Industry Group (5412)
2024-Q2: $680B MX, Gross Domestic Product
Jan-Sep 2024: US$72.4M, Foreign Direct Investment
2024-Q3 : $11.1k MX, Average Monthly Salary
2024-Q3 : 51.5k, Workforce
2024-Q3 : 47%, Female Workforce
2024-Q3: 43.7, Average Age
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 $37.2B MX. The states with the highest total gross production were Ciudad de México ($9.44B MX) and Jalisco ($3.67B MX).
For its part, total income reached $37.7B MX in 2019, being the states with the highest income Ciudad de México ($9.65B MX) and Jalisco ($3.69B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Accounting, Tax Preparation, Bookkeeping, and Payroll Services the states with the highest affinity were Chihuahua (0.75), Nuevo León (0.73), Sonora (0.72), Coahuila de Zaragoza (0.72), and Baja California (0.69).
During the third quarter of 2024 in Accounting, Tax Preparation, Bookkeeping, and Payroll Services the workforce was 51.5k people, 53% men and 47% women. In addition, the average monthly salary informed was $11.1k MX.
During the same period, occupations with the highest number of workers in Accounting, Tax Preparation, Bookkeeping, and Payroll Services were Assistants and Technicians in Biological Sciences, Chemical and Environmental, Directors and Managers in Research and Technological Development, and Biologists and Marine Scientists and Oceanographers.
At the state level, the occupied population of Accounting, Tax Preparation, Bookkeeping, and Payroll Services was concentrated in List Estado de México,Ciudad de México,Morelos.
The average age of workers in Accounting, Tax Preparation, Bookkeeping, and Payroll Services in the third quarter of 2024 was 43.7 years. In the same period, the average schooling of the workforce of Accounting, Tax Preparation, Bookkeeping, and Payroll Services, was 18.4 years.
Average Monthly Salary 2024-Q3: $11.1k MX
Working population 2024-Q3: 51.5k
In the third quarter of 2024, the workforce in Accounting, Tax Preparation, Bookkeeping, and Payroll Services it was of 51.5k people, 53% men with a reported average monthly salary of $6.99k MX and 47% women with a salary of $15.7k MX.
Of the total employed population, 86.4% of the total workforce were formal workers with an average monthly salary of $12.4k MX, while he 13.6% corresponds to informal workers with an average salary of $2.83k MX.
In the third quarter of 2024 the occupations with the highest number of workers were Assistants and Technicians in Biological Sciences, Chemical and Environmental, Directors and Managers in Research and Technological Development, and Biologists and Marine Scientists and Oceanographers.
At the state level, the workforce of Accounting, Tax Preparation, Bookkeeping, and Payroll Services was concentrated on Estado de México, Ciudad de México, and Morelos.
Gross 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.
According to data from the Economic Census 2019, 17,263 economic units were totaled in Accounting, Tax Preparation, Bookkeeping, and Payroll Services, highlighting Ciudad de México (1,740), Jalisco (1,317), and Estado de México (1,047).
Total gross production was $37.2B MX. The states with the highest total gross production were Ciudad de México ($9.44B MX) and Jalisco ($3.67B MX).
Total income reached $37.7B MX in 2019, being the states with the highest income Ciudad de México ($9.65B MX) and Jalisco ($3.69B 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, Accounting, Tax Preparation, Bookkeeping, and Payroll Services had a total of 51,087 economic units and the municipalities with the highest number of economic units were Guadalajara (2.01k), Cuauhtémoc (1.99k), and Benito Juárez (1.48k)
Total income eached $50.2B MX and the municipalities with the highest income were Miguel Hidalgo ($4.7B MX), Benito Juárez ($3.29B MX), and Guadalajara ($3.28B MX).
Total expenditures were $17.6B MX and the municipalities with the highest expenditures were Miguel Hidalgo ($1.81B MX), San Pedro Garza García ($1.22B MX), and Guadalajara ($1.2B MX).
On the other hand, in 2014 there were 370620 employees dependent on economic units and the municipalities with the highest number of employees were San Pedro Garza García (57.7k), Monterrey (26.6k), and Miguel Hidalgo (19.7k).
* 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 Accounting, Tax Preparation, Bookkeeping, and Payroll Services according to the number of employees.
According to DENUE data published in November 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 September 2024, FDI from Accounting, Tax Preparation, Bookkeeping, and Payroll Services was US$72.4M, distributed in inter-company debts (US$45.5M), reinvestment of earnings (US$26.9M), and equity Capital (US$2.3k).
Since January 1999 to September 2024, the accumulated amount of FDI in Accounting, Tax Preparation, Bookkeeping, and Payroll Services was US$484M, distributed in equity Capital (US$260M), reinvestment of earnings (US$165M), and inter-company debts (US$59.7M).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Sep 2024: US$0
Period Jan-1999 to Sep-2024: US$427M, Mexico City is the main receiving state
No FDI is recorded in the period January to September, 2024
Historically (from January 1999 to September2024) the states that have received the highest FDI are Mexico City (US$427M), Nuevo León (US$15.4M), and Jalisco (US$9.44M).
* Information download does not contain confidential data.
Periodo Jan-Sep 2024: ---, US$0
Main investing country between Jan-1999 and Sep-2024: United States, US$278M
No FDI is recorded in the period January to September of 2024.
Historically (from January 1999 to September de 2024) the countries that contributed the most to FDI were United States (US$50.1M), Spain (Confidential), and Netherlands (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Accounting, Tax Preparation, Bookkeeping, and Payroll Services were Baja California (1.85), Sonora (1.79), and Sinaloa (1.64). 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 Accounting, Tax Preparation, Bookkeeping, and Payroll Services according to Relatedness were Tabasco (0.39), Yucatán (0.39), and Veracruz de Ignacio de la Llave (0.3). 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: 43.7
Average Years of Schooling 2024-Q3: 18.4
The visualization shows the workforce of Accounting, Tax Preparation, Bookkeeping, and Payroll Services by age group and years of schooling, comparing men and women.
In the third quarter of 2024 in Accounting, Tax Preparation, Bookkeeping, and Payroll Services the average age for women was 40 years and the average schooling was 20 years.
The average age of men in the Accounting, Tax Preparation, Bookkeeping, and Payroll Services workforce was 47.1 years, while the average schooling was 17 years during third quarter of 2024.
* The visualization omits the range of schooling "Not Specified".