Sector (53)
2024-Q1: $2.78T MX, Gross Domestic Product
DENUE May 2024: 72,779, Economic units
Jan-Mar 2024: US$87.3M, Foreign Direct Investment
2024-Q1 : $6.53k MX, Average Monthly Salary
2024-Q1 : 306k, Workforce
2024-Q1 : 22.6%, Female Workforce
2024-Q1: 36.8, 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, Real Estate and Rental and Leasing registered 72,779 economic units. The states with the highest number of economic units were Estado de México (7,091), Ciudad de México (6,160), and Jalisco (5,316).
According to data from the Economic Census 2019, total gross production was $207B MX. The states with the highest total gross production were Ciudad de México ($63.2B MX) and Nuevo León ($21.2B MX).
For its part, total income reached $213B MX in 2019, being the states with the highest income Ciudad de México ($65.7B MX) and Nuevo León ($21.9B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Real Estate and Rental and Leasing the states with the highest affinity were Sinaloa (0.9), Baja California Sur (0.88), Chihuahua (0.86), San Luis Potosí (0.85), and Sonora (0.83).
During the first quarter of 2024 in Real Estate and Rental and Leasing the workforce was 306k people, 77.4% men and 22.6% women. In addition, the average monthly salary informed was $6.53k MX.
During the same period, occupations with the highest number of workers in Real Estate and Rental and Leasing 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 Real Estate and Rental and Leasing was concentrated in List Estado de México,Ciudad de México,Jalisco.
The average age of workers in Real Estate and Rental and Leasing in the first quarter of 2024 was 36.8 years. In the same period, the average schooling of the workforce of Real Estate and Rental and Leasing, was 11.2 years.
Average Monthly Salary 2024-Q1: $6.53k MX
Working population 2024-Q1: 306k
In the first quarter of 2024, the workforce in Real Estate and Rental and Leasing it was of 306k people, 77.4% men with a reported average monthly salary of $7.44k MX and 22.6% women with a salary of $3.43k MX.
Of the total employed population, 39.6% of the total workforce were formal workers with an average monthly salary of $9.38k MX, while he 60.4% corresponds to informal workers with an average salary of $4.67k 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 Real Estate and Rental and Leasing 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
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, 68,010 economic units were totaled in Real Estate and Rental and Leasing, highlighting Estado de México (6,680), Ciudad de México (5,679), and Jalisco (5,007).
Total gross production was $207B MX. The states with the highest total gross production were Ciudad de México ($63.2B MX) and Nuevo León ($21.2B MX).
Total income reached $213B MX in 2019, being the states with the highest income Ciudad de México ($65.7B MX) and Nuevo León ($21.9B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
In 2019, Real Estate and Rental and Leasing had a total of 68,010 economic units and the municipalities with the highest number of economic units were Guadalajara (1.37k), Puebla (1.29k), and Monterrey (1.13k).
Also, $208B MX in total income were registered and the municipalities with the highest income were Miguel Hidalgo ($24.4B MX), Monterrey ($11.3B MX), and Cuauhtémoc ($11.1B MX).
Total expenditure registered in 2019 was $100B MX and the municipalities with the highest expenditure were Miguel Hidalgo ($11B MX), Monterrey ($5.51B MX), and Cuauhtémoc ($5.15B MX).
In 2019 there were 242k employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (9.74k), Miguel Hidalgo (8.15k), and Álvaro Obregón (7.85k).
* 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 Real Estate and Rental and Leasing according to the number of employees.
According to DENUE data published in May 2024, 67,909 companies with 0 to 10 employees were registered (130 companies more than the previous period). In the same period, 4,311 companies with 11 to 50 employees were registered (156 companies less than the previous period).
351 companies with 51 to 100 employees were registered in 2024 (17 companies less than the previous period). Likewise, 208 companies with more than 101 employees were registered (17 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to March 2024, FDI from Real Estate and Rental and Leasing was US$87.3M, distributed in inter-company debts (US$48.9M), reinvestment of earnings (US$38.5M), and equity Capital (-US$21.6k).
Since January 1999 to March 2024, the accumulated amount of FDI in Real Estate and Rental and Leasing was US$14.1B, distributed in equity Capital (US$9.39B), inter-company debts (US$3.26B), and reinvestment of earnings (US$1.48B).
* 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$7.12B, 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$7.12B), Nuevo León (US$1.13B), and Quintana Roo (US$1.07B).
* 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$7.26B
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$38.9M), Australia (Confidential), and Canada (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Real Estate and Rental and Leasing were Baja California Sur (1.86), Quintana Roo (1.57), and Coahuila de Zaragoza (1.55). 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 Real Estate and Rental and Leasing according to Relatedness were Tabasco (0.6), Campeche (0.59), and Ciudad de México (0.48). 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: 36.8
Average Years of Schooling 2024-Q1: 11.2
The visualization shows the workforce of Real Estate and Rental and Leasing by age group and years of schooling, comparing men and women.
In the first quarter of 2024 in Real Estate and Rental and Leasing the average age for women was 40.7 years and the average schooling was 11.8 years.
The average age of men in the Real Estate and Rental and Leasing workforce was 35.6 years, while the average schooling was 11.1 years during first quarter of 2024.
* The visualization omits the range of schooling "Not Specified".
The visualization shows the percentage distribution of employed staff according to age range or educational level in economic units of different ages.
According to data from the Economic Census 2019, the economic units of the Real Estate and Rental and Leasing sector had 327,129 people employed, by age range 16,428 people up to 20 years old were registered, 92,374 people from 21 to 30 years old, 107,159 people from 31 to 40 years old and 111,168 people over 40 years old.
By educational level 5,434 people without education were registered, 104,643 people with basic education, 120,734 people with upper secondary education and 96,318 people with higher education.
The visualization shows the percentage distribution of staff turnover and permanence in companies of different sizes and ages, according to the option selected in the upper button.
According to data from the Economic Census 2019, employee turnover is 13.4% in companies with up to 10 people, 19% in companies with 11 to 50 people, 23.5% in companies with 51 to 250 people, and 33.6% in companies with 251 and more people.
According to data from the Economic Census 2019, the staff distribution who received training according to age range was 17.1% of staff with up to 20 years, 21.3% of staff between 21 and 30 years, 17.5% of staff between 31 and 40 years, and 15.3% of staff with 41 years or more.
According to the level of instruction, the distribution of trained staff was 20.9% of staff without intruction, 18.9% of staff with basic education, 15.2% of staff with upper secondary education, and 19.9% of staff with higher education.
According to data from the Economic Census 2019, the distribution of economic units according to size that had access to financing was 8.76% units with up to 10 people, 23.4% units with 11 to 50 people, 37.4% units with 51 to 250 people, and 45.8% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 11.8% of the recently created (up to 2 years) units, 10.1% of the youth (3 to 5 years) units, 8.48% of the adults (6 to 10 years) units, and 9.74% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Quintana Roo (16.1%), Nuevo León (13.9%), Baja California Sur (13.8%), Colima (13.5%), and Campeche (12.8%).
The visualization shows the percentage of economic units according to size or age according to the sources of financing or the uses they gave to the financing received.
In the chart, each level corresponds to a size or age of the company depending on the option selected in the upper button. The darker the box, the higher the percentage of economic units that are in that category.
According to data from the Economic Census 2019, the distribution of economic units that had a bank account was 28.6% units with up to 10 people, 79.9% units with 11 to 50 people, 93.8% units with 51 to 250 people, and 98.6% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were Baja California Sur (64.1%), Quintana Roo (63.7%), Nuevo León (53.6%), Ciudad de México (51%), and Baja California (48.9%).
The same information can be viewed for the economic units that had bank credit by changing the option selected in the upper button.
The visualization shows the percentage of economic units classified by size according to reasons for not having a bank account or credit.
In the chart, each level corresponds to a company size, the darker the box, the greater the percentage of economic units that are in that category. The categories represent the reasons why the companies did not have a bank account or credit, depending on the option selected in the upper button.
The visualization shows the percentage distribution of the economic units in the Real Estate and Rental and Leasing sector that had internet services.
According to data from the Economic Census 2019, the states with the highest percentage of economic units that had internet services were Quintana Roo (59.9%), Baja California Sur (55.6%), Nuevo León (46.2%), Ciudad de México (45%), and Baja California (44.4%).
The visualization shows the distribution of companies that had internet services or computer services according to the size or age of the economic units, depending on the options selected in the upper buttons.
According to data from the Economic Census 2019, the Real Estate and Rental and Leasing sector had 29.4% of economic units that had internet services and 33.7% of economic units that had computer services. The disaggregation by size or age of the units can be analyzed in the visualization.
The visualization shows where the economic units are concentrated depending on the use they make of the internet, according to the size or age of the company.
According to the size of the company, the economic units of 251 and more people that use the internet in banking and financial operations (98.5%) stand out in percentage terms.
According to the age of the company, adults (6 to 10 years) economic units that use the internet for search information for goods or services (84.9%) stand out.
The visualization shows the distribution of purchases and sales over the Internet and the distribution of monetary transactions according to the medium used in the transaction and the size of the companies.
According to data from the 2019 Economic Census, internet sales reached $30.2B MX and purchases were $18.9B MX. On the other hand, sales made in monetary transactions were $207B MX and purchases reached $94.4B MX.
The chart shows the main problems faced by economic units. With the upper selector it is possible to analyze the problems affecting companies according to their size. By default, the problems of economic units with up to 10 people are shown.
According to data from the Economic Census 2019, the main problems faced by the economic units of Real Estate and Rental and Leasing with up to 10 workers are public insecurity (22.4%), another problems (20%), high taxes (13.1%), and high expenses in service payments (8.57%).
According to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 55.1% units with up to 10 people, 87.7% units with 11 to 50 people, 91.4% units with 51 to 250 people, and 100% units with 251 and more people.
The states with the highest percentage of economic units that had an accounting system were Quintana Roo (74.8%), Baja California Sur (74.6%), Ciudad de México (68.8%), Baja California (68.7%), and Chihuahua (68.3%).
The chart shows the percentage of companies by size that used different mechanisms to control expenses and income in their operations.
According to data from the Economic Census 2019, the main expenses and income control mechanisms were accounting system developed by third parties (48.8%) in companies with up to 10 people, external accounting system (35.9%) in companies with 11 to 50 people, internally developed accounting system (57.8%) in companies with 51 to 250 people, and internally developed accounting system (73.6%) in companies with 251 and more people.
The visualization shows the percentage distribution of the economic units in the Real Estate and Rental and Leasing sector according to the amount of income from the supply of goods and services.
According to data from the Economic Census 2019, the states with the highest income from the supply of goods and services were list Ciudad de México ($63.2B MX),Nuevo León ($21.2B MX),Jalisco ($15.3B MX),Estado de México ($12.4B MX),Quintana Roo ($10.2B MX).
With the upper selector it is possible to see the distribution of expenses for consumption of goods and services, in addition to the amounts of purchases or sales over the internet.
The visualization shows the percentage of large economic units of the private and parastatal sector that had activities in 2018, according to compliance with the environmental standard.
In 2018, 2.24% of the large economic units complied with the environmental standard, 28.8% did not know if they complied with any environmental standard, and 68.9% did not comply with the environmental standard.
The visualization shows the percentage distribution of economic units in the private and parastatal sectors of Real Estate and Rental and Leasing that had staff in environmental protection activities by state.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units that had staff in environmental protection activities were Campeche (23.3%), Colima (11.5%), Nayarit (11.5%), Quintana Roo (10.7%), and Michoacán de Ocampo (9.52%).
According to data from the 2019 Economic Census, 31.1% of the large economic units in the Real Estate and Rental and Leasing sector separated their waste, highlighting the separation of paper (86.1%), plastic (70.5%), and metal (42.9%).
On the other hand, 1.58% of the large economic units applied some treatment to the wastewater generated in their activity. The main uses of the treated water were gardening and cleaning (0.78%), other uses of water (0.29%), and discharge to the public network (0.26%).
According to data from the Economic Census 2019, 6.64% of the large economic units in the Real Estate and Rental and Leasing sector made expenditures on environmental protection, highlighting expenditures in hiring of consultants and external services ($368M MX), ecosystem protection activities ($238M MX), and care and maintenance of the vehicle fleet ($117M MX).
On the other hand, 4.71% of the large economic units made investment in environmental protection. The main investments were in decrease energy consumption ($31.4M MX), sewer, drainage or sanitation ($16.3M MX), and care and maintenance of the vehicle fleet ($8.11M MX).
The visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of Real Estate and Rental and Leasing with innovation activities in at least one year between 2016 and 2018.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units with innovation activities in 2016, 2017 or 2018 were Campeche (11.6%), Estado de México (9.2%), Zacatecas (9.09%), Yucatán (7.89%), and Colima (7.69%).
According to data from the Economic Census 2019, 4.83% of the large economic units of the private and parastatal sector of Real Estate and Rental and Leasing had innovation activities in 2018.
Of the total staff employed in large economic units, 4.79% was employed in product innovation activities, 3.2% in process innovation, 2.36% in market innovation, 2.28% in organizational innovation, and 1.72% in innovation for technological adaptation and documentation.
The visualization shows the distribution of large economic units of the private and parastatal sector of Real Estate and Rental and Leasing that employed qualified staff in technological research and development activities in 2016, 2017 and 2018.
According to data from the Economic Census 2019, the lowercase Real Estate and Rental and Leasing Sector had 115 economic units that had qualified staff in technological research and development activities, 9 economic units had it for research and technological development in the field of Biotechnology and 6 economic units for research and technological development in Nanotechnology.
In the same year, 30 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 12 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.