Industry Group (5322)
2024-Q1: $2.78T MX, Gross Domestic Product
DENUE May 2024: 16,032, Economic units
Jan-Mar 2024: US$0, Foreign Direct Investment
2024-Q1 : $6.13k MX, Average Monthly Salary
2024-Q1 : 270k, Workforce
2024-Q1 : 21.3%, Female Workforce
2024-Q1: 37, 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 2024, Consumer Goods Rental registered 16,032 economic units. The states with the highest number of economic units were Estado de México (2,042), Puebla (1,211), and Ciudad de México (1,099).
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 first quarter of 2024 in Consumer Goods Rental the workforce was 270k people, 78.7% men and 21.3% women. In addition, the average monthly salary informed was $6.13k 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 Workers in the Rental Property (Houses, Land, Etc.).
At the state level, the occupied population of Consumer Goods Rental was concentrated in List Estado de México,Ciudad de México,Jalisco.
The average age of workers in Consumer Goods Rental in the first quarter of 2024 was 37 years. In the same period, the average schooling of the workforce of Consumer Goods Rental, was 10.9 years.
Average Monthly Salary 2024-Q1: $6.13k MX
Working population 2024-Q1: 270k
In the first quarter of 2024, the workforce in Consumer Goods Rental it was of 270k people, 78.7% men with a reported average monthly salary of $6.91k MX and 21.3% women with a salary of $3.25k MX.
Of the total employed population, 34.3% of the total workforce were formal workers with an average monthly salary of $8.91k MX, while he 65.7% corresponds to informal workers with an average salary of $4.68k MX.
In the first quarter of 2024 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 Workers in the Rental Property (Houses, Land, Etc.).
At the state level, the workforce of Consumer Goods Rental was concentrated on Estado de México, Ciudad de México, and Jalisco.
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.
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.
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.
The visualization shows the number of economic units in Consumer Goods Rental according to the number of employees.
According to DENUE data published in May 2024, 15,787 companies with 0 to 10 employees were registered (4 companies more than the previous period). In the same period, 240 companies with 11 to 50 employees were registered (3 companies more than the previous period).
3 companies with 51 to 100 employees were registered in 2024 (1 companies less 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)
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).
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.
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.
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).
Average Age 2024-Q1: 37
Average Years of Schooling 2024-Q1: 10.9
The visualization shows the workforce of Consumer Goods Rental by age group and years of schooling, comparing men and women.
In the first quarter of 2024 in Consumer Goods Rental the average age for women was 41.6 years and the average schooling was 11.1 years.
The average age of men in the Consumer Goods Rental workforce was 35.8 years, while the average schooling was 10.9 years during first quarter of 2024.
* The visualization omits the range of schooling "Not Specified".