Sector (23)
2024-Q2: $2.39T MX, Gross Domestic Product
DENUE May 2024: 27,145, Economic units
Jan-Jun 2024: US$170M, Foreign Direct Investment
2024-Q2 : $7.76k MX, Average Monthly Salary
2024-Q2 : 8.77M, Workforce
2024-Q2 : 3.37%, Female Workforce
2024-Q2: 40.2, Average Age
In the second quarter of 2024 the gross domestic product was $2.39T MX, 10.9% more than the previous quarter.
According DENUE 2024, Construction registered 27,145 economic units. The states with the highest number of economic units were Ciudad de México (2,391), Jalisco (1,913), and Nuevo León (1,845).
According to data from the Economic Census 2019, total gross production was $530B MX. The states with the highest total gross production were Ciudad de México ($118B MX) and Nuevo León ($51.7B MX).
For its part, total income reached $541B MX in 2019, being the states with the highest income Ciudad de México ($121B MX) and Nuevo León ($52.5B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Construction the states with the highest affinity were Baja California Sur (0.9), Sinaloa (0.89), Chihuahua (0.85), San Luis Potosí (0.85), and Sonora (0.83).
During the second quarter of 2024 in Construction the workforce was 8.77M people, 96.6% men and 3.37% women. In addition, the average monthly salary informed was $7.76k MX.
During the same period, occupations with the highest number of workers in Construction were Bricklayers, Stonemasons and Related, Support Workers in Construction, and Electricians and Linemen.
At the state level, the occupied population of Construction was concentrated in List Estado de México,Jalisco,Veracruz de Ignacio de la Llave.
The average age of workers in Construction in the second quarter of 2024 was 40.2 years. In the same period, the average schooling of the workforce of Construction, was 8.65 years.
Average Monthly Salary 2024-Q2: $7.76k MX
Working population 2024-Q2: 8.77M
In the second quarter of 2024, the workforce in Construction it was of 8.77M people, 96.6% men with a reported average monthly salary of $7.76k MX and 3.37% women with a salary of $7.77k MX.
Of the total employed population, 16.3% of the total workforce were formal workers with an average monthly salary of $9.87k MX, while he 83.7% corresponds to informal workers with an average salary of $7.36k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Bricklayers, Stonemasons and Related, Support Workers in Construction, and Electricians and Linemen.
At the state level, the workforce of Construction was concentrated on Estado de México, Jalisco, and Veracruz de Ignacio de la Llave.
Gross domestic product 2024-Q2: $2.39T MX
Gross Domestic Product 2023: $2.15T MX
In the second quarter of 2024, Construction recorded a gross domestic product of $2.39T MX, evidencing an increase of 10.9% compared to the previous quarter and an increase of 11.5% 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, 19,501 economic units were totaled in Construction, highlighting Ciudad de México (1,864), Jalisco (1,517), and Estado de México (1,226).
Total gross production was $530B MX. The states with the highest total gross production were Ciudad de México ($118B MX) and Nuevo León ($51.7B MX).
Total income reached $541B MX in 2019, being the states with the highest income Ciudad de México ($121B MX) and Nuevo León ($52.5B 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, Construction had a total of 19,501 economic units and the municipalities with the highest number of economic units were Guadalajara (659), Monterrey (630), and Mérida (553).
Also, $527B MX in total income were registered and the municipalities with the highest income were Miguel Hidalgo ($37.9B MX), Monterrey ($32.8B MX), and Guadalajara ($27.5B MX).
Total expenditure registered in 2019 was $351B MX and the municipalities with the highest expenditure were Miguel Hidalgo ($23.1B MX), Monterrey ($22.8B MX), and Guadalajara ($18.9B MX).
In 2019 there were 539k employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (29k), Monterrey (23.3k), and Mérida (20.7k).
* 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 Construction according to the number of employees.
According to DENUE data published in May 2024, 13,858 companies with 0 to 10 employees were registered (29 companies less than the previous period). In the same period, 10,350 companies with 11 to 50 employees were registered (112 companies less than the previous period).
1,555 companies with 51 to 100 employees were registered in 2024 (56 companies less than the previous period). Likewise, 1,382 companies with more than 101 employees were registered (71 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Construction was US$170M, distributed in inter-company debts (US$88.9M), reinvestment of earnings (US$81M), and equity Capital (Confidential).
Since January 1999 to June 2024, the accumulated amount of FDI in Construction was US$25.5B, distributed in equity Capital (US$12.3B), reinvestment of earnings (US$10.2B), and inter-company debts (US$3.06B).
* 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$6.38B, Estado de México 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 Estado de México (US$6.38B), Mexico City (US$4.91B), and Nuevo León (US$2.07B).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: Spain, US$9.88B
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$157M), Denmark (Confidential), and Spain (US$4.34M).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Construction were Sonora (2.05), Nuevo León (2.01), and Aguascalientes (1.77). 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 Construction according to Relatedness were Veracruz de Ignacio de la Llave (0.3), Oaxaca (0.28), and Guanajuato (0.27). 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: 40.2
Average Years of Schooling 2024-Q2: 8.65
The visualization shows the workforce of Construction by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Construction the average age for women was 36.3 years and the average schooling was 12.9 years.
The average age of men in the Construction workforce was 40.3 years, while the average schooling was 8.5 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 Construction sector had 676,301 people employed, by age range 35,047 people up to 20 years old were registered, 222,874 people from 21 to 30 years old, 261,766 people from 31 to 40 years old and 156,614 people over 40 years old.
By educational level 41,016 people without education were registered, 325,149 people with basic education, 174,645 people with upper secondary education and 135,491 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 25.2% in companies with up to 10 people, 33.6% in companies with 11 to 50 people, 36.5% in companies with 51 to 250 people, and 37.9% 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 47.7% of staff with up to 20 years, 46.8% of staff between 21 and 30 years, 46.7% of staff between 31 and 40 years, and 47.3% of staff with 41 years or more.
According to the level of instruction, the distribution of trained staff was 45.4% of staff without intruction, 47.6% of staff with basic education, 46.8% of staff with upper secondary education, and 46.1% 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 16.1% units with up to 10 people, 36.4% units with 11 to 50 people, 50.5% units with 51 to 250 people, and 56.8% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 13.9% of the recently created (up to 2 years) units, 20.1% of the youth (3 to 5 years) units, 28.1% of the adults (6 to 10 years) units, and 34.6% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Durango (39%), Campeche (37%), Colima (36.5%), Sonora (36.2%), and Querétaro (35.2%).
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 63.5% units with up to 10 people, 95.9% units with 11 to 50 people, 98.4% units with 51 to 250 people, and 98.3% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were Baja California Sur (93.3%), Aguascalientes (92.9%), Campeche (91.6%), Yucatán (89.8%), and Sinaloa (89%).
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 Construction 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 Oaxaca (90.4%), Aguascalientes (90.2%), Campeche (89.5%), Baja California Sur (89.3%), and Yucatán (89.3%).
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 Construction sector had 80.4% of economic units that had internet services and 81.9% 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 51 to 250 people that use the internet in banking and financial operations (97.1%) stand out in percentage terms.
According to the age of the company, seniors (over 10 years) economic units that use the internet for banking and financial operations (91.4%) 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 $110B MX and purchases were $91.8B MX. On the other hand, sales made in monetary transactions were $533B MX and purchases reached $346B 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 Construction with up to 10 workers are high taxes (15.5%), public insecurity (13.9%), high costs of raw materials (13.4%), and low demand for goods or services (12.4%).
According to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 76.2% units with up to 10 people, 95.3% units with 11 to 50 people, 97.8% units with 51 to 250 people, and 97.8% units with 251 and more people.
The states with the highest percentage of economic units that had an accounting system were Baja California Sur (94.2%), Zacatecas (93.3%), Yucatán (93.3%), Nayarit (93.2%), and Chiapas (93.2%).
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 external accounting system (63%) in companies with up to 10 people, external accounting system (62.1%) in companies with 11 to 50 people, internally developed accounting system (49%) in companies with 51 to 250 people, and internally developed accounting system (65.3%) in companies with 251 and more people.
The visualization shows the percentage distribution of the economic units in the Construction 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 ($118B MX),Nuevo León ($52B MX),Jalisco ($43.6B MX),Estado de México ($24.6B MX),Chihuahua ($24.4B 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, 4.66% of the large economic units complied with the environmental standard, 36.3% did not know if they complied with any environmental standard, and 59% did not comply with the environmental standard.
The visualization shows the percentage distribution of economic units in the private and parastatal sectors of Construction 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 Ciudad de México (9.79%), Querétaro (9.6%), Tabasco (9.57%), Campeche (8.81%), and Veracruz de Ignacio de la Llave (8.44%).
According to data from the 2019 Economic Census, 40.5% of the large economic units in the Construction sector separated their waste, highlighting the separation of paper (76.4%), metal (67.6%), and wood (63.5%).
On the other hand, 2.22% 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 (0.9%), discharge to the public network (0.66%), and same production process (0.51%).
According to data from the Economic Census 2019, 3.4% of the large economic units in the Construction sector made expenditures on environmental protection, highlighting expenditures in hazardous waste management ($1B MX), non-hazardous waste management ($906M MX), and care and maintenance of the vehicle fleet ($839M MX).
On the other hand, 1.44% of the large economic units made investment in environmental protection. The main investments were in ecosystem protection activities ($793M MX), decrease energy consumption ($442M MX), and care and maintenance of the vehicle fleet ($181M MX).
The visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of Construction 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 Ciudad de México (10%), Colima (9.66%), Guanajuato (9.39%), Estado de México (8.35%), and Querétaro (8.28%).
According to data from the Economic Census 2019, 5.51% of the large economic units of the private and parastatal sector of Construction had innovation activities in 2018.
Of the total staff employed in large economic units, 3.57% was employed in product innovation activities, 2.61% in process innovation, 1.36% in market innovation, 2.65% in organizational innovation, and 1.54% in innovation for technological adaptation and documentation.
The visualization shows the distribution of large economic units of the private and parastatal sector of Construction 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 Construction Sector had 553 economic units that had qualified staff in technological research and development activities, 94 economic units had it for research and technological development in the field of Biotechnology and 52 economic units for research and technological development in Nanotechnology.
In the same year, 85 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 64 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.