Satellite Telecommunications
Industry Group (5174)
2024-Q2: $458B MX, Gross Domestic Product
Jan-Sep 2024: -US$27.8M, 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 $1.24B MX. The states with the highest total gross production were Ciudad de México ($1.07B MX) and Nuevo León ($52M MX).
For its part, total income reached $1.25B MX in 2019, being the states with the highest income Ciudad de México ($1.08B MX) and Nuevo León ($52M MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Satellite Telecommunications the states with the highest affinity were Nuevo León (0.73), Chihuahua (0.69), Querétaro (0.67), Baja California (0.66), and Coahuila de Zaragoza (0.64).
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, 86 economic units were totaled in Satellite Telecommunications, highlighting Ciudad de México (19), Estado de México (11), and Jalisco (9).
Total gross production was $1.24B MX. The states with the highest total gross production were Ciudad de México ($1.07B MX) and Nuevo León ($52M MX).
Total income reached $1.25B MX in 2019, being the states with the highest income Ciudad de México ($1.08B MX) and Nuevo León ($52M 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, Satellite Telecommunications had a total of 9 economic units and the municipalities with the highest number of economic units were Tlalpan (9)
Total income eached $1.42B MX and the municipalities with the highest income were Tlalpan ($1.42B MX).
Total expenditures were $1.02B MX and the municipalities with the highest expenditures were Tlalpan ($1.02B MX).
On the other hand, in 2014 there were 213 employees dependent on economic units and the municipalities with the highest number of employees were Tlalpan (213).
* 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 Satellite Telecommunications according to the number of employees.
According to DENUE data published in November 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$27.8M, FDI Jan-Sep 2024
- US$604M, FDI Jan-1999 to Sep-2024
In the period January to September 2024, FDI from Satellite Telecommunications was -US$27.8M, distributed in reinvestment of earnings (Confidential), equity Capital (US$0), and inter-company debts (-US$50.3M).
Since January 1999 to September 2024, the accumulated amount of FDI in Satellite Telecommunications was US$604M, distributed in equity Capital (US$683M), reinvestment of earnings (US$373M), and inter-company debts (-US$451M).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Sep 2024: US$0
Period Jan-1999 to Sep-2024: US$135M, Sonora is the main receiving state
No FDI is recorded in the period January to September, 2024
Historically (from January 1999 to September2024) the states that have received the highest FDI are Sonora (US$135M), Querétaro (US$101M), and Mexico City (US$26.4M).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Sep 2024: ---, US$0
Main investing country between Jan-1999 and Sep-2024: United States, US$442M
No FDI is recorded in the period January to September of 2024.
Historically (from January 1999 to September de 2024) the countries that contributed the most to FDI were United States (Confidential) and Sweden (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Satellite Telecommunications according to Relatedness were Coahuila de Zaragoza (0.64), Sonora (0.63), and Aguascalientes (0.56). 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).