Scientific Research and Development Services
Industry Group (5417)
2024-Q2: $680B MX, Gross Domestic Product
Jan-Jun 2024: US$57.7M, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $680B MX, 20.3% more than the previous quarter.
According to data from the Economic Census 2019, total gross production was $3.84B MX. The states with the highest total gross production were Ciudad de México ($1.46B MX) and Nuevo León ($406M MX).
For its part, total income reached $4.02B MX in 2019, being the states with the highest income Ciudad de México ($1.51B MX) and Nuevo León ($450M MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Scientific Research and Development Services the states with the highest affinity were Chihuahua (0.74), Nuevo León (0.74), Sonora (0.71), Coahuila de Zaragoza (0.7), and Baja California (0.68).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $680B MX
Gross Domestic Product 2023: $600B MX
* Data displayed corresponds to the sector Professional, Scientific, and Technical Services since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Professional, Scientific, and Technical Services recorded a gross domestic product of $680B MX, evidencing an increase of 20.3% compared to the previous quarter and an increase of 16.1% 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, 411 economic units were totaled in Scientific Research and Development Services, highlighting Ciudad de México (82), Jalisco (39), and Nuevo León (33).
Total gross production was $3.84B MX. The states with the highest total gross production were Ciudad de México ($1.46B MX) and Nuevo León ($406M MX).
Total income reached $4.02B MX in 2019, being the states with the highest income Ciudad de México ($1.51B MX) and Nuevo León ($450M 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, Scientific Research and Development Services had a total of 468 economic units and the municipalities with the highest number of economic units were Benito Juárez (63), Miguel Hidalgo (45), and Cuauhtémoc (42)
Total income eached $3.13B MX and the municipalities with the highest income were Benito Juárez ($1.28B MX), Cuauhtémoc ($582M MX), and Tehuacán ($156M MX).
Total expenditures were $1.77B MX and the municipalities with the highest expenditures were Benito Juárez ($782M MX), Cuauhtémoc ($284M MX), and Tehuacán ($134M MX).
On the other hand, in 2014 there were 6255 employees dependent on economic units and the municipalities with the highest number of employees were Benito Juárez (1.16k), Miguel Hidalgo (948), and Cuauhtémoc (759).
* 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 Scientific Research and Development Services 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$57.7M, FDI Jan-Jun 2024
- US$298M, FDI Jan-1999 to Jun-2024
In the period January to June 2024, FDI from Scientific Research and Development Services was US$57.7M, distributed in inter-company debts (US$36.1M), reinvestment of earnings (US$21.5M), and equity Capital (US$0).
Since January 1999 to June 2024, the accumulated amount of FDI in Scientific Research and Development Services was US$298M, distributed in reinvestment of earnings (US$129M), equity Capital (US$114M), and inter-company debts (US$54.7M).
* 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$215M, 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$215M), Aguascalientes (US$39.1M), and Sonora (US$22.4M).
* 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: United States, US$205M
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 United States (US$57.7M).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Scientific Research and Development Services according to Relatedness were Baja California (0.68), Colima (0.57), and Tamaulipas (0.5). 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).