Subsector (532)
2024-Q2: $2.8T MX, Gross Domestic Product
DENUE May 2024: 26,046, Economic units
Jan-Jun 2024: US$18.2M, Foreign Direct Investment
2024-Q2 : $6.79k MX, Average Monthly Salary
2024-Q2 : 288k, Workforce
2024-Q2 : 21.6%, Female Workforce
2024-Q2: 37.2, Average Age
In the second quarter of 2024 the gross domestic product was $2.8T MX, 0.95% more than the previous quarter.
According DENUE 2024, Rental and Leasing Services registered 26,046 economic units. The states with the highest number of economic units were Estado de México (2,895), Puebla (1,761), and Ciudad de México (1,734).
According to data from the Economic Census 2019, total gross production was $40.3B MX. The states with the highest total gross production were Ciudad de México ($13.8B MX) and Estado de México ($7.09B MX).
For its part, total income reached $41.4B MX in 2019, being the states with the highest income Ciudad de México ($14.3B MX) and Estado de México ($7.23B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Rental and Leasing Services the states with the highest affinity were Sonora (0.8), Chihuahua (0.75), Coahuila de Zaragoza (0.71), Nuevo León (0.69), and Colima (0.69).
During the second quarter of 2024 in Rental and Leasing Services the workforce was 288k people, 78.4% men and 21.6% women. In addition, the average monthly salary informed was $6.79k MX.
During the same period, occupations with the highest number of workers in Rental and Leasing Services were Workers in Renting Movables (Crockery, Movies, Video Games, Etc.), Technical Aids and Audio Engineering, Sound and Lighting, and Chargers.
At the state level, the occupied population of Rental and Leasing Services was concentrated in List Estado de México,Puebla,Ciudad de México.
The average age of workers in Rental and Leasing Services in the second quarter of 2024 was 37.2 years. In the same period, the average schooling of the workforce of Rental and Leasing Services, was 11.2 years.
Average Monthly Salary 2024-Q2: $6.79k MX
Working population 2024-Q2: 288k
In the second quarter of 2024, the workforce in Rental and Leasing Services it was of 288k people, 78.4% men with a reported average monthly salary of $6.97k MX and 21.6% women with a salary of $6.14k MX.
Of the total employed population, 37.5% of the total workforce were formal workers with an average monthly salary of $10.4k MX, while he 62.5% corresponds to informal workers with an average salary of $4.65k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Workers in Renting Movables (Crockery, Movies, Video Games, Etc.), Technical Aids and Audio Engineering, Sound and Lighting, and Chargers.
At the state level, the workforce of Rental and Leasing Services was concentrated on Estado de México, Puebla, and Ciudad de México.
Gross domestic product 2024-Q2: $2.8T MX
Gross Domestic Product 2023: $2.72T MX
* Data displayed corresponds to the sector Real Estate and Rental and Leasing since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Real Estate and Rental and Leasing recorded a gross domestic product of $2.8T MX, evidencing an increase of 0.95% compared to the previous quarter and an increase of 4.67% 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, 24,917 economic units were totaled in Rental and Leasing Services, highlighting Estado de México (2,807), Ciudad de México (1,689), and Puebla (1,661).
Total gross production was $40.3B MX. The states with the highest total gross production were Ciudad de México ($13.8B MX) and Estado de México ($7.09B MX).
Total income reached $41.4B MX in 2019, being the states with the highest income Ciudad de México ($14.3B MX) and Estado de México ($7.23B 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, Rental and Leasing Services had a total of 57,237 economic units and the municipalities with the highest number of economic units were León (1.43k), Mérida (1.35k), and Guadalajara (1.2k)
Total income eached $83.8B MX and the municipalities with the highest income were Cuautlancingo ($9.01B MX), Miguel Hidalgo ($6.48B MX), and Centro ($6.37B MX).
Total expenditures were $57.5B MX and the municipalities with the highest expenditures were Cuautlancingo ($10.1B MX), Miguel Hidalgo ($4.68B MX), and Centro ($4.58B MX).
On the other hand, in 2014 there were 180984 employees dependent on economic units and the municipalities with the highest number of employees were Centro (5.72k), Tlalnepantla de Baz (5.67k), and Guadalajara (5.39k).
* 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 Rental and Leasing Services according to the number of employees.
According to DENUE data published in May 2024, 24,537 companies with 0 to 10 employees were registered (103 companies more than the previous period). In the same period, 1,356 companies with 11 to 50 employees were registered (109 companies less than the previous period).
95 companies with 51 to 100 employees were registered in 2024 (3 companies less than the previous period). Likewise, 58 companies with more than 101 employees were registered (6 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Rental and Leasing Services was US$18.2M, distributed in reinvestment of earnings (US$21.2M), equity Capital (US$0), and inter-company debts (-US$2.94M).
Since January 1999 to June 2024, the accumulated amount of FDI in Rental and Leasing Services was US$2.45B, distributed in inter-company debts (US$1.88B), equity Capital (US$312M), and reinvestment of earnings (US$263M).
* 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$2.3B, 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$2.3B), Chihuahua (US$51.5M), and Nuevo León (US$34.3M).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: Canada, US$1.37B
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 Canada (Confidential), United States (US$7.18M), and Japan (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Rental and Leasing Services were Quintana Roo (2.01), Nuevo León (1.49), and Sinaloa (1.47). 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 Rental and Leasing Services according to Relatedness were Chihuahua (0.75), Tamaulipas (0.59), and Durango (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).
Average Age 2024-Q2: 37.2
Average Years of Schooling 2024-Q2: 11.2
The visualization shows the workforce of Rental and Leasing Services by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Rental and Leasing Services the average age for women was 36 years and the average schooling was 12.3 years.
The average age of men in the Rental and Leasing Services workforce was 37.6 years, while the average schooling was 10.9 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".
The visualization shows the percentage distribution of employed staff according to age range or educational level in economic units of different ages.
According to data from the Economic Census 2019, the economic units of the Rental and Leasing Services subsector had 107,377 people employed, by age range 5,866 people up to 20 years old were registered, 37,154 people from 21 to 30 years old, 36,252 people from 31 to 40 years old and 28,105 people over 40 years old.
By educational level 1,865 people without education were registered, 42,839 people with basic education, 40,387 people with upper secondary education and 22,286 people with higher education.
The visualization shows the percentage distribution of staff turnover and permanence in companies of different sizes and ages, according to the option selected in the upper button.
According to data from the Economic Census 2019, employee turnover is 12.1% in companies with up to 10 people, 19.7% in companies with 11 to 50 people, 24.3% in companies with 51 to 250 people, and 34.4% in companies with 251 and more people.
According to data from the Economic Census 2019, the staff distribution who received training according to age range was 16.4% of staff with up to 20 years, 16.8% of staff between 21 and 30 years, 16.3% of staff between 31 and 40 years, and 13.9% of staff with 41 years or more.
According to the level of instruction, the distribution of trained staff was 16.1% of staff without intruction, 13.4% of staff with basic education, 16.3% of staff with upper secondary education, and 19.7% of staff with higher education.
According to data from the Economic Census 2019, the distribution of economic units according to size that had access to financing was 11.8% units with up to 10 people, 33.3% units with 11 to 50 people, 49.6% units with 51 to 250 people, and 47.6% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 12.2% of the recently created (up to 2 years) units, 12.7% of the youth (3 to 5 years) units, 11.4% of the adults (6 to 10 years) units, and 15.4% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Colima (23.5%), Quintana Roo (23%), Baja California Sur (21.9%), Michoacán de Ocampo (17.1%), and Jalisco (16.7%).
The visualization shows the percentage of economic units according to size or age according to the sources of financing or the uses they gave to the financing received.
In the chart, each level corresponds to a size or age of the company depending on the option selected in the upper button. The darker the box, the higher the percentage of economic units that are in that category.
According to data from the Economic Census 2019, the distribution of economic units that had a bank account was 21.8% units with up to 10 people, 85.6% units with 11 to 50 people, 94.7% units with 51 to 250 people, and 100% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were Baja California Sur (69.7%), Quintana Roo (64.1%), Nuevo León (46.7%), Campeche (42.9%), and Baja California (42.2%).
The same information can be viewed for the economic units that had bank credit by changing the option selected in the upper button.
The visualization shows the percentage of economic units classified by size according to reasons for not having a bank account or credit.
In the chart, each level corresponds to a company size, the darker the box, the greater the percentage of economic units that are in that category. The categories represent the reasons why the companies did not have a bank account or credit, depending on the option selected in the upper button.
The visualization shows the percentage distribution of the economic units in the Rental and Leasing Services subsector that had internet services.
According to data from the Economic Census 2019, the states with the highest percentage of economic units that had internet services were Baja California Sur (67.7%), Quintana Roo (63.1%), Campeche (45.8%), Nuevo León (42.8%), and Baja California (40.5%).
The visualization shows the distribution of companies that had internet services or computer services according to the size or age of the economic units, depending on the options selected in the upper buttons.
According to data from the Economic Census 2019, the Rental and Leasing Services subsector had 26% of economic units that had internet services and 29.4% of economic units that had computer services. The disaggregation by size or age of the units can be analyzed in the visualization.
The visualization shows where the economic units are concentrated depending on the use they make of the internet, according to the size or age of the company.
According to the size of the company, the economic units of 251 and more people that use the internet in business management (100%) stand out in percentage terms.
According to the age of the company, youth (3 to 5 years) economic units that use the internet for search information for goods or services (85.1%) stand out.
The visualization shows the distribution of purchases and sales over the Internet and the distribution of monetary transactions according to the medium used in the transaction and the size of the companies.
According to data from the 2019 Economic Census, internet sales reached $12.9B MX and purchases were $8.15B MX. On the other hand, sales made in monetary transactions were $61.4B MX and purchases reached $31B MX.
The chart shows the main problems faced by economic units. With the upper selector it is possible to analyze the problems affecting companies according to their size. By default, the problems of economic units with up to 10 people are shown.
According to data from the Economic Census 2019, the main problems faced by the economic units of Rental and Leasing Services with up to 10 workers are public insecurity (22.4%), another problems (20.2%), high taxes (14.1%), and unfair competition problems (8.33%).
According to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 46.1% units with up to 10 people, 90.8% units with 11 to 50 people, 91.7% units with 51 to 250 people, and 100% units with 251 and more people.
The states with the highest percentage of economic units that had an accounting system were Baja California Sur (78.1%), Quintana Roo (77.5%), Campeche (65.8%), Chihuahua (64%), and Baja California (63.4%).
The chart shows the percentage of companies by size that used different mechanisms to control expenses and income in their operations.
According to data from the Economic Census 2019, the main expenses and income control mechanisms were accounting system developed by third parties (46.9%) in companies with up to 10 people, internally developed accounting system (35.6%) in companies with 11 to 50 people, internally developed accounting system (59.8%) in companies with 51 to 250 people, and internally developed accounting system (85.7%) in companies with 251 and more people.
The visualization shows the percentage distribution of the economic units in the Rental and Leasing Services subsector according to the amount of income from the supply of goods and services.
According to data from the Economic Census 2019, the states with the highest income from the supply of goods and services were list Ciudad de México ($13.8B MX),Estado de México ($7.08B MX),Nuevo León ($5.51B MX),Baja California ($2.1B MX),Coahuila de Zaragoza ($1.65B MX).
With the upper selector it is possible to see the distribution of expenses for consumption of goods and services, in addition to the amounts of purchases or sales over the internet.
The visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of Rental and Leasing Services with innovation activities in at least one year between 2016 and 2018.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units with innovation activities in 2016, 2017 or 2018 were Campeche (13.9%), Estado de México (11.3%), Tabasco (10.3%), Chiapas (10%), and Nuevo León (7.56%).
According to data from the Economic Census 2019, 3.76% of the large economic units of the private and parastatal sector of Rental and Leasing Services had innovation activities in 2018.
Of the total staff employed in large economic units, 4.93% was employed in product innovation activities, 4.97% in process innovation, 1.86% in market innovation, 1.54% in organizational innovation, and 1.16% in innovation for technological adaptation and documentation.
The visualization shows the distribution of large economic units of the private and parastatal sector of Rental and Leasing Services that employed qualified staff in technological research and development activities in 2016, 2017 and 2018.
According to data from the Economic Census 2019, the lowercase Rental and Leasing Services Subsector had 56 economic units that had qualified staff in technological research and development activities, 2 economic units had it for research and technological development in the field of Biotechnology and 1 economic units for research and technological development in Nanotechnology.
In the same year, 5 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 4 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.