Industry Group (4641)
2024-Q2: $3.43T MX, Gross Domestic Product
DENUE May 2024: 103,671, Economic units
Jan-Jun 2024: US$7.72M, Foreign Direct Investment
2024-Q2 : $5.4k MX, Average Monthly Salary
2024-Q2 : 825k, Workforce
2024-Q2 : 70.4%, Female Workforce
2024-Q2: 37.4, Average Age
In the second quarter of 2024 the gross domestic product was $3.43T MX, 6.92% more than the previous quarter.
According DENUE 2024, Retail Trade of Health Care Items registered 103,671 economic units. The states with the highest number of economic units were Estado de México (17,120), Ciudad de México (11,826), and Jalisco (7,552).
According to data from the Economic Census 2019, total gross production was $91.6B MX. The states with the highest total gross production were Ciudad de México ($16.1B MX) and Estado de México ($10.3B MX).
For its part, total income reached $283B MX in 2019, being the states with the highest income Ciudad de México ($45.6B MX) and Estado de México ($28B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Health Care Items the states with the highest affinity were Nuevo León (0.74), Querétaro (0.72), Chihuahua (0.69), Jalisco (0.66), and Baja California (0.65).
During the second quarter of 2024 in Retail Trade of Health Care Items the workforce was 825k people, 29.6% men and 70.4% women. In addition, the average monthly salary informed was $5.4k MX.
During the same period, occupations with the highest number of workers in Retail Trade of Health Care Items were Sales Employees, Dispatchers and Dependent on Trade, Traders in Stores, and Cashiers, Tellers and Recipients Betting.
At the state level, the occupied population of Retail Trade of Health Care Items was concentrated in List Estado de México,Jalisco,Ciudad de México.
The average age of workers in Retail Trade of Health Care Items in the second quarter of 2024 was 37.4 years. In the same period, the average schooling of the workforce of Retail Trade of Health Care Items, was 12.1 years.
Average Monthly Salary 2024-Q2: $5.4k MX
Working population 2024-Q2: 825k
In the second quarter of 2024, the workforce in Retail Trade of Health Care Items it was of 825k people, 29.6% men with a reported average monthly salary of $6.2k MX and 70.4% women with a salary of $5.06k MX.
Of the total employed population, 66.2% of the total workforce were formal workers with an average monthly salary of $5.98k MX, while he 33.8% corresponds to informal workers with an average salary of $4.25k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Sales Employees, Dispatchers and Dependent on Trade, Traders in Stores, and Cashiers, Tellers and Recipients Betting.
At the state level, the workforce of Retail Trade of Health Care Items was concentrated on Estado de México, Jalisco, and Ciudad de México.
Gross domestic product 2024-Q2: $3.43T MX
Gross Domestic Product 2023: $3.17T MX
* Data displayed corresponds to the sector Retail Trade since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Retail Trade recorded a gross domestic product of $3.43T MX, evidencing an increase of 6.92% compared to the previous quarter and an increase of 7.32% 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, 93,606 economic units were totaled in Retail Trade of Health Care Items, highlighting Estado de México (15,783), Ciudad de México (11,107), and Jalisco (6,929).
Total gross production was $91.6B MX. The states with the highest total gross production were Ciudad de México ($16.1B MX) and Estado de México ($10.3B MX).
Total income reached $283B MX in 2019, being the states with the highest income Ciudad de México ($45.6B MX) and Estado de México ($28B 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, Retail Trade of Health Care Items had a total of 236,271 economic units and the municipalities with the highest number of economic units were Guadalajara (6.31k), Iztapalapa (6.07k), and Ecatepec de Morelos (5.2k)
Total income eached $508B MX and the municipalities with the highest income were Cuauhtémoc ($19.6B MX), Guadalajara ($19.3B MX), and Zapopan ($15B MX).
Total expenditures were $420B MX and the municipalities with the highest expenditures were Cuauhtémoc ($18.2B MX), Guadalajara ($16B MX), and Zapopan ($13.2B MX).
On the other hand, in 2014 there were 665271 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (21.4k), Cuauhtémoc (18.7k), and Iztapalapa (12.7k).
* 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 Retail Trade of Health Care Items according to the number of employees.
According to DENUE data published in May 2024, 96,993 companies with 0 to 10 employees were registered (1,539 companies more than the previous period). In the same period, 6,479 companies with 11 to 50 employees were registered (249 companies more than the previous period).
128 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 71 companies with more than 101 employees were registered (4 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Retail Trade of Health Care Items was US$7.72M, distributed in inter-company debts (Confidential), reinvestment of earnings (Confidential), and equity Capital (Confidential).
Since January 1999 to June 2024, the accumulated amount of FDI in Retail Trade of Health Care Items was US$14.3M, distributed in reinvestment of earnings (US$8.36M), inter-company debts (US$7.52M), and equity Capital (-US$1.57M).
* 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$10M, 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$10M), Tamaulipas (Confidential), and Estado de México (US$4.16M).
* 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$8.26M
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) and United States (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Retail Trade of Health Care Items were Ciudad de México (1.34), Estado de México (1.32), and Hidalgo (1.14). 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 Retail Trade of Health Care Items according to Relatedness were Nuevo León (0.74), Coahuila de Zaragoza (0.61), and Aguascalientes (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: 37.4
Average Years of Schooling 2024-Q2: 12.1
The visualization shows the workforce of Retail Trade of Health Care Items by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Retail Trade of Health Care Items the average age for women was 37.9 years and the average schooling was 11.9 years.
The average age of men in the Retail Trade of Health Care Items workforce was 36.2 years, while the average schooling was 12.5 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".