Other Educational Services
Industry Group (6116)
2024-Q2: $1.16T MX, Gross Domestic Product
DENUE May 2024: 22,922, Economic units
Jan-Jun 2024: US$0, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $1.16T MX, 2.72% more than the previous quarter.
According DENUE 2024, Other Educational Services registered 22,922 economic units. The states with the highest number of economic units were Estado de México (2,992), Ciudad de México (2,542), and Jalisco (1,644).
According to data from the Economic Census 2019, total gross production was $11.8B MX. The states with the highest total gross production were Ciudad de México ($3.14B MX) and Jalisco ($1.22B MX).
For its part, total income reached $11.9B MX in 2019, being the states with the highest income Ciudad de México ($3.15B MX) and Jalisco ($1.24B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Educational Services the states with the highest affinity were Nuevo León (0.76), Chihuahua (0.75), Coahuila de Zaragoza (0.71), Sonora (0.71), and Baja California (0.7).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $1.16T MX
Gross Domestic Product 2023: $1.09T MX
* Data displayed corresponds to the sector Educational Services since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Educational Services recorded a gross domestic product of $1.16T MX, evidencing an increase of 2.72% compared to the previous quarter and an increase of 8.68% 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, 20,219 economic units were totaled in Other Educational Services, highlighting Estado de México (2,653), Ciudad de México (2,320), and Jalisco (1,480).
Total gross production was $11.8B MX. The states with the highest total gross production were Ciudad de México ($3.14B MX) and Jalisco ($1.22B MX).
Total income reached $11.9B MX in 2019, being the states with the highest income Ciudad de México ($3.15B MX) and Jalisco ($1.24B 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, Other Educational Services had a total of 44,238 economic units and the municipalities with the highest number of economic units were Guadalajara (1.4k), Mérida (1.32k), and Puebla (1.13k)
Total income eached $21.5B MX and the municipalities with the highest income were Cuauhtémoc ($1.8B MX), Benito Juárez ($1.07B MX), and Miguel Hidalgo ($935M MX).
Total expenditures were $10.2B MX and the municipalities with the highest expenditures were Cuauhtémoc ($930M MX), Miguel Hidalgo ($560M MX), and Benito Juárez ($548M MX).
On the other hand, in 2014 there were 166158 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (6.47k), Mérida (5.02k), and Cuauhtémoc (4.92k).
* 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 Other Educational Services according to the number of employees.
According to DENUE data published in May 2024, 21,085 companies with 0 to 10 employees were registered (7 companies less than the previous period). In the same period, 1,716 companies with 11 to 50 employees were registered (1 companies less than the previous period).
103 companies with 51 to 100 employees were registered in 2024 (2 companies less than the previous period). Likewise, 18 companies with more than 101 employees were registered (equal number of companies as 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$35.5M, FDI Jan-1999 to Jun-2024
In the period january to june 2024, no FDI was registered in Other Educational Services.
Since January 1999 to June 2024, the accumulated amount of FDI in Other Educational Services was US$35.5M, distributed in equity Capital (US$22.6M), inter-company debts (US$12.7M), and reinvestment of earnings (US$226k).
* 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$29.8M, 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$29.8M), Nuevo León (US$4.69M), and Baja California (US$700k).
* 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 Kingdom, US$28.7M
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 Kingdom (Confidential), Canada (Confidential), and Argentina (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 Other Educational Services were Nuevo León (1.57), Querétaro (1.44), and Yucatán (1.43). 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 Other Educational Services according to Relatedness were Colima (0.55), Tamaulipas (0.5), and Durango (0.47). 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).