Sector (72)
2024-Q2: $778B MX, Gross Domestic Product
DENUE May 2024: 703,063, Economic units
Jan-Jun 2024: US$329M, Foreign Direct Investment
2024-Q2 : $20.7k MX, Average Monthly Salary
2024-Q2 : 12k, Workforce
2024-Q2 : 42.3%, Female Workforce
2024-Q2: 35.1, Average Age
In the second quarter of 2024 the gross domestic product was $778B MX, 2.32% more than the previous quarter.
According DENUE 2024, Accommodation and Food Services registered 703,063 economic units. The states with the highest number of economic units were Estado de México (78,113), Ciudad de México (59,904), and Veracruz de Ignacio de la Llave (48,754).
According to data from the Economic Census 2019, total gross production was $712B MX. The states with the highest total gross production were Ciudad de México ($113B MX) and Quintana Roo ($94.6B MX).
For its part, total income reached $720B MX in 2019, being the states with the highest income Ciudad de México ($113B MX) and Quintana Roo ($98B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Accommodation and Food Services the states with the highest affinity were Baja California Sur (0.9), Sinaloa (0.9), Sonora (0.84), Chihuahua (0.84), and San Luis Potosí (0.82).
During the second quarter of 2024 in Accommodation and Food Services the workforce was 12k people, 57.7% men and 42.3% women. In addition, the average monthly salary informed was $20.7k MX.
During the same period, occupations with the highest number of workers in Accommodation and Food Services were Waiters, Security Guards Establishments, and Cantineros.
At the state level, the occupied population of Accommodation and Food Services was concentrated in List Yucatán,Nuevo León,Quintana Roo.
The average age of workers in Accommodation and Food Services in the second quarter of 2024 was 35.1 years. In the same period, the average schooling of the workforce of Accommodation and Food Services, was 9.72 years.
Average Monthly Salary 2024-Q2: $20.7k MX
Working population 2024-Q2: 12k
In the second quarter of 2024, the workforce in Accommodation and Food Services it was of 12k people, 57.7% men with a reported average monthly salary of $10.3k MX and 42.3% women with a salary of $34.9k MX.
Of the total employed population, 17% of the total workforce were formal workers with an average monthly salary of $10.4k MX, while he 83% corresponds to informal workers with an average salary of $22.8k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Waiters, Security Guards Establishments, and Cantineros.
At the state level, the workforce of Accommodation and Food Services was concentrated on Yucatán, Nuevo León, and Quintana Roo.
Gross domestic product 2024-Q2: $778B MX
Gross Domestic Product 2023: $754B MX
In the second quarter of 2024, Accommodation and Food Services recorded a gross domestic product of $778B MX, evidencing an increase of 2.32% compared to the previous quarter and an increase of 2.59% compared to the same period of the previous year.
* Current values, at current prices, base year 2013. Excludes taxes on products.
According to data from the Economic Census 2019, 637,124 economic units were totaled in Accommodation and Food Services, highlighting Estado de México (71,069), Ciudad de México (56,050), and Jalisco (44,452).
Total gross production was $712B MX. The states with the highest total gross production were Ciudad de México ($113B MX) and Quintana Roo ($94.6B MX).
Total income reached $720B MX in 2019, being the states with the highest income Ciudad de México ($113B MX) and Quintana Roo ($98B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
In 2019, Accommodation and Food Services had a total of 637,124 economic units and the municipalities with the highest number of economic units were Guadalajara (11.1k), Puebla (10.7k), and Iztapalapa (8.99k).
Also, $716B MX in total income were registered and the municipalities with the highest income were Benito Juárez ($41.9B MX), Solidaridad ($34.1B MX), and Cuauhtémoc ($27.1B MX).
Total expenditure registered in 2019 was $425B MX and the municipalities with the highest expenditure were Benito Juárez ($25.2B MX), Solidaridad ($21.5B MX), and Cuauhtémoc ($15.3B MX).
In 2019 there were 2.22M employees dependent on economic units and the municipalities with the highest number of employees were Cuauhtémoc (52.4k), Guadalajara (47.9k), and Puebla (37.5k).
* Any inconsistency between the data at the state and municipal level is due to the anonymization methodologies applied to the data, also municipalities not shown in the visualization have been anonymized.
The visualization shows the number of economic units in Accommodation and Food Services according to the number of employees.
According to DENUE data published in May 2024, 672,094 companies with 0 to 10 employees were registered (510 companies more than the previous period). In the same period, 27,449 companies with 11 to 50 employees were registered (237 companies more than the previous period).
2,246 companies with 51 to 100 employees were registered in 2024 (148 companies less than the previous period). Likewise, 1,274 companies with more than 101 employees were registered (33 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Accommodation and Food Services was US$329M, distributed in equity Capital (US$325M), reinvestment of earnings (US$25.8M), and inter-company debts (-US$21.3M).
Since January 1999 to June 2024, the accumulated amount of FDI in Accommodation and Food Services was US$28.4B, distributed in equity Capital (US$24.8B), reinvestment of earnings (US$1.91B), and inter-company debts (US$1.65B).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$9.06B, Baja California Sur is the main receiving state
No FDI is recorded in the period January to June, 2024
Historically (from January 1999 to June2024) the states that have received the highest FDI are Baja California Sur (US$9.06B), Quintana Roo (US$6.29B), and Nayarit (US$2.49B).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: United States, US$17.4B
No FDI is recorded in the period January to June of 2024.
Historically (from January 1999 to June de 2024) the countries that contributed the most to FDI were United States (US$206M), Spain (US$45.9M), and Canada (US$33.5M).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Accommodation and Food Services were Nayarit (1.51), Colima (1.34), and Quintana Roo (1.33). The degree of specialization is measured using the RCA index, which represents the ratio between the observed and expected establishments of each state for each industry.
The states with the highest degree of development opportunity in Accommodation and Food Services according to Relatedness were Sinaloa (0.9), Sonora (0.84), and Chihuahua (0.84). The Relatedness measures the distance between an industry and the current industrial composition in each state. The presented entities register a level of specialization lower than one unit (RCA <1).
Average Age 2024-Q2: 35.1
Average Years of Schooling 2024-Q2: 9.72
The visualization shows the workforce of Accommodation and Food Services by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Accommodation and Food Services the average age for women was 37 years and the average schooling was 9.41 years.
The average age of men in the Accommodation and Food Services workforce was 33.7 years, while the average schooling was 9.95 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".
The visualization shows the percentage distribution of employed staff according to age range or educational level in economic units of different ages.
According to data from the Economic Census 2019, the economic units of the Accommodation and Food Services sector had 2,668,898 people employed, by age range 222,451 people up to 20 years old were registered, 942,568 people from 21 to 30 years old, 753,651 people from 31 to 40 years old and 750,228 people over 40 years old.
By educational level 80,762 people without education were registered, 1,320,497 people with basic education, 951,741 people with upper secondary education and 315,898 people with higher education.
The visualization shows the percentage distribution of staff turnover and permanence in companies of different sizes and ages, according to the option selected in the upper button.
According to data from the Economic Census 2019, employee turnover is 13.1% in companies with up to 10 people, 27.2% in companies with 11 to 50 people, 39.4% in companies with 51 to 250 people, and 38.3% in companies with 251 and more people.
According to data from the Economic Census 2019, the staff distribution who received training according to age range was 14.7% of staff with up to 20 years, 14.6% of staff between 21 and 30 years, 14.2% of staff between 31 and 40 years, and 9.91% of staff with 41 years or more.
According to the level of instruction, the distribution of trained staff was 12.5% of staff without intruction, 10.6% of staff with basic education, 14.9% of staff with upper secondary education, and 19% of staff with higher education.
According to data from the Economic Census 2019, the distribution of economic units according to size that had access to financing was 11.5% units with up to 10 people, 15.8% units with 11 to 50 people, 20.8% units with 51 to 250 people, and 24.8% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 15% of the recently created (up to 2 years) units, 11.9% of the youth (3 to 5 years) units, 10.3% of the adults (6 to 10 years) units, and 9.45% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Baja California Sur (17.8%), Sonora (14.8%), Campeche (14.6%), Oaxaca (14.6%), and Morelos (14.3%).
The visualization shows the percentage of economic units according to size or age according to the sources of financing or the uses they gave to the financing received.
In the chart, each level corresponds to a size or age of the company depending on the option selected in the upper button. The darker the box, the higher the percentage of economic units that are in that category.
According to data from the Economic Census 2019, the distribution of economic units that had a bank account was 9.83% units with up to 10 people, 77.8% units with 11 to 50 people, 96.1% units with 51 to 250 people, and 97.9% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were Baja California Sur (37.9%), Quintana Roo (29.5%), Baja California (29%), Chihuahua (25.4%), and Sonora (24.9%).
The same information can be viewed for the economic units that had bank credit by changing the option selected in the upper button.
The visualization shows the percentage of economic units classified by size according to reasons for not having a bank account or credit.
In the chart, each level corresponds to a company size, the darker the box, the greater the percentage of economic units that are in that category. The categories represent the reasons why the companies did not have a bank account or credit, depending on the option selected in the upper button.
The visualization shows the percentage distribution of the economic units in the Accommodation and Food Services sector that had internet services.
According to data from the Economic Census 2019, the states with the highest percentage of economic units that had internet services were Baja California Sur (29.5%), Quintana Roo (28.2%), Baja California (25.4%), Chihuahua (19.5%), and Sonora (18.9%).
The visualization shows the distribution of companies that had internet services or computer services according to the size or age of the economic units, depending on the options selected in the upper buttons.
According to data from the Economic Census 2019, the Accommodation and Food Services sector had 11.5% of economic units that had internet services and 12.7% of economic units that had computer services. The disaggregation by size or age of the units can be analyzed in the visualization.
The visualization shows where the economic units are concentrated depending on the use they make of the internet, according to the size or age of the company.
According to the size of the company, the economic units of 251 and more people that use the internet in banking and financial operations (95.5%) stand out in percentage terms.
According to the age of the company, seniors (over 10 years) economic units that use the internet for search information for goods or services (76.4%) stand out.
The visualization shows the distribution of purchases and sales over the Internet and the distribution of monetary transactions according to the medium used in the transaction and the size of the companies.
According to data from the 2019 Economic Census, internet sales reached $97.5B MX and purchases were $62.5B MX. On the other hand, sales made in monetary transactions were $713B MX and purchases reached $413B MX.
The chart shows the main problems faced by economic units. With the upper selector it is possible to analyze the problems affecting companies according to their size. By default, the problems of economic units with up to 10 people are shown.
According to data from the Economic Census 2019, the main problems faced by the economic units of Accommodation and Food Services with up to 10 workers are public insecurity (24.7%), high expenses in service payments (16.6%), another problems (15.3%), and high taxes (9.16%).
According to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 45.5% units with up to 10 people, 90.7% units with 11 to 50 people, 98.9% units with 51 to 250 people, and 99.5% units with 251 and more people.
The states with the highest percentage of economic units that had an accounting system were Baja California Sur (69.9%), Baja California (68.3%), Quintana Roo (67.2%), Chihuahua (67.1%), and Tamaulipas (61.1%).
The chart shows the percentage of companies by size that used different mechanisms to control expenses and income in their operations.
According to data from the Economic Census 2019, the main expenses and income control mechanisms were accounting system developed by third parties (60.1%) in companies with up to 10 people, external accounting system (47.2%) in companies with 11 to 50 people, internally developed accounting system (68.1%) in companies with 51 to 250 people, and internally developed accounting system (77.2%) in companies with 251 and more people.
The visualization shows the percentage distribution of the economic units in the Accommodation and Food Services sector according to the amount of income from the supply of goods and services.
According to data from the Economic Census 2019, the states with the highest income from the supply of goods and services were list Ciudad de México ($113B MX),Quintana Roo ($94.7B MX),Jalisco ($52.7B MX),Estado de México ($48.1B MX),Nuevo León ($35B MX).
With the upper selector it is possible to see the distribution of expenses for consumption of goods and services, in addition to the amounts of purchases or sales over the internet.
The visualization shows the percentage of large economic units of the private and parastatal sector that had activities in 2018, according to compliance with the environmental standard.
In 2018, 11.1% of the large economic units complied with the environmental standard, 34.5% did not know if they complied with any environmental standard, and 54.3% did not comply with the environmental standard.
The visualization shows the percentage distribution of economic units in the private and parastatal sectors of Accommodation and Food Services that had staff in environmental protection activities by state.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units that had staff in environmental protection activities were Quintana Roo (14%), Campeche (11%), Baja California Sur (11%), Querétaro (9.95%), and Estado de México (9.86%).
According to data from the 2019 Economic Census, 61.1% of the large economic units in the Accommodation and Food Services sector separated their waste, highlighting the separation of paper (88.7%), plastic (82.8%), and organic waste (67.4%).
On the other hand, 5.26% of the large economic units applied some treatment to the wastewater generated in their activity. The main uses of the treated water were gardening and cleaning (2.38%), discharge to the public network (2.33%), and same production process (0.43%).
According to data from the Economic Census 2019, 8.49% of the large economic units in the Accommodation and Food Services sector made expenditures on environmental protection, highlighting expenditures in decrease energy consumption ($275M MX), sewer, drainage or sanitation ($78.2M MX), and sewage treatment ($72.3M MX).
On the other hand, 3.15% of the large economic units made investment in environmental protection. The main investments were in decrease energy consumption ($53.6M MX), decrease water consumption ($29.8M MX), and non-hazardous waste management ($11M MX).
The visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of Accommodation and Food Services with innovation activities in at least one year between 2016 and 2018.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units with innovation activities in 2016, 2017 or 2018 were Baja California (8.78%), Querétaro (8.5%), Campeche (8.13%), Chihuahua (7.83%), and Quintana Roo (7.8%).
According to data from the Economic Census 2019, 4.73% of the large economic units of the private and parastatal sector of Accommodation and Food Services had innovation activities in 2018.
Of the total staff employed in large economic units, 5.24% was employed in product innovation activities, 2.92% in process innovation, 3.16% in market innovation, 3.8% in organizational innovation, and 1.77% in innovation for technological adaptation and documentation.
The visualization shows the distribution of large economic units of the private and parastatal sector of Accommodation and Food Services that employed qualified staff in technological research and development activities in 2016, 2017 and 2018.
According to data from the Economic Census 2019, the lowercase Accommodation and Food Services Sector had 712 economic units that had qualified staff in technological research and development activities, 52 economic units had it for research and technological development in the field of Biotechnology and 26 economic units for research and technological development in Nanotechnology.
In the same year, 139 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 685 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.