Investment Bank, Stock Exchange and Currency Exchange
Industry Group (5231)
2024-Q2: $1.4T MX, Gross Domestic Product
DENUE May 2024: 3,645, Economic units
Jan-Jun 2024: US$0, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $1.4T MX, 3.89% more than the previous quarter.
According DENUE 2024, Investment Bank, Stock Exchange and Currency Exchange registered 3,645 economic units. The states with the highest number of economic units were Baja California (564), Chihuahua (364), and Tamaulipas (363).
According to data from the Economic Census 2019, total gross production was $25.9B MX. The states with the highest total gross production were Ciudad de México ($22.8B MX) and Nuevo León ($1.15B MX).
For its part, total income reached $285B MX in 2019, being the states with the highest income Ciudad de México ($278B MX) and Nuevo León ($4.87B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Investment Bank, Stock Exchange and Currency Exchange the states with the highest affinity were Nuevo León (0.78), Chihuahua (0.77), Coahuila de Zaragoza (0.73), Sonora (0.72), and Baja California (0.71).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $1.4T MX
Gross Domestic Product 2023: $1.3T MX
* Data displayed corresponds to the sector Finance and Insurance since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Finance and Insurance recorded a gross domestic product of $1.4T MX, evidencing an increase of 3.89% compared to the previous quarter and an increase of 6.73% compared to the same period of the previous year.
* Current values, at current prices, base year 2013. Excludes taxes on products.
Production Indicators by State
#permalink to sectionAccording to data from the Economic Census 2019, 2,974 economic units were totaled in Investment Bank, Stock Exchange and Currency Exchange, highlighting Baja California (466), Tamaulipas (329), and Chihuahua (314).
Total gross production was $25.9B MX. The states with the highest total gross production were Ciudad de México ($22.8B MX) and Nuevo León ($1.15B MX).
Total income reached $285B MX in 2019, being the states with the highest income Ciudad de México ($278B MX) and Nuevo León ($4.87B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
Production Indicators by Municipality
#permalink to sectionAccording to dato from Economic Census 2014, Investment Bank, Stock Exchange and Currency Exchange had a total of 5,076 economic units and the municipalities with the highest number of economic units were Mexicali (435), Matamoros (264), and Nuevo Laredo (216)
Total income eached $274B MX and the municipalities with the highest income were Cuauhtémoc ($120B MX), Miguel Hidalgo ($114B MX), and Álvaro Obregón ($22.5B MX).
Total expenditures were $232B MX and the municipalities with the highest expenditures were Cuauhtémoc ($104B MX), Miguel Hidalgo ($102B MX), and Álvaro Obregón ($14.7B MX).
On the other hand, in 2014 there were 31956 employees dependent on economic units and the municipalities with the highest number of employees were Cuauhtémoc (7.97k), Miguel Hidalgo (7.6k), and Álvaro Obregón (3.5k).
* 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.
Economic Units
#permalink to sectionThe visualization shows the number of economic units in Investment Bank, Stock Exchange and Currency Exchange according to the number of employees.
According to DENUE data published in May 2024, 3,509 companies with 0 to 10 employees were registered (11 companies more than the previous period). In the same period, 105 companies with 11 to 50 employees were registered (13 companies less than the previous period).
12 companies with 51 to 100 employees were registered in 2024 (1 companies less than the previous period). Likewise, 19 companies with more than 101 employees were registered (2 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
Investment
#permalink to sectionForeign Direct Investment (FDI)
#permalink to section- US$0, FDI Jan-Jun 2024
- US$791M, FDI Jan-1999 to Jun-2024
In the period january to june 2024, no FDI was registered in Investment Bank, Stock Exchange and Currency Exchange.
Since January 1999 to June 2024, the accumulated amount of FDI in Investment Bank, Stock Exchange and Currency Exchange was US$791M, distributed in reinvestment of earnings (US$375M), equity Capital (US$348M), and inter-company debts (US$66.9M).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$778M, Mexico City 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 Mexico City (US$778M), Nuevo León (US$5.12M), and Jalisco (US$4.05M).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: United States, US$756M
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 (Confidential) and Germany (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionAs of May 2021, the states with the highest degree of specialization in Investment Bank, Stock Exchange and Currency Exchange were Baja California (6.87). 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 Investment Bank, Stock Exchange and Currency Exchange according to Relatedness were Querétaro (0.67), Ciudad de México (0.58), and Aguascalientes (0.57). 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).