Other Telecommunications
Industry Group (5179)
2024-Q2: $458B MX, Gross Domestic Product
Jan-Jun 2024: US$0, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $458B MX, 6.25% more than the previous quarter.
According to data from the Economic Census 2019, total gross production was $10.9B MX. The states with the highest total gross production were Ciudad de México ($3.41B MX) and Nuevo León ($1.96B MX).
For its part, total income reached $11B MX in 2019, being the states with the highest income Ciudad de México ($3.5B MX) and Nuevo León ($1.98B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Telecommunications the states with the highest affinity were Chihuahua (0.68), Coahuila de Zaragoza (0.68), Nuevo León (0.67), Sonora (0.65), and Querétaro (0.62).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $458B MX
Gross Domestic Product 2023: $439B MX
* Data displayed corresponds to the sector Information since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Information recorded a gross domestic product of $458B MX, evidencing an increase of 6.25% compared to the previous quarter and a drop of 4.22% 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, 3,275 economic units were totaled in Other Telecommunications, highlighting Estado de México (378), Veracruz de Ignacio de la Llave (238), and Ciudad de México (231).
Total gross production was $10.9B MX. The states with the highest total gross production were Ciudad de México ($3.41B MX) and Nuevo León ($1.96B MX).
Total income reached $11B MX in 2019, being the states with the highest income Ciudad de México ($3.5B MX) and Nuevo León ($1.98B 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 Telecommunications had a total of 5,733 economic units and the municipalities with the highest number of economic units were León (237), Ecatepec de Morelos (225), and Iztapalapa (198)
Total income eached $37.5B MX and the municipalities with the highest income were San Pedro Garza García ($17.9B MX), Miguel Hidalgo ($4.74B MX), and Benito Juárez ($2.09B MX).
Total expenditures were $24.3B MX and the municipalities with the highest expenditures were San Pedro Garza García ($10.7B MX), Miguel Hidalgo ($3.65B MX), and Benito Juárez ($1.36B MX).
On the other hand, in 2014 there were 25776 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (2.15k), Miguel Hidalgo (1.91k), and Monterrey (1.45k).
* 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 Telecommunications according to the number of employees.
According to DENUE data published in May 2024, 0 companies with 0 to 10 employees were registered (equal number of companies as the previous period). In the same period, 0 companies with 11 to 50 employees were registered (equal number of companies as the previous period).
0 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 0 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$2.74M, FDI Jan-1999 to Jun-2024
In the period january to june 2024, no FDI was registered in Other Telecommunications.
Since January 1999 to June 2024, the accumulated amount of FDI in Other Telecommunications was US$2.74M, distributed in equity Capital (US$330M), reinvestment of earnings (US$49.6M), and inter-company debts (-US$377M).
* 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$67.3M, 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$67.3M), Jalisco (US$13.3M), and Durango (US$6.29M).
* 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: Finland, US$41.8M
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 Finland (Confidential), Germany (Confidential), and United States (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Other Telecommunications according to Relatedness were Chihuahua (0.68), Sonora (0.65), and Baja California (0.61). 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).