Industry Group (5224)
2024-Q2: $1.4T MX, Gross Domestic Product
DENUE May 2024: 16,646, Economic units
Jan-Jun 2024: US$87.5M, Foreign Direct Investment
2015-Q4 : $2.99k MX, Average Monthly Salary
2015-Q4 : 532, Workforce
2015-Q4 : 100%, Female Workforce
2015-Q4: 32.6, Average Age
In the second quarter of 2024 the gross domestic product was $1.4T MX, 3.89% more than the previous quarter.
According DENUE 2024, Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation registered 16,646 economic units. The states with the highest number of economic units were Estado de México (1,476), Veracruz de Ignacio de la Llave (1,272), and Nuevo León (1,121).
According to data from the Economic Census 2019, total gross production was $159B MX. The states with the highest total gross production were Ciudad de México ($77B MX) and Nuevo León ($16.3B MX).
For its part, total income reached $313B MX in 2019, being the states with the highest income Ciudad de México ($217B MX) and Nuevo León ($27.8B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation the states with the highest affinity were Chihuahua (0.77), Sonora (0.76), Nuevo León (0.73), Coahuila de Zaragoza (0.73), and Baja California (0.7).
During the fourth quarter of 2015 in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation the workforce was 532 people, 0% men and 100% women. In addition, the average monthly salary informed was $2.99k MX.
During the same period, occupations with the highest number of workers in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation were Stenographers, Typists and the Like and Aids in Management, Marketing, Sales and Foreign Trade.
At the state level, the occupied population of Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation was concentrated in List Veracruz de Ignacio de la Llave.
The average age of workers in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation in the fourth quarter of 2015 was 32.6 years. In the same period, the average schooling of the workforce of Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation, was 14 years.
Average Monthly Salary 2015-Q4: $2.99k MX
Working population 2015-Q4: 532
In the fourth quarter of 2015, the workforce in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation it was of 532 people, 0% men with a reported average monthly salary of $0 MX and 100% women with a salary of $2.99k MX.
Of the total employed population, 100% of the total workforce were formal workers with an average monthly salary of $2.99k MX, while he 0% corresponds to informal workers with an average salary of $0 MX.
In the fourth quarter of 2015 the occupations with the highest number of workers were Stenographers, Typists and the Like and Aids in Management, Marketing, Sales and Foreign Trade.
At the state level, the workforce of Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation was concentrated on Veracruz de Ignacio de la Llave.
Gross 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.
According to data from the Economic Census 2019, 13,435 economic units were totaled in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation, highlighting Estado de México (1,120), Veracruz de Ignacio de la Llave (944), and Nuevo León (862).
Total gross production was $159B MX. The states with the highest total gross production were Ciudad de México ($77B MX) and Nuevo León ($16.3B MX).
Total income reached $313B MX in 2019, being the states with the highest income Ciudad de México ($217B MX) and Nuevo León ($27.8B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
According to dato from Economic Census 2014, Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation had a total of 26,595 economic units and the municipalities with the highest number of economic units were Mérida (768), Guadalajara (729), and Monterrey (687)
Total income eached $304B MX and the municipalities with the highest income were Benito Juárez ($120B MX), Álvaro Obregón ($31.5B MX), and Miguel Hidalgo ($27.1B MX).
Total expenditures were $231B MX and the municipalities with the highest expenditures were Benito Juárez ($98.4B MX), Miguel Hidalgo ($25.2B MX), and Álvaro Obregón ($21.2B MX).
On the other hand, in 2014 there were 178722 employees dependent on economic units and the municipalities with the highest number of employees were Álvaro Obregón (28.7k), Miguel Hidalgo (17.6k), and Cuauhtémoc (16.2k).
* 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 Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation according to the number of employees.
According to DENUE data published in May 2024, 14,391 companies with 0 to 10 employees were registered (216 companies more than the previous period). In the same period, 2,057 companies with 11 to 50 employees were registered (83 companies less than the previous period).
121 companies with 51 to 100 employees were registered in 2024 (22 companies less than the previous period). Likewise, 77 companies with more than 101 employees were registered (15 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation was US$87.5M, distributed in inter-company debts (US$54.1M), reinvestment of earnings (Confidential), and equity Capital (Confidential).
Since January 1999 to June 2024, the accumulated amount of FDI in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation was US$2.46B, distributed in equity Capital (US$1.23B), reinvestment of earnings (US$841M), and inter-company debts (US$390M).
* 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$1.18B, 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$1.18B), Jalisco (US$422M), and Nuevo León (US$173M).
* 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$1.46B
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 Germany (Confidential), Brazil (Confidential), and United States (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation were Nuevo León (1.85), Sinaloa (1.85), and Sonora (1.75). 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 Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation according to Relatedness were Querétaro (0.61), Colima (0.59), and Aguascalientes (0.54). 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 2015-Q4: 32.6
Average Years of Schooling 2015-Q4: 14
The visualization shows the workforce of Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation by age group and years of schooling, comparing men and women.
In the fourth quarter of 2015 in Other Institutions of Credit Intermediation and Non-Stock Exchange Financial Intermediation the average age for women was 32.6 years and the average schooling was 14 years.
* The visualization omits the range of schooling "Not Specified".