Industry Group (3399)
2024-Q2: $6.58T MX, Gross Domestic Product
Jan-Jun 2024: US$46.6M, Foreign Direct Investment
2024-Q2 : $2.06k MX, Average Monthly Salary
2024-Q2 : 21.6k, Workforce
2024-Q2 : 31.3%, Female Workforce
2024-Q2: 37.1, Average Age
In the second quarter of 2024 the gross domestic product was $6.58T MX, 5.06% more than the previous quarter.
According to data from the Economic Census 2019, total gross production was $72.1B MX. The states with the highest total gross production were Estado de México ($22.7B MX) and Nuevo León ($11.9B MX).
For its part, total income reached $75.4B MX in 2019, being the states with the highest income Estado de México ($23.6B MX) and Nuevo León ($12.1B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Miscellaneous Manufacturing the states with the highest affinity were Oaxaca (0.56), Nayarit (0.52), Guerrero (0.48), Michoacán de Ocampo (0.47), and Puebla (0.46).
During the second quarter of 2024 in Other Miscellaneous Manufacturing the workforce was 21.6k people, 68.7% men and 31.3% women. In addition, the average monthly salary informed was $2.06k MX.
During the same period, occupations with the highest number of workers in Other Miscellaneous Manufacturing were Other Industrial Machinery Operators, Assemblers and Transport Drivers, not elsewhere Classified, Unspecified Occupations, and Other Operators of Stationary Industrial Installations and Machinery, not elsewhere Classified.
At the state level, the occupied population of Other Miscellaneous Manufacturing was concentrated in List San Luis Potosí,Estado de México,Sonora.
The average age of workers in Other Miscellaneous Manufacturing in the second quarter of 2024 was 37.1 years. In the same period, the average schooling of the workforce of Other Miscellaneous Manufacturing, was 16.6 years.
Average Monthly Salary 2024-Q2: $2.06k MX
Working population 2024-Q2: 21.6k
In the second quarter of 2024, the workforce in Other Miscellaneous Manufacturing it was of 21.6k people, 68.7% men with a reported average monthly salary of $1.04k MX and 31.3% women with a salary of $4.31k MX.
Of the total employed population, 93.7% of the total workforce were formal workers with an average monthly salary of $2.18k MX, while he 6.34% corresponds to informal workers with an average salary of $267 MX.
In the second quarter of 2024 the occupations with the highest number of workers were Other Industrial Machinery Operators, Assemblers and Transport Drivers, not elsewhere Classified, Unspecified Occupations, and Other Operators of Stationary Industrial Installations and Machinery, not elsewhere Classified.
At the state level, the workforce of Other Miscellaneous Manufacturing was concentrated on San Luis Potosí, Estado de México, and Sonora.
Gross domestic product 2024-Q2: $6.58T MX
Gross Domestic Product 2023: $6.37T MX
* Data displayed corresponds to the sector Manufacturing since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Manufacturing recorded a gross domestic product of $6.58T MX, evidencing an increase of 5.06% compared to the previous quarter and an increase of 2.27% 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, 18,244 economic units were totaled in Other Miscellaneous Manufacturing, highlighting Guerrero (3,141), Michoacán de Ocampo (2,383), and Puebla (1,877).
Total gross production was $72.1B MX. The states with the highest total gross production were Estado de México ($22.7B MX) and Nuevo León ($11.9B MX).
Total income reached $75.4B MX in 2019, being the states with the highest income Estado de México ($23.6B MX) and Nuevo León ($12.1B 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, Other Miscellaneous Manufacturing had a total of 38,904 economic units and the municipalities with the highest number of economic units were Taxco de Alarcón (3.93k), Leonardo Bravo (2k), and Guadalajara (1.08k)
Total income eached $111B MX and the municipalities with the highest income were Tijuana ($11.3B MX), Naucalpan de Juárez ($9.77B MX), and General Escobedo ($8.35B MX).
Total expenditures were $77.6B MX and the municipalities with the highest expenditures were General Escobedo ($7.63B MX), Naucalpan de Juárez ($6.85B MX), and Tultitlán ($6.22B MX).
On the other hand, in 2014 there were 241914 employees dependent on economic units and the municipalities with the highest number of employees were Tijuana (31.6k), Naucalpan de Juárez (8.71k), and General Escobedo (7.88k).
* 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 Other Miscellaneous Manufacturing 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)
In the period January to June 2024, FDI from Other Miscellaneous Manufacturing was US$46.6M, distributed in reinvestment of earnings (US$49.8M), equity Capital (US$0), and inter-company debts (-US$3.17M).
Since January 1999 to June 2024, the accumulated amount of FDI in Other Miscellaneous Manufacturing was US$5.12B, distributed in inter-company debts (US$2.93B), equity Capital (US$1.21B), and reinvestment of earnings (US$976M).
* 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$1.54B, 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$1.54B), Baja California (US$1.17B), and Estado de México (US$358M).
* 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$3.76B
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 Japan (Confidential), United States (US$18M), and Ireland (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Other Miscellaneous Manufacturing were Guerrero (5.52), Michoacán de Ocampo (2.73), and Puebla (1.62). 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 Other Miscellaneous Manufacturing according to Relatedness were Jalisco (0.45), Zacatecas (0.44), and Baja California Sur (0.43). 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: 37.1
Average Years of Schooling 2024-Q2: 16.6
The visualization shows the workforce of Other Miscellaneous Manufacturing by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Other Miscellaneous Manufacturing the average age for women was 36.5 years and the average schooling was 12.8 years.
The average age of men in the Other Miscellaneous Manufacturing workforce was 37.4 years, while the average schooling was 18.3 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".