Patent applications of residents reached 1,334 in 2017 in Mexico, according to World Bank. This is 1.83 % more than in the previous year.
Historically, patent applications of residents in Mexico reached an all time high of 2,983 in 1968 and an all time low of 266 in 1977. When compared to Mexico's main peers, patent applications of residents in Guatemala amounted to 3.00, 4.00 in Honduras and 293,904 in USA in 2017.
Mexico has been ranked 30th within the group of 109 countries we follow in terms of patent applications of residents, 12 places above the position seen 10 years ago.
Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention, a product or a process that provides a new way of doing something or offers a new technical solution to a problem.