ProceduresGovernment

Nonresidential Building Construction

Industry Group (2362)

 2024-Q1: $2.15T MX, Gross Domestic Product

DENUE November 2023: 5,921, Economic units

Jan-Mar 2024: US$1.46M, Foreign Direct Investment

2023-Q3 : $10.4k MX, Average Monthly Salary

2023-Q3 : 1.15k, Workforce

2023-Q3: 49, Average Age

In the first quarter of 2024 the gross domestic product was $2.15T MX, 6.1% less than the previous quarter.

According DENUE 2023, Nonresidential Building Construction registered 5,921 economic units. The states with the highest number of economic units were Jalisco (478), Ciudad de México (476), and Nuevo León (451).

According to data from the Economic Census 2019, total gross production was $144B MX. The states with the highest total gross production were Ciudad de México ($24.6B MX) and Nuevo León ($16.6B MX).

For its part, total income reached $146B MX in 2019, being the states with the highest income Ciudad de México ($25B MX) and Nuevo León ($16.8B MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Nonresidential Building Construction the states with the highest affinity were Chihuahua (0.77), Nuevo León (0.74), Sonora (0.74), Coahuila de Zaragoza (0.73), and Baja California (0.7).

During the third quarter of 2023 in Nonresidential Building Construction the workforce was 1.15k people, 100% men and 0% women. In addition, the average monthly salary informed was $10.4k MX.

During the same period, occupations with the highest number of workers in Nonresidential Building Construction were Bricklayers, Stonemasons and Related and Support Workers in Construction.

At the state level, the occupied population of Nonresidential Building Construction was concentrated in List Hidalgo,Veracruz de Ignacio de la Llave.

The average age of workers in Nonresidential Building Construction in the third quarter of 2023 was 49 years. In the same period, the average schooling of the workforce of Nonresidential Building Construction, was 2.81 years.

Salaries and Workforce

#permalink to section

Average Monthly Salary 2023-Q3: $10.4k MX

Working population 2023-Q3: 1.15k

In the third quarter of 2023, the workforce in Nonresidential Building Construction it was of 1.15k people, 100% men with a reported average monthly salary of $10.4k MX and 0% women with a salary of $0 MX.

Of the total employed population, 0% of the total workforce were formal workers with an average monthly salary of $0 MX, while he 100% corresponds to informal workers with an average salary of $10.4k MX.

Salaries and Workforce by Occupations and States

#permalink to section

In the third quarter of 2023 the occupations with the highest number of workers were Bricklayers, Stonemasons and Related and Support Workers in Construction.

At the state level, the workforce of Nonresidential Building Construction was concentrated on Hidalgo and Veracruz de Ignacio de la Llave.

Gross Domestic Product

#permalink to section

Gross domestic product 2024-Q1: $2.15T MX

Gross Domestic Product 2023: $2.15T MX

* Data displayed corresponds to the sector Construction since the information at lower levels of disaggregation is not available.

In the first quarter of 2024, Construction recorded a gross domestic product of $2.15T MX, evidencing a drop of 6.1% compared to the previous quarter and an increase of 12.8% 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

#permalink to section

According to data from the Economic Census 2019,  4,360 economic units were totaled in Nonresidential Building Construction, highlighting Jalisco (376), Ciudad de México (346), and Nuevo León (307).

Total gross production was $144B MX. The states with the highest total gross production were Ciudad de México ($24.6B MX) and Nuevo León ($16.6B MX).

Total income reached $146B MX in 2019, being the states with the highest income Ciudad de México ($25B MX) and Nuevo León ($16.8B 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

#permalink to section

According to dato from Economic Census 2014, Nonresidential Building Construction had a total of 10,413 economic units and the municipalities with the highest number of economic units were Guadalajara (444), Mérida (417), and Monterrey (414)

Total income eached $239B MX and the municipalities with the highest income were Chihuahua ($17.8B MX), Monterrey ($15.7B MX), and Guadalajara ($14.4B MX).

Total expenditures were $171B MX and the municipalities with the highest expenditures were Chihuahua ($12.7B MX), Monterrey ($12.4B MX), and Guadalajara ($10.5B MX).

On the other hand, in 2014 there were 356952 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (23.3k), Monterrey (17.3k), and Mérida (14.4k).

* 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

#permalink to section

The visualization shows the number of economic units in Nonresidential Building Construction according to the number of employees.

According to DENUE data published in November 2023, 2,110 companies with 0 to 10 employees were registered (83 companies more than the previous period). In the same period, 2,781 companies with 11 to 50 employees were registered (6 companies more than the previous period).

549 companies with 51 to 100 employees were registered in 2023 (12 companies less than the previous period). Likewise, 481 companies with more than 101 employees were registered (10 companies less than the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

#permalink to section

  • US$1.46M, FDI Jan-Mar 2024
  • US$994M, FDI Jan-1999 to Mar-2024

In the period January to March 2024, FDI from Nonresidential Building Construction was US$1.46M, distributed in inter-company debts (Confidential), reinvestment of earnings (Confidential), and equity Capital (Confidential).

Since January 1999 to March 2024, the accumulated amount of FDI in Nonresidential Building Construction was US$994M, distributed in equity Capital (US$749M), reinvestment of earnings (US$390M), and inter-company debts (-US$145M).

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

Foreign Direct Investment (FDI) by State

#permalink to section

Period Jan-Mar 2024: US$0

Period Jan-1999 to Mar-2024: US$448M, 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$448M), Quintana Roo (US$219M), and Jalisco (US$84.5M).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

#permalink to section

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

Main investing country between Jan-1999 and Mar-2024: Spain, US$335M

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 Spain (Confidential) and United States (US$314).

* Information download does not contain confidential data.

Specialization and Opportunity

#permalink to section

The states with the highest degree of development opportunity in Nonresidential Building Construction according to Relatedness were Ciudad de México (0.55), Nayarit (0.37), and Guanajuato (0.35). 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

#permalink to section

Average Age 2023-Q3: 49

Average Years of Schooling 2023-Q3: 2.81

The visualization shows the workforce of Nonresidential Building Construction by age group and years of schooling, comparing men and women.

The average age of men in the Nonresidential Building Construction workforce was 49 years, while the average schooling was 2.81 years during third quarter of 2023.

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