Industry Group (7223)
2024-Q2: $778B MX, Gross Domestic Product
DENUE May 2024: 3,025, Economic units
Jan-Jun 2024: US$0, Foreign Direct Investment
2024-Q2 : $20.7k MX, Average Monthly Salary
2024-Q2 : 12k, Workforce
2024-Q2 : 42.3%, Female Workforce
2024-Q2: 35.1, 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 3,025 economic units. The states with the highest number of economic units were Ciudad de México (259), Estado de México (258), and Veracruz de Ignacio de la Llave (208).
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 second quarter of 2024 in Special Food Services the workforce was 12k people, 57.7% men and 42.3% women. In addition, the average monthly salary informed was $20.7k MX.
During the same period, occupations with the highest number of workers in Special Food Services were Waiters, Security Guards Establishments, and Cantineros.
At the state level, the occupied population of Special Food Services was concentrated in List Yucatán,Nuevo León,Quintana Roo.
The average age of workers in Special Food Services in the second quarter of 2024 was 35.1 years. In the same period, the average schooling of the workforce of Special Food Services, was 9.72 years.
Average Monthly Salary 2024-Q2: $20.7k MX
Working population 2024-Q2: 12k
In the second quarter of 2024, the workforce in Special Food Services it was of 12k people, 57.7% men with a reported average monthly salary of $10.3k MX and 42.3% women with a salary of $34.9k MX.
Of the total employed population, 17% of the total workforce were formal workers with an average monthly salary of $10.4k MX, while he 83% corresponds to informal workers with an average salary of $22.8k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Waiters, Security Guards Establishments, and Cantineros.
At the state level, the workforce of Special Food Services was concentrated on Yucatán, Nuevo León, and Quintana Roo.
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 May 2024, 2,492 companies with 0 to 10 employees were registered (3 companies more than the previous period). In the same period, 409 companies with 11 to 50 employees were registered (9 companies less than the previous period).
41 companies with 51 to 100 employees were registered in 2024 (10 companies less than the previous period). Likewise, 83 companies with more than 101 employees were registered (8 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period january to june 2024, no FDI was registered in Special Food Services.
Since January 1999 to June 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-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$3.44M, 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$3.44M), Quintana Roo (US$161k), and Jalisco (US$95.5k).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: Austria, Confidential
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 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-Q2: 35.1
Average Years of Schooling 2024-Q2: 9.72
The visualization shows the workforce of Special Food Services by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Special Food Services the average age for women was 37 years and the average schooling was 9.41 years.
The average age of men in the Special Food Services workforce was 33.7 years, while the average schooling was 9.95 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".