Land Subdivision
Industry Group (2372)
2024-Q2: $2.39T MX, Gross Domestic Product
DENUE May 2024: 1,884, Economic units
Jan-Jun 2024: US$0, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $2.39T MX, 10.9% more than the previous quarter.
According DENUE 2024, Land Subdivision registered 1,884 economic units. The states with the highest number of economic units were Veracruz de Ignacio de la Llave (133), Jalisco (125), and Guanajuato (113).
According to data from the Economic Census 2019, total gross production was $35.6B MX. The states with the highest total gross production were Estado de México ($3.04B MX) and Nuevo León ($2.99B MX).
For its part, total income reached $36B MX in 2019, being the states with the highest income Nuevo León ($3.09B MX) and Estado de México ($3.03B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Land Subdivision the states with the highest affinity were Chihuahua (0.75), Sonora (0.73), Coahuila de Zaragoza (0.72), Nuevo León (0.71), and Baja California (0.69).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $2.39T MX
Gross Domestic Product 2023: $2.15T MX
* Data displayed corresponds to the sector Construction since the information at lower levels of disaggregation is not available.
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.
Production Indicators by State
#permalink to sectionAccording to data from the Economic Census 2019, 1,311 economic units were totaled in Land Subdivision, highlighting Jalisco (99), Guanajuato (88), and Veracruz de Ignacio de la Llave (81).
Total gross production was $35.6B MX. The states with the highest total gross production were Estado de México ($3.04B MX) and Nuevo León ($2.99B MX).
Total income reached $36B MX in 2019, being the states with the highest income Nuevo León ($3.09B MX) and Estado de México ($3.03B 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, Land Subdivision had a total of 3,261 economic units and the municipalities with the highest number of economic units were Tuxtla Gutiérrez (141), Monterrey (129), and León (117)
Total income eached $50.2B MX and the municipalities with the highest income were Hermosillo ($3.33B MX), Querétaro ($2.93B MX), and Puebla ($2.87B MX).
Total expenditures were $35.8B MX and the municipalities with the highest expenditures were Hermosillo ($2.68B MX), Puebla ($2.32B MX), and Querétaro ($1.79B MX).
On the other hand, in 2014 there were 97380 employees dependent on economic units and the municipalities with the highest number of employees were Querétaro (6.26k), Hermosillo (4.93k), and Guadalajara (4.33k).
* 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 Land Subdivision according to the number of employees.
According to DENUE data published in May 2024, 772 companies with 0 to 10 employees were registered (3 companies less than the previous period). In the same period, 905 companies with 11 to 50 employees were registered (15 companies less than the previous period).
125 companies with 51 to 100 employees were registered in 2024 (7 companies less than the previous period). Likewise, 82 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$546M, FDI Jan-1999 to Jun-2024
In the period january to june 2024, no FDI was registered in Land Subdivision.
Since January 1999 to June 2024, the accumulated amount of FDI in Land Subdivision was US$546M, distributed in equity Capital (US$478M), reinvestment of earnings (US$83.5M), and inter-company debts (-US$15.1M).
* 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$441M, 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$441M), Querétaro (US$17.6M), and Guanajuato (US$16.3M).
* 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: Germany, US$282M
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 sectionThe states with the highest degree of development opportunity in Land Subdivision according to Relatedness were Jalisco (0.53), Ciudad de México (0.53), and Durango (0.52). 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).