Government expenditure on tertiary education, constant PPP$ in Mexico

Mexico: Government expenditure on tertiary education, constant PPP$ was 22,507 millions in 2017. ▲ Rising

Latest (2017)
22,507 millions
Change on year
down 10.1%
World rank
11th
of 144 countries
All-time high
26,426 millions
in 2015
All-time low
3,851 millions
in 1990
Years of data
24
1990–2017

Government expenditure on tertiary education, constant PPP$ in Mexico, 1990–2017

5.0k10.0k15.0k20.0k25.0k1990200320171990: 3.9k millions1991: 4.5k millions1992: 5.0k millions1994: 10.6k millions1995: 9.2k millions1998: 11.1k millions1999: 12.2k millions2001: 10.8k millions2002: 15.3k millions2003: 15.2k millions2004: 15.2k millions2005: 16.0k millions2006: 16.0k millions2007: 17.5k millions2008: 18.6k millions2009: 20.1k millions2010: 20.6k millions2011: 19.5k millions2012: 21.7k millions2013: 23.0k millions2014: 25.5k millions2015: 26.4k millions2016: 25.0k millions2017: 22.5k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant ppp$ in Mexico is 22,507 millions, measured in 2017.

Compared with earlier readings it is down 10.1% on the previous year and up 28.7% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Mexico peaked at 26,426 millions in 2015 and was at its lowest, 3,851 millions, in 1990.

That places Mexico 11th out of 144 countries with data for 2017, putting it in the top 10%.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8,074 millions 3,851 millions 12,230 millions 7
2000s 16,054 millions 10,773 millions 20,067 millions 9
2010s 23,036 millions 19,500 millions 26,426 millions 8

Countries ranked near Mexico

  1. 8 Japan 32,306 millions compare
  2. 9 Russia 29,689 millions compare
  3. 10 Canada 27,762 millions compare
  4. 12 Italy 19,012 millions compare
  5. 13 China 18,191 millions compare
  6. 14 South Korea 18,087 millions compare

See the full ranking of 144 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Mexico?
Government expenditure on tertiary education, constant ppp$ in Mexico was 22,507 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Mexico?
The highest recorded value was 26,426 millions in 2015.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Mexico?
The lowest recorded value was 3,851 millions in 1990.
How does Mexico rank for government expenditure on tertiary education, constant ppp$?
Mexico ranks 11th out of 144 countries with data for 2017.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Mexico?
Over the last ten years it is up 28.7%. The long-run trend across the full record is rising.
Where does this Mexico data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
144 places, 2,101 data points, 1984–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), in millions PPP$ (at purchasing power parity) in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to PPP$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant PPP$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/