Industry Group (5222)
2024-Q2: $1.4T MX, Gross Domestic Product
DENUE November 2024: 3,040, Economic units
Jan-Sep 2024: Confidential, Foreign Direct Investment
2024-Q3 : $7.39k MX, Average Monthly Salary
2024-Q3 : 446k, Workforce
2024-Q3 : 48.4%, Female Workforce
2024-Q3: 36.3, Average Age
In the second quarter of 2024 the gross domestic product was $1.4T MX, 3.89% more than the previous quarter.
According DENUE 2024, Nondepository Credit Intermediation registered 3,040 economic units. The states with the highest number of economic units were Veracruz de Ignacio de la Llave (280), Oaxaca (279), and Estado de México (244).
According to data from the Economic Census 2019, total gross production was $134B MX. The states with the highest total gross production were Ciudad de México ($126B MX) and Michoacán de Ocampo ($7.32B MX).
For its part, total income reached $360B MX in 2019, being the states with the highest income Ciudad de México ($345B MX) and Michoacán de Ocampo ($15B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Nondepository Credit Intermediation the states with the highest affinity were Sonora (0.74), Chihuahua (0.74), Coahuila de Zaragoza (0.71), Nuevo León (0.66), and Baja California (0.66).
During the third quarter of 2024 in Nondepository Credit Intermediation the workforce was 446k people, 51.6% men and 48.4% women. In addition, the average monthly salary informed was $7.39k MX.
During the same period, occupations with the highest number of workers in Nondepository Credit Intermediation were Insurance Agents and Financial Services (Account Executives), Collectors, Payers and Lenders, and Advisors and Analysts in Finance.
At the state level, the occupied population of Nondepository Credit Intermediation was concentrated in List Estado de México,Ciudad de México,Jalisco.
The average age of workers in Nondepository Credit Intermediation in the third quarter of 2024 was 36.3 years. In the same period, the average schooling of the workforce of Nondepository Credit Intermediation, was 14.5 years.
Average Monthly Salary 2024-Q3: $7.39k MX
Working population 2024-Q3: 446k
In the third quarter of 2024, the workforce in Nondepository Credit Intermediation it was of 446k people, 51.6% men with a reported average monthly salary of $8.56k MX and 48.4% women with a salary of $6.14k MX.
Of the total employed population, 82.5% of the total workforce were formal workers with an average monthly salary of $7.45k MX, while he 17.5% corresponds to informal workers with an average salary of $7.07k MX.
In the third quarter of 2024 the occupations with the highest number of workers were Insurance Agents and Financial Services (Account Executives), Collectors, Payers and Lenders, and Advisors and Analysts in Finance.
At the state level, the workforce of Nondepository Credit Intermediation was concentrated on Estado de México, Ciudad de México, and Jalisco.
Gross domestic product 2024-Q2: $1.4T MX
Gross Domestic Product 2023: $1.3T MX
* Data displayed corresponds to the sector Finance and Insurance since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Finance and Insurance recorded a gross domestic product of $1.4T MX, evidencing an increase of 3.89% compared to the previous quarter and an increase of 6.73% 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, 17 economic units were totaled in Nondepository Credit Intermediation, highlighting Ciudad de México (13) and Michoacán de Ocampo (4).
Total gross production was $134B MX. The states with the highest total gross production were Ciudad de México ($126B MX) and Michoacán de Ocampo ($7.32B MX).
Total income reached $360B MX in 2019, being the states with the highest income Ciudad de México ($345B MX) and Michoacán de Ocampo ($15B 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, Nondepository Credit Intermediation had a total of 42 economic units and the municipalities with the highest number of economic units were Miguel Hidalgo (18), Álvaro Obregón (12), and Morelia (12)
Total income eached $597B MX and the municipalities with the highest income were Álvaro Obregón ($509B MX), Miguel Hidalgo ($71.1B MX), and Morelia ($16.9B MX).
Total expenditures were $493B MX and the municipalities with the highest expenditures were Álvaro Obregón ($422B MX), Miguel Hidalgo ($62.9B MX), and Morelia ($8.26B MX).
On the other hand, in 2014 there were 36264 employees dependent on economic units and the municipalities with the highest number of employees were Álvaro Obregón (22.1k), Miguel Hidalgo (10.7k), and Morelia (3.42k).
* 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 Nondepository Credit Intermediation according to the number of employees.
According to DENUE data published in November 2024, 2,867 companies with 0 to 10 employees were registered (200 companies more than the previous period). In the same period, 134 companies with 11 to 50 employees were registered (10 companies more than the previous period).
23 companies with 51 to 100 employees were registered in 2024 (1 companies more than the previous period). Likewise, 16 companies with more than 101 employees were registered (equal number of companies as the previous period).
Source National Statistical Directory of Economic Units (DENUE)
Average Age 2024-Q3: 36.3
Average Years of Schooling 2024-Q3: 14.5
The visualization shows the workforce of Nondepository Credit Intermediation by age group and years of schooling, comparing men and women.
In the third quarter of 2024 in Nondepository Credit Intermediation the average age for women was 35.1 years and the average schooling was 13.7 years.
The average age of men in the Nondepository Credit Intermediation workforce was 37.4 years, while the average schooling was 15.2 years during third quarter of 2024.
* The visualization omits the range of schooling "Not Specified".