Industry Group (8121)
2024-Q2: $624B MX, Gross Domestic Product
DENUE May 2024: 236,378, Economic units
Jan-Jun 2024: US$0, Foreign Direct Investment
2024-Q2 : $5.04k MX, Average Monthly Salary
2024-Q2 : 2.06M, Workforce
2024-Q2 : 71.6%, Female Workforce
2024-Q2: 37.3, 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, Personal Care Services registered 236,378 economic units. The states with the highest number of economic units were Estado de México (32,951), Ciudad de México (22,028), and Jalisco (19,215).
According to data from the Economic Census 2019, total gross production was $36.1B MX. The states with the highest total gross production were Ciudad de México ($6.22B MX) and Estado de México ($3.97B MX).
For its part, total income reached $36.1B MX in 2019, being the states with the highest income Ciudad de México ($6.22B MX) and Estado de México ($3.97B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Personal Care Services the states with the highest affinity were Nuevo León (0.76), Chihuahua (0.75), Coahuila de Zaragoza (0.72), Sonora (0.7), and Baja California (0.7).
During the second quarter of 2024 in Personal Care Services the workforce was 2.06M people, 28.4% men and 71.6% women. In addition, the average monthly salary informed was $5.04k MX.
During the same period, occupations with the highest number of workers in Personal Care Services were Hairdressers, Barbers, Stylists and Hairdressers, Makeup Artists, Manicurists, Pedicurists and Tattooists, and Launderers Establishments.
At the state level, the occupied population of Personal Care Services was concentrated in List Estado de México,Ciudad de México,Jalisco.
The average age of workers in Personal Care Services in the second quarter of 2024 was 37.3 years. In the same period, the average schooling of the workforce of Personal Care Services, was 11 years.
Average Monthly Salary 2024-Q2: $5.04k MX
Working population 2024-Q2: 2.06M
In the second quarter of 2024, the workforce in Personal Care Services it was of 2.06M people, 28.4% men with a reported average monthly salary of $5.07k MX and 71.6% women with a salary of $5.02k MX.
Of the total employed population, 20.4% of the total workforce were formal workers with an average monthly salary of $6.68k MX, while he 79.6% corresponds to informal workers with an average salary of $4.61k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Hairdressers, Barbers, Stylists and Hairdressers, Makeup Artists, Manicurists, Pedicurists and Tattooists, and Launderers Establishments.
At the state level, the workforce of Personal Care Services was concentrated on Estado de México, Ciudad de México, and Jalisco.
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, 216,466 economic units were totaled in Personal Care Services, highlighting Estado de México (30,811), Ciudad de México (20,738), and Jalisco (17,654).
Total gross production was $36.1B MX. The states with the highest total gross production were Ciudad de México ($6.22B MX) and Estado de México ($3.97B MX).
Total income reached $36.1B MX in 2019, being the states with the highest income Ciudad de México ($6.22B MX) and Estado de México ($3.97B 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, Personal Care Services had a total of 476,517 economic units and the municipalities with the highest number of economic units were Guadalajara (11.4k), Iztapalapa (10.3k), and Puebla (9.34k)
Total income eached $53.1B MX and the municipalities with the highest income were Cuauhtémoc ($1.6B MX), Guadalajara ($1.53B MX), and Tijuana ($1.33B MX).
Total expenditures were $25.9B MX and the municipalities with the highest expenditures were Guadalajara ($755M MX), Cuauhtémoc ($747M MX), and Tijuana ($696M MX).
On the other hand, in 2014 there were 655923 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (17.5k), Iztapalapa (13.9k), and Puebla (13.8k).
* 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 Personal Care Services according to the number of employees.
According to DENUE data published in May 2024, 235,625 companies with 0 to 10 employees were registered (9 companies more than the previous period). In the same period, 745 companies with 11 to 50 employees were registered (12 companies less than the previous period).
7 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 1 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 june 2024, no FDI was registered in Personal Care Services.
Since January 1999 to June 2024, the accumulated amount of FDI in Personal Care Services was -US$2.47M, distributed in reinvestment of earnings (US$0), inter-company debts (-US$322k), and equity Capital (-US$2.15M).
* 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$232k, Jalisco 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 Jalisco (US$232k), Yucatán (US$137k), and Baja California Sur (US$96.4k).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: South Korea, US$632k
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 United States (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Personal Care Services were Nuevo León (1.34), Baja California (1.33), and Sonora (1.22). 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 Personal Care Services according to Relatedness were Baja California Sur (0.57), Campeche (0.44), and Quintana Roo (0.41). 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: 37.3
Average Years of Schooling 2024-Q2: 11
The visualization shows the workforce of Personal Care Services by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Personal Care Services the average age for women was 37.3 years and the average schooling was 11.2 years.
The average age of men in the Personal Care Services workforce was 37.4 years, while the average schooling was 10.6 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".