Industry Group (8111)
2024-Q2: $624B MX, Gross Domestic Product
DENUE May 2024: 244,076, Economic units
Jan-Jun 2024: US$0, Foreign Direct Investment
2024-Q2 : $6.43k MX, Average Monthly Salary
2024-Q2 : 2.26M, Workforce
2024-Q2 : 4.6%, Female Workforce
2024-Q2: 39.9, Average Age
In the second quarter of 2024 the gross domestic product was $624B MX, 2.75% less than the previous quarter.
According DENUE 2024, Automotive Repair and Maintenance registered 244,076 economic units. The states with the highest number of economic units were Estado de México (29,321), Jalisco (16,545), and Ciudad de México (16,329).
According to data from the Economic Census 2019, total gross production was $93.2B MX. The states with the highest total gross production were Estado de México ($9.99B MX) and Jalisco ($8.99B MX).
For its part, total income reached $93.1B MX in 2019, being the states with the highest income Estado de México ($9.97B MX) and Jalisco ($8.99B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Automotive Repair and Maintenance the states with the highest affinity were Chihuahua (0.77), Sonora (0.75), Coahuila de Zaragoza (0.73), Nuevo León (0.72), and Baja California (0.69).
During the second quarter of 2024 in Automotive Repair and Maintenance the workforce was 2.26M people, 95.4% men and 4.6% women. In addition, the average monthly salary informed was $6.43k MX.
During the same period, occupations with the highest number of workers in Automotive Repair and Maintenance were Mechanical Maintenance and Repair of Motor Vehicles, Support Workers in Processing, Mechanical Maintenance and Repair of Equipment, Machinery and Metal Products and Precision, and Hojalateros, Chaperos, Brassworkers, Painters and Metal Cobreros.
At the state level, the occupied population of Automotive Repair and Maintenance was concentrated in List Estado de México,Jalisco,Veracruz de Ignacio de la Llave.
The average age of workers in Automotive Repair and Maintenance in the second quarter of 2024 was 39.9 years. In the same period, the average schooling of the workforce of Automotive Repair and Maintenance, was 10 years.
Average Monthly Salary 2024-Q2: $6.43k MX
Working population 2024-Q2: 2.26M
In the second quarter of 2024, the workforce in Automotive Repair and Maintenance it was of 2.26M people, 95.4% men with a reported average monthly salary of $6.51k MX and 4.6% women with a salary of $4.84k MX.
Of the total employed population, 27.3% of the total workforce were formal workers with an average monthly salary of $8.09k MX, while he 72.7% corresponds to informal workers with an average salary of $5.81k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Mechanical Maintenance and Repair of Motor Vehicles, Support Workers in Processing, Mechanical Maintenance and Repair of Equipment, Machinery and Metal Products and Precision, and Hojalateros, Chaperos, Brassworkers, Painters and Metal Cobreros.
At the state level, the workforce of Automotive Repair and Maintenance was concentrated on Estado de México, Jalisco, and Veracruz de Ignacio de la Llave.
Gross domestic product 2024-Q2: $624B MX
Gross Domestic Product 2023: $603B MX
* Data displayed corresponds to the sector Other Services (Except Public Administration) since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Other Services (Except Public Administration) recorded a gross domestic product of $624B MX, evidencing a drop of 2.75% compared to the previous quarter and an increase of 9.41% 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, 231,678 economic units were totaled in Automotive Repair and Maintenance, highlighting Estado de México (28,087), Ciudad de México (15,978), and Jalisco (15,912).
Total gross production was $93.2B MX. The states with the highest total gross production were Estado de México ($9.99B MX) and Jalisco ($8.99B MX).
Total income reached $93.1B MX in 2019, being the states with the highest income Estado de México ($9.97B MX) and Jalisco ($8.99B 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, Automotive Repair and Maintenance had a total of 629,721 economic units and the municipalities with the highest number of economic units were Guadalajara (12.7k), Ecatepec de Morelos (10.6k), and Puebla (10.6k)
Total income eached $165B MX and the municipalities with the highest income were Monterrey ($5.93B MX), Guadalajara ($5.35B MX), and Tijuana ($3.83B MX).
Total expenditures were $90B MX and the municipalities with the highest expenditures were Monterrey ($3.31B MX), Guadalajara ($3.05B MX), and Miguel Hidalgo ($2.62B MX).
On the other hand, in 2014 there were 1381401 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (35.8k), Monterrey (26.9k), and Puebla (24.5k).
* 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 Automotive Repair and Maintenance according to the number of employees.
According to DENUE data published in May 2024, 241,261 companies with 0 to 10 employees were registered (23 companies more than the previous period). In the same period, 2,727 companies with 11 to 50 employees were registered (92 companies less than the previous period).
57 companies with 51 to 100 employees were registered in 2024 (4 companies more than the previous period). Likewise, 31 companies with more than 101 employees were registered (1 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 Automotive Repair and Maintenance.
Since January 1999 to June 2024, the accumulated amount of FDI in Automotive Repair and Maintenance was US$62M, distributed in inter-company debts (US$37.1M), equity Capital (US$20.6M), and reinvestment of earnings (US$4.35M).
* 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$47.4M, San Luis Potosí 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 San Luis Potosí (US$47.4M), Mexico City (US$4.99M), and Puebla (US$4.92M).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: Germany, US$47.4M
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 Germany (Confidential), United States (Confidential), and Peru (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Automotive Repair and Maintenance were Tamaulipas (1.62), Sonora (1.5), and Baja California (1.46). 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 Automotive Repair and Maintenance according to Relatedness were Querétaro (0.63), Aguascalientes (0.55), and Ciudad de México (0.53). 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: 39.9
Average Years of Schooling 2024-Q2: 10
The visualization shows the workforce of Automotive Repair and Maintenance by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Automotive Repair and Maintenance the average age for women was 36.8 years and the average schooling was 12.1 years.
The average age of men in the Automotive Repair and Maintenance workforce was 40.1 years, while the average schooling was 9.91 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".