ProceduresGovernment

Consumer Goods Rental

Industry Group (5322)

 2024-Q1: $2.78T MX, Gross Domestic Product

DENUE November 2023: 16,026, Economic units

Jan-Mar 2024: US$0, Foreign Direct Investment

2023-Q4 : $5.41k MX, Average Monthly Salary

2023-Q4 : 281k, Workforce

2023-Q4 : 26.1%, Female Workforce

2023-Q4: 38.2, Average Age

In the first quarter of 2024 the gross domestic product was $2.78T MX, 0.95% less than the previous quarter.

According DENUE 2023, Consumer Goods Rental registered 16,026 economic units. The states with the highest number of economic units were Estado de México (2,041), Puebla (1,211), and Ciudad de México (1,100).

According to data from the Economic Census 2019, total gross production was $5.14B MX. The states with the highest total gross production were Ciudad de México ($819M MX) and Nuevo León ($462M MX).

For its part, total income reached $5.13B MX in 2019, being the states with the highest income Ciudad de México ($819M MX) and Nuevo León ($463M MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Consumer Goods Rental the states with the highest affinity were Chihuahua (0.73), Nuevo León (0.71), Coahuila de Zaragoza (0.71), Sonora (0.7), and Baja California (0.67).

During the fourth quarter of 2023 in Consumer Goods Rental the workforce was 281k people, 73.9% men and 26.1% women. In addition, the average monthly salary informed was $5.41k MX.

During the same period, occupations with the highest number of workers in Consumer Goods Rental were Workers in Renting Movables (Crockery, Movies, Video Games, Etc.), Technical Aids and Audio Engineering, Sound and Lighting, and Chargers.

At the state level, the occupied population of Consumer Goods Rental was concentrated in List Estado de México,Ciudad de México,Puebla.

The average age of workers in Consumer Goods Rental in the fourth quarter of 2023 was 38.2 years. In the same period, the average schooling of the workforce of Consumer Goods Rental, was 11.3 years.

Salaries and Workforce

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Average Monthly Salary 2023-Q4: $5.41k MX

Working population 2023-Q4: 281k

In the fourth quarter of 2023, the workforce in Consumer Goods Rental it was of 281k people, 73.9% men with a reported average monthly salary of $6.12k MX and 26.1% women with a salary of $3.41k MX.

Of the total employed population, 32.5% of the total workforce were formal workers with an average monthly salary of $7.81k MX, while he 67.5% corresponds to informal workers with an average salary of $4.25k MX.

Salaries and Workforce by Occupations and States

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In the fourth quarter of 2023 the occupations with the highest number of workers were Workers in Renting Movables (Crockery, Movies, Video Games, Etc.), Technical Aids and Audio Engineering, Sound and Lighting, and Chargers.

At the state level, the workforce of Consumer Goods Rental was concentrated on Estado de México, Ciudad de México, and Puebla.

Gross Domestic Product

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Gross domestic product 2024-Q1: $2.78T MX

Gross Domestic Product 2023: $2.72T MX

* Data displayed corresponds to the sector Real Estate and Rental and Leasing since the information at lower levels of disaggregation is not available.

In the first quarter of 2024, Real Estate and Rental and Leasing recorded a gross domestic product of $2.78T MX, evidencing a drop of 0.95% compared to the previous quarter and an increase of 4.34% compared to the same period of the previous year.

* Current values, at current prices, base year 2013. Excludes taxes on products.

Production Indicators by State

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According to data from the Economic Census 2019,  15,376 economic units were totaled in Consumer Goods Rental, highlighting Estado de México (1,994), Puebla (1,152), and Ciudad de México (1,088).

Total gross production was $5.14B MX. The states with the highest total gross production were Ciudad de México ($819M MX) and Nuevo León ($462M MX).

Total income reached $5.13B MX in 2019, being the states with the highest income Ciudad de México ($819M MX) and Nuevo León ($463M MX).

* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.

Production Indicators by Municipality

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According to dato from Economic Census 2014, Consumer Goods Rental had a total of 35,052 economic units and the municipalities with the highest number of economic units were León (1.11k), Iztapalapa (924), and Mérida (912)

Total income eached $12.6B MX and the municipalities with the highest income were Zapopan ($457M MX), Guadalajara ($456M MX), and Benito Juárez ($410M MX).

Total expenditures were $6.9B MX and the municipalities with the highest expenditures were Guadalajara ($250M MX), Naucalpan de Juárez ($247M MX), and Mérida ($224M MX).

On the other hand, in 2014 there were 80928 employees dependent on economic units and the municipalities with the highest number of employees were León (2.38k), Mérida (2.34k), and Iztapalapa (2.27k).

* 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.

Economic Units

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The visualization shows the number of economic units in Consumer Goods Rental according to the number of employees.

According to DENUE data published in November 2023, 15,783 companies with 0 to 10 employees were registered (10 companies less than the previous period). In the same period, 237 companies with 11 to 50 employees were registered (6 companies more than the previous period).

4 companies with 51 to 100 employees were registered in 2023 (1 companies more than the previous period). Likewise, 2 companies with more than 101 employees were registered (equal number of companies as the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

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  • US$0, FDI Jan-Mar 2024
  • US$75M, FDI Jan-1999 to Mar-2024

In the period january to march 2024, no FDI was registered in Consumer Goods Rental.

Since January 1999 to March 2024, the accumulated amount of FDI in Consumer Goods Rental was US$75M, distributed in equity Capital (US$68M), reinvestment of earnings (US$33.8M), and inter-company debts (-US$26.8M).

* Confidential data is not shown in the chart (see information icon in the section).

Foreign Direct Investment (FDI) by State

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Period Jan-Mar 2024: US$0

Period Jan-1999 to Mar-2024: US$43.9M, Mexico City is the main receiving state

No FDI is recorded in the period January to March, 2024

Historically (from January 1999 to March2024) the states that have received the highest FDI are Mexico City (US$43.9M), Estado de México (US$21.9M), and Jalisco (US$7.24M).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

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Periodo Jan-Mar 2024: ---, US$0

Main investing country between Jan-1999 and Mar-2024: United States, US$52.8M

No FDI is recorded in the period January to March of 2024.

Historically (from January 1999 to March de 2024) the countries that contributed the most to FDI were South Korea (Confidential) and United States (Confidential).

* Information download does not contain confidential data.

Specialization and Opportunity

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As of May 2021, the states with the highest degree of specialization in Consumer Goods Rental were Coahuila de Zaragoza (1.53), Sinaloa (1.43), and Nuevo León (1.3). 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 Consumer Goods Rental according to Relatedness were Chihuahua (0.73), Jalisco (0.55), and Ciudad de México (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).

Workforce by Schooling Years, Age Range and Gender

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Average Age 2023-Q4: 38.2

Average Years of Schooling 2023-Q4: 11.3

The visualization shows the workforce of Consumer Goods Rental by age group and years of schooling, comparing men and women.

In the fourth quarter of 2023 in Consumer Goods Rental the average age for women was 40.7 years and the average schooling was 11.5 years.

The average age of men in the Consumer Goods Rental workforce was 37.2 years, while the average schooling was 11.3 years during fourth quarter of 2023.

* The visualization omits the range of schooling "Not Specified".