ProceduresGovernment

Electric Power Generation, Transmission and Distribution

Industry Group (2211)

 2024-Q1: $624B MX, Gross Domestic Product

DENUE November 2023: 2,421, Economic units

Jan-Mar 2024: US$90.2M, Foreign Direct Investment

2023-Q4 : $9.07k MX, Average Monthly Salary

2023-Q4 : 182k, Workforce

2023-Q4 : 25%, Female Workforce

2023-Q4: 41.3, Average Age

In the first quarter of 2024 the gross domestic product was $624B MX, 5.45% less than the previous quarter.

According DENUE 2023, Electric Power Generation, Transmission and Distribution registered 2,421 economic units. The states with the highest number of economic units were Ciudad de México (241), Veracruz de Ignacio de la Llave (167), and Jalisco (162).

According to data from the Economic Census 2019, total gross production was $519B MX. The states with the highest total gross production were Ciudad de México ($301B MX) and Nuevo León ($78B MX).

For its part, total income reached $730B MX in 2019, being the states with the highest income Ciudad de México ($497B MX) and Nuevo León ($78.4B MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Electric Power Generation, Transmission and Distribution the states with the highest affinity were Chihuahua (0.75), Sonora (0.74), Coahuila de Zaragoza (0.72), Nuevo León (0.7), and Baja California (0.67).

During the fourth quarter of 2023 in Electric Power Generation, Transmission and Distribution the workforce was 182k people, 75% men and 25% women. In addition, the average monthly salary informed was $9.07k MX.

During the same period, occupations with the highest number of workers in Electric Power Generation, Transmission and Distribution were Electricians and Linemen, Support Workers in Various Administrative Activities, and Secretarias.

At the state level, the occupied population of Electric Power Generation, Transmission and Distribution was concentrated in List Veracruz de Ignacio de la Llave,Guanajuato,Ciudad de México.

The average age of workers in Electric Power Generation, Transmission and Distribution in the fourth quarter of 2023 was 41.3 years. In the same period, the average schooling of the workforce of Electric Power Generation, Transmission and Distribution, was 14.6 years.

Salaries and Workforce

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Average Monthly Salary 2023-Q4: $9.07k MX

Working population 2023-Q4: 182k

In the fourth quarter of 2023, the workforce in Electric Power Generation, Transmission and Distribution it was of 182k people, 75% men with a reported average monthly salary of $9.1k MX and 25% women with a salary of $8.96k MX.

Of the total employed population, 95.1% of the total workforce were formal workers with an average monthly salary of $9.47k MX, while he 4.89% corresponds to informal workers with an average salary of $1.24k 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 Electricians and Linemen, Support Workers in Various Administrative Activities, and Secretarias.

At the state level, the workforce of Electric Power Generation, Transmission and Distribution was concentrated on Veracruz de Ignacio de la Llave, Guanajuato, and Ciudad de México.

Gross Domestic Product

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Gross domestic product 2024-Q1: $624B MX

Gross Domestic Product 2023: $651B MX

* Data displayed corresponds to the sector Generation, Transmission, Distribution and Commercialization of Electric Power, Water and Natural Gas Supply by Pipelines to the Final Consumer since the information at lower levels of disaggregation is not available.

In the first quarter of 2024, Generation, Transmission, Distribution and Commercialization of Electric Power, Water and Natural Gas Supply by Pipelines to the Final Consumer recorded a gross domestic product of $624B MX, evidencing a drop of 5.45% compared to the previous quarter and an increase of 5.63% 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,  123 economic units were totaled in Electric Power Generation, Transmission and Distribution, highlighting Ciudad de México (50), Nuevo León (12), and Oaxaca (8).

Total gross production was $519B MX. The states with the highest total gross production were Ciudad de México ($301B MX) and Nuevo León ($78B MX).

Total income reached $730B MX in 2019, being the states with the highest income Ciudad de México ($497B MX) and Nuevo León ($78.4B 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, Electric Power Generation, Transmission and Distribution had a total of 33 economic units and the municipalities with the highest number of economic units were Cuauhtémoc (24) and Miguel Hidalgo (9)

Total income eached $1.07T MX and the municipalities with the highest income were Cuauhtémoc ($1.03T MX) and Miguel Hidalgo ($42B MX).

Total expenditures were $599B MX and the municipalities with the highest expenditures were Cuauhtémoc ($564B MX) and Miguel Hidalgo ($34.9B MX).

On the other hand, in 2014 there were 286782 employees dependent on economic units and the municipalities with the highest number of employees were Cuauhtémoc (287k) and Miguel Hidalgo (0).

* 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 Electric Power Generation, Transmission and Distribution according to the number of employees.

According to DENUE data published in November 2023, 1,886 companies with 0 to 10 employees were registered (23 companies more than the previous period). In the same period, 385 companies with 11 to 50 employees were registered (12 companies more than the previous period).

68 companies with 51 to 100 employees were registered in 2023 (3 companies more than the previous period). Likewise, 82 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$90.2M, FDI Jan-Mar 2024
  • US$15.5B, FDI Jan-1999 to Mar-2024

In the period January to March 2024, FDI from Electric Power Generation, Transmission and Distribution was US$90.2M, distributed in reinvestment of earnings (US$110M), inter-company debts (-US$1.88M), and equity Capital (Confidential).

Since January 1999 to March 2024, the accumulated amount of FDI in Electric Power Generation, Transmission and Distribution was US$15.5B, distributed in inter-company debts (US$7.78B), equity Capital (US$6.16B), and reinvestment of earnings (US$1.59B).

* 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$2.9B, Coahuila de Zaragoza 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 Coahuila de Zaragoza (US$2.9B), Tamaulipas (US$1.48B), and Oaxaca (US$1.47B).

* 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: Canada, US$4.33B

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 United States (US$61M), Canada (Confidential), and Japan (Confidential).

* Information download does not contain confidential data.

Specialization and Opportunity

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The states with the highest degree of development opportunity in Electric Power Generation, Transmission and Distribution according to Relatedness were Baja California (0.67), Querétaro (0.61), and Jalisco (0.51). 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: 41.3

Average Years of Schooling 2023-Q4: 14.6

The visualization shows the workforce of Electric Power Generation, Transmission and Distribution by age group and years of schooling, comparing men and women.

In the fourth quarter of 2023 in Electric Power Generation, Transmission and Distribution the average age for women was 39.7 years and the average schooling was 15 years.

The average age of men in the Electric Power Generation, Transmission and Distribution workforce was 41.8 years, while the average schooling was 14.5 years during fourth quarter of 2023.

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