Industry Group (7223)
2024-Q2: $778B MX, Gross Domestic Product
DENUE November 2024: 7,133, Economic units
Jan-Sep 2024: US$0, Foreign Direct Investment
2024-Q3 : $8.99k MX, Average Monthly Salary
2024-Q3 : 19.9k, Workforce
2024-Q3 : 26.6%, Female Workforce
2024-Q3: 35.2, Average Age
In the second quarter of 2024 the gross domestic product was $778B MX, 2.32% more than the previous quarter.
According DENUE 2024, Special Food Services registered 7,133 economic units. The states with the highest number of economic units were Nuevo León (756), Estado de México (646), and Chihuahua (435).
According to data from the Economic Census 2019, total gross production was $12.4B MX. The states with the highest total gross production were Ciudad de México ($2.34B MX) and Chihuahua ($1.44B MX).
For its part, total income reached $12.6B MX in 2019, being the states with the highest income Ciudad de México ($2.36B MX) and Chihuahua ($1.44B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Special Food Services the states with the highest affinity were Chihuahua (0.75), Nuevo León (0.73), Sonora (0.73), Coahuila de Zaragoza (0.72), and Baja California (0.69).
During the third quarter of 2024 in Special Food Services the workforce was 19.9k people, 73.4% men and 26.6% women. In addition, the average monthly salary informed was $8.99k MX.
During the same period, occupations with the highest number of workers in Special Food Services were Waiters, Cantineros, and Dancers and Choreographers.
At the state level, the occupied population of Special Food Services was concentrated in List Jalisco,Guerrero,Estado de México.
The average age of workers in Special Food Services in the third quarter of 2024 was 35.2 years. In the same period, the average schooling of the workforce of Special Food Services, was 11.2 years.
Average Monthly Salary 2024-Q3: $8.99k MX
Working population 2024-Q3: 19.9k
In the third quarter of 2024, the workforce in Special Food Services it was of 19.9k people, 73.4% men with a reported average monthly salary of $9.19k MX and 26.6% women with a salary of $8.44k MX.
Of the total employed population, 11% of the total workforce were formal workers with an average monthly salary of $10.6k MX, while he 89% corresponds to informal workers with an average salary of $8.79k MX.
In the third quarter of 2024 the occupations with the highest number of workers were Waiters, Cantineros, and Dancers and Choreographers.
At the state level, the workforce of Special Food Services was concentrated on Jalisco, Guerrero, and Estado de México.
Gross domestic product 2024-Q2: $778B MX
Gross Domestic Product 2023: $754B MX
* Data displayed corresponds to the sector Accommodation and Food Services since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Accommodation and Food Services recorded a gross domestic product of $778B MX, evidencing an increase of 2.32% compared to the previous quarter and an increase of 2.59% 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, 2,493 economic units were totaled in Special Food Services, highlighting Estado de México (230), Ciudad de México (221), and Veracruz de Ignacio de la Llave (192).
Total gross production was $12.4B MX. The states with the highest total gross production were Ciudad de México ($2.34B MX) and Chihuahua ($1.44B MX).
Total income reached $12.6B MX in 2019, being the states with the highest income Ciudad de México ($2.36B MX) and Chihuahua ($1.44B 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, Special Food Services had a total of 3,726 economic units and the municipalities with the highest number of economic units were Guadalajara (114), Mérida (111), and León (108)
Total income eached $35.7B MX and the municipalities with the highest income were Miguel Hidalgo ($3.99B MX), Carmen ($3.77B MX), and Cuauhtémoc ($2.61B MX).
Total expenditures were $23.5B MX and the municipalities with the highest expenditures were Miguel Hidalgo ($2.86B MX), Monterrey ($2.02B MX), and Carmen ($1.95B MX).
On the other hand, in 2014 there were 100281 employees dependent on economic units and the municipalities with the highest number of employees were Miguel Hidalgo (7.63k), Juárez (7.37k), and Monterrey (7.12k).
* 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 Special Food Services according to the number of employees.
According to DENUE data published in November 2024, 6,536 companies with 0 to 10 employees were registered (4,044 companies more than the previous period). In the same period, 460 companies with 11 to 50 employees were registered (51 companies more than the previous period).
50 companies with 51 to 100 employees were registered in 2024 (9 companies more than the previous period). Likewise, 87 companies with more than 101 employees were registered (4 companies more than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period january to september 2024, no FDI was registered in Special Food Services.
Since January 1999 to September 2024, the accumulated amount of FDI in Special Food Services was -US$6.3M, distributed in equity Capital (US$409k), reinvestment of earnings (Confidential), and inter-company debts (-US$6.77M).
* 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$3.44M, 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$3.44M), Quintana Roo (US$161k), and Jalisco (US$95.5k).
* Information download does not contain confidential data.
Periodo Jan-Sep 2024: ---, US$0
Main investing country between Jan-1999 and Sep-2024: Austria, Confidential
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 Austria (Confidential) and United States (Confidential).
* Information download does not contain confidential data.
The states with the highest degree of development opportunity in Special Food Services according to Relatedness were Sinaloa (0.62), Ciudad de México (0.55), and Jalisco (0.54). 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: 35.2
Average Years of Schooling 2024-Q3: 11.2
The visualization shows the workforce of Special Food Services by age group and years of schooling, comparing men and women.
In the third quarter of 2024 in Special Food Services the average age for women was 34.5 years and the average schooling was 9.78 years.
The average age of men in the Special Food Services workforce was 35.4 years, while the average schooling was 11.7 years during third quarter of 2024.
* The visualization omits the range of schooling "Not Specified".