Industry Group (2211)
2024-Q2: $686B MX, Gross Domestic Product
DENUE May 2024: 2,440, Economic units
Jan-Jun 2024: US$90.2M, Foreign Direct Investment
2024-Q2 : $12.9k MX, Average Monthly Salary
2024-Q2 : 164k, Workforce
2024-Q2 : 18.3%, Female Workforce
2024-Q2: 41.1, Average Age
In the second quarter of 2024 the gross domestic product was $686B MX, 10% more than the previous quarter.
According DENUE 2024, Electric Power Generation, Transmission and Distribution registered 2,440 economic units. The states with the highest number of economic units were Ciudad de México (266), Estado de México (187), and Veracruz de Ignacio de la Llave (163).
According to data from the Economic Census 2019, total gross production was $519B MX. The states with the highest total gross production were Ciudad de México ($301B MX) and Nuevo León ($78B MX).
For its part, total income reached $730B MX in 2019, being the states with the highest income Ciudad de México ($497B MX) and Nuevo León ($78.4B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Electric Power Generation, Transmission and Distribution the states with the highest affinity were Chihuahua (0.75), Sonora (0.74), Coahuila de Zaragoza (0.72), Nuevo León (0.7), and Baja California (0.67).
During the second quarter of 2024 in Electric Power Generation, Transmission and Distribution the workforce was 164k people, 81.7% men and 18.3% women. In addition, the average monthly salary informed was $12.9k MX.
During the same period, occupations with the highest number of workers in Electric Power Generation, Transmission and Distribution were Electricians and Linemen, Support Workers in Various Administrative Activities, and Secretarias.
At the state level, the occupied population of Electric Power Generation, Transmission and Distribution was concentrated in List Veracruz de Ignacio de la Llave,Ciudad de México,Nuevo León.
The average age of workers in Electric Power Generation, Transmission and Distribution in the second quarter of 2024 was 41.1 years. In the same period, the average schooling of the workforce of Electric Power Generation, Transmission and Distribution, was 14.6 years.
Average Monthly Salary 2024-Q2: $12.9k MX
Working population 2024-Q2: 164k
In the second quarter of 2024, the workforce in Electric Power Generation, Transmission and Distribution it was of 164k people, 81.7% men with a reported average monthly salary of $13.2k MX and 18.3% women with a salary of $11.7k MX.
Of the total employed population, 97.9% of the total workforce were formal workers with an average monthly salary of $13.1k MX, while he 2.06% corresponds to informal workers with an average salary of $3.48k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Electricians and Linemen, Support Workers in Various Administrative Activities, and Secretarias.
At the state level, the workforce of Electric Power Generation, Transmission and Distribution was concentrated on Veracruz de Ignacio de la Llave, Ciudad de México, and Nuevo León.
Gross domestic product 2024-Q2: $686B MX
Gross Domestic Product 2023: $651B MX
* Data displayed corresponds to the sector Generation, Transmission, Distribution and Commercialization of Electric Power, Water and Natural Gas Supply by Pipelines to the Final Consumer since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Generation, Transmission, Distribution and Commercialization of Electric Power, Water and Natural Gas Supply by Pipelines to the Final Consumer recorded a gross domestic product of $686B MX, evidencing an increase of 10% compared to the previous quarter and an increase of 6.65% 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, 123 economic units were totaled in Electric Power Generation, Transmission and Distribution, highlighting Ciudad de México (50), Nuevo León (12), and Oaxaca (8).
Total gross production was $519B MX. The states with the highest total gross production were Ciudad de México ($301B MX) and Nuevo León ($78B MX).
Total income reached $730B MX in 2019, being the states with the highest income Ciudad de México ($497B MX) and Nuevo León ($78.4B 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, Electric Power Generation, Transmission and Distribution had a total of 33 economic units and the municipalities with the highest number of economic units were Cuauhtémoc (24) and Miguel Hidalgo (9)
Total income eached $1.07T MX and the municipalities with the highest income were Cuauhtémoc ($1.03T MX) and Miguel Hidalgo ($42B MX).
Total expenditures were $599B MX and the municipalities with the highest expenditures were Cuauhtémoc ($564B MX) and Miguel Hidalgo ($34.9B MX).
On the other hand, in 2014 there were 286782 employees dependent on economic units and the municipalities with the highest number of employees were Cuauhtémoc (287k) and Miguel Hidalgo (0).
* 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 Electric Power Generation, Transmission and Distribution according to the number of employees.
According to DENUE data published in May 2024, 1,474 companies with 0 to 10 employees were registered (412 companies less than the previous period). In the same period, 617 companies with 11 to 50 employees were registered (232 companies more than the previous period).
161 companies with 51 to 100 employees were registered in 2024 (93 companies more than the previous period). Likewise, 188 companies with more than 101 employees were registered (106 companies more than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Electric Power Generation, Transmission and Distribution was US$90.2M, distributed in reinvestment of earnings (US$110M), inter-company debts (-US$1.88M), and equity Capital (Confidential).
Since January 1999 to June 2024, the accumulated amount of FDI in Electric Power Generation, Transmission and Distribution was US$15.5B, distributed in inter-company debts (US$7.78B), equity Capital (US$6.16B), and reinvestment of earnings (US$1.59B).
* 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$2.9B, Coahuila de Zaragoza 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 Coahuila de Zaragoza (US$2.9B), Tamaulipas (US$1.48B), and Oaxaca (US$1.47B).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: Canada, US$4.33B
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$61M), Canada (Confidential), and Japan (Confidential).
* Information download does not contain confidential data.
The states with the highest degree of development opportunity in Electric Power Generation, Transmission and Distribution according to Relatedness were Baja California (0.67), Querétaro (0.61), and Jalisco (0.51). 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: 41.1
Average Years of Schooling 2024-Q2: 14.6
The visualization shows the workforce of Electric Power Generation, Transmission and Distribution by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Electric Power Generation, Transmission and Distribution the average age for women was 40 years and the average schooling was 14.4 years.
The average age of men in the Electric Power Generation, Transmission and Distribution workforce was 41.4 years, while the average schooling was 14.6 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".