Subsector (238)
2024-Q4: $2.32T MX, Gross Domestic Product
DENUE November 2024: 7,352, Economic units
Jan-Dec 2024: US$25.9M, Foreign Direct Investment
2024-Q3 : $7.4k MX, Average Monthly Salary
2024-Q3 : 5.31M, Workforce
2024-Q3 : 2.24%, Female Workforce
2024-Q3: 40.3, Average Age
In the fourth quarter of 2024 the gross domestic product was $2.32T MX, 0.16% less than the previous quarter.
According DENUE 2024, Specialized Works for Construction registered 7,352 economic units. The states with the highest number of economic units were Estado de México (755), Ciudad de México (751), and Nuevo León (534).
According to data from the Economic Census 2019, total gross production was $70.7B MX. The states with the highest total gross production were Ciudad de México ($17.5B MX) and Nuevo León ($8.1B MX).
For its part, total income reached $73.9B MX in 2019, being the states with the highest income Ciudad de México ($19B MX) and Nuevo León ($8.46B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Specialized Works for Construction the states with the highest affinity were Sonora (0.83), Chihuahua (0.79), Nuevo León (0.75), Coahuila de Zaragoza (0.74), and Baja California (0.72).
During the third quarter of 2024 in Specialized Works for Construction the workforce was 5.31M people, 97.8% men and 2.24% women. In addition, the average monthly salary informed was $7.4k MX.
During the same period, occupations with the highest number of workers in Specialized Works for Construction were Support Workers in Construction, Bricklayers, Stonemasons and Related, and Electricians and Linemen.
At the state level, the occupied population of Specialized Works for Construction was concentrated in List Estado de México,Puebla,Veracruz de Ignacio de la Llave.
The average age of workers in Specialized Works for Construction in the third quarter of 2024 was 40.3 years. In the same period, the average schooling of the workforce of Specialized Works for Construction, was 8.57 years.
Average Monthly Salary 2024-Q3: $7.4k MX
Working population 2024-Q3: 5.31M
In the third quarter of 2024, the workforce in Specialized Works for Construction it was of 5.31M people, 97.8% men with a reported average monthly salary of $7.4k MX and 2.24% women with a salary of $7.32k MX.
Of the total employed population, 9.76% of the total workforce were formal workers with an average monthly salary of $9.43k MX, while he 90.2% corresponds to informal workers with an average salary of $7.18k MX.
In the third quarter of 2024 the occupations with the highest number of workers were Support Workers in Construction, Bricklayers, Stonemasons and Related, and Electricians and Linemen.
At the state level, the workforce of Specialized Works for Construction was concentrated on Estado de México, Puebla, and Veracruz de Ignacio de la Llave.
Gross domestic product 2024-Q4: $2.32T MX
Gross Domestic Product 2024: $2.27T MX
* Data displayed corresponds to the sector Construction since the information at lower levels of disaggregation is not available.
In the fourth quarter of 2024, Construction recorded a gross domestic product of $2.32T MX, evidencing a drop of 0.16% compared to the previous quarter and a drop of 2.93% 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, 7,160 economic units were totaled in Specialized Works for Construction, highlighting Ciudad de México (996), Estado de México (767), and Jalisco (504).
Total gross production was $70.7B MX. The states with the highest total gross production were Ciudad de México ($17.5B MX) and Nuevo León ($8.1B MX).
Total income reached $73.9B MX in 2019, being the states with the highest income Ciudad de México ($19B MX) and Nuevo León ($8.46B 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, Specialized Works for Construction had a total of 15,753 economic units and the municipalities with the highest number of economic units were Monterrey (693), Guadalajara (507), and Puebla (465)
Total income eached $59.1B MX and the municipalities with the highest income were Hermosillo ($6.75B MX), Miguel Hidalgo ($3.13B MX), and Monterrey ($2.85B MX).
Total expenditures were $38.1B MX and the municipalities with the highest expenditures were Hermosillo ($4.92B MX), Miguel Hidalgo ($2.32B MX), and Monterrey ($1.64B MX).
On the other hand, in 2014 there were 158145 employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (11.4k), Hermosillo (6.95k), and Guadalajara (5.85k).
* 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 Specialized Works for Construction according to the number of employees.
According to DENUE data published in November 2024, 5,497 companies with 0 to 10 employees were registered (653 companies less than the previous period). In the same period, 1,490 companies with 11 to 50 employees were registered (152 companies less than the previous period).
201 companies with 51 to 100 employees were registered in 2024 (63 companies more than the previous period). Likewise, 164 companies with more than 101 employees were registered (18 companies more than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to December 2024, FDI from Specialized Works for Construction was US$25.9M, distributed in reinvestment of earnings (US$56.4M), equity Capital (US$518k), and inter-company debts (-US$31M).
Since January 1999 to December 2024, the accumulated amount of FDI in Specialized Works for Construction was US$859M, distributed in equity Capital (US$384M), inter-company debts (US$288M), and reinvestment of earnings (US$186M).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Dec 2024: US$0
Period Jan-1999 to Dec-2024: US$332M, Jalisco is the main receiving state
No FDI is recorded in the period January to December, 2024
Historically (from January 1999 to December2024) the states that have received the highest FDI are Jalisco (US$332M), Mexico City (US$269M), and Nuevo León (US$51.2M).
* Information download does not contain confidential data.
Periodo Jan-Dec 2024: ---, US$0
Main investing country between Jan-1999 and Dec-2024: United States, US$693M
No FDI is recorded in the period January to December of 2024.
Historically (from January 1999 to December de 2024) the countries that contributed the most to FDI were United States (US$24M), Spain (Confidential), and Germany (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Specialized Works for Construction were Nuevo León (2.16), Ciudad de México (1.51), and Jalisco (1). 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 Specialized Works for Construction according to Relatedness were Jalisco (0.53), Quintana Roo (0.47), and Zacatecas (0.46). 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-Q3: 40.3
Average Years of Schooling 2024-Q3: 8.57
The visualization shows the workforce of Specialized Works for Construction by age group and years of schooling, comparing men and women.
In the third quarter of 2024 in Specialized Works for Construction the average age for women was 39.7 years and the average schooling was 12.4 years.
The average age of men in the Specialized Works for Construction workforce was 40.4 years, while the average schooling was 8.48 years during third 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 Specialized Works for Construction subsector had 97,954 people employed, by age range 4,430 people up to 20 years old were registered, 31,029 people from 21 to 30 years old, 37,824 people from 31 to 40 years old and 24,671 people over 40 years old.
By educational level 2,518 people without education were registered, 37,501 people with basic education, 34,260 people with upper secondary education and 23,675 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 13.3% in companies with up to 10 people, 20.6% in companies with 11 to 50 people, 30.4% in companies with 51 to 250 people, and 31.8% 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 60.1% of staff with up to 20 years, 51.5% of staff between 21 and 30 years, 47.8% of staff between 31 and 40 years, and 45.8% of staff with 41 years or more.
According to the level of instruction, the distribution of trained staff was 59.9% of staff without intruction, 47.4% of staff with basic education, 51.2% of staff with upper secondary education, and 47.2% 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 11.1% units with up to 10 people, 36.9% units with 11 to 50 people, 53.9% units with 51 to 250 people, and 56.3% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 12.4% of the recently created (up to 2 years) units, 15.1% of the youth (3 to 5 years) units, 18.4% of the adults (6 to 10 years) units, and 21.3% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Sonora (26.9%), Colima (26.5%), Yucatán (23.8%), Nuevo León (22.1%), and San Luis Potosí (22%).
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 43.8% units with up to 10 people, 88% units with 11 to 50 people, 98% 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 Aguascalientes (79.1%), Baja California Sur (77.1%), Campeche (73.1%), Nayarit (72.2%), and Nuevo León (71.4%).
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 Specialized Works for Construction 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 Campeche (76.9%), Yucatán (75%), Aguascalientes (74.3%), Querétaro (69.9%), and Nuevo León (68.8%).
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 Specialized Works for Construction subsector had 55% of economic units that had internet services and 57.7% 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 banking and financial operations (97.6%) 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 (86.4%) 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 $14.7B MX and purchases were $10.5B MX. On the other hand, sales made in monetary transactions were $71.3B MX and purchases reached $41.3B 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 Specialized Works for Construction with up to 10 workers are another problems (17.5%), high taxes (16%), public insecurity (16%), and high costs of raw materials (11.9%).
According to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 63% units with up to 10 people, 87.2% units with 11 to 50 people, 99% 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 Yucatán (84.5%), Baja California Sur (83.1%), Nayarit (81.9%), San Luis Potosí (80%), and Campeche (78.8%).
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 external accounting system (58.9%) in companies with up to 10 people, external accounting system (56.5%) in companies with 11 to 50 people, internally developed accounting system (54.5%) in companies with 51 to 250 people, and internally developed accounting system (62.5%) in companies with 251 and more people.
The visualization shows the percentage distribution of the economic units in the Specialized Works for Construction 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 ($17.7B MX),Nuevo León ($8.25B MX),Jalisco ($7.88B MX),Estado de México ($3.85B MX),Sonora ($3.44B 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 Specialized Works for Construction 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 Baja California Sur (33.3%), Morelos (28.6%), Hidalgo (20%), San Luis Potosí (20%), and Puebla (17.9%).
According to data from the Economic Census 2019, 7.64% of the large economic units of the private and parastatal sector of Specialized Works for Construction had innovation activities in 2018.
Of the total staff employed in large economic units, 2.78% was employed in product innovation activities, 1.65% in process innovation, 0.67% in market innovation, 1.45% in organizational innovation, and 0.99% in innovation for technological adaptation and documentation.
The visualization shows the distribution of large economic units of the private and parastatal sector of Specialized Works for Construction 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 Specialized Works for Construction Subsector had 58 economic units that had qualified staff in technological research and development activities, 6 economic units had it for research and technological development in the field of Biotechnology and 2 economic units for research and technological development in Nanotechnology.
In the same year, 3 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 3 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.