, PPP converted | 4,202 US dollars, PPP converted | 4,096 US dollars, PPP converted | Mexico |
| 2010s | 109.16 US dollars, PPP converted | 6,575 US dollars, PPP converted | 6,465 US dollars, PPP converted | Mexico |
| 2020s | 192.75 US dollars, PPP converted | 5,205 US dollars, PPP converted | 5,012 US dollars, PPP converted | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government budget allocations for r&d — government allocations for r&d, Latvia or Mexico?
- Mexico, at 5,419 US dollars, PPP converted against 245.5 US dollars, PPP converted in Latvia as of 2024.
- What is the difference in government budget allocations for r&d — government allocations for r&d between Latvia and Mexico?
- 5,174 US dollars, PPP converted, with Mexico ahead.
- How many years of comparable data are there for Latvia and Mexico?
- 32 years are reported by both, from 1993 to 2024.
- How do Latvia and Mexico rank globally for government budget allocations for r&d — government allocations for r&d?
- Latvia ranks 12th and Mexico ranks 11th of 12 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Government budget allocations for R&D — Government Allocations for R&D (GBARD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table contains data on Government budget allocations for R&D (GBARD) by socio-economic objective (SEO), using the NABS 2007 classification