Residential Building Construction
Industry Group (2361)
2024-Q2: $2.39T MX, Gross Domestic Product
Jan-Sep 2024: US$3.23M, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $2.39T MX, 10.9% more than the previous quarter.
According to data from the Economic Census 2019, total gross production was $106B MX. The states with the highest total gross production were Nuevo León ($14B MX) and Jalisco ($12.2B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Residential 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 first quarter of 2025 in Residential Building Construction the workforce was N/A people, N/A% men and N/A% women. In addition, the average monthly salary informed was N/A.
At the state level, the occupied population of Residential Building Construction was concentrated in List Jalisco,Estado de México,Chiapas.
Employment
#permalink to sectionSalaries and Workforce
#permalink to sectionAverage Monthly Salary 2025-Q1: N/A
Working population 2025-Q1: N/A
In the first quarter of 2025, the workforce in Residential Building Construction it was of N/A people, N/A% men with a reported average monthly salary of N/A and N/A% women with a salary of N/A.
Of the total employed population, N/A% of the total workforce were formal workers with an average monthly salary of N/A, while he N/A% corresponds to informal workers with an average salary of N/A.
Salaries and Workforce by Occupations and States
#permalink to sectionAt the state level, the workforce of Residential Building Construction was concentrated on Jalisco, Estado de México, and Chiapas.
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $2.39T 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 second quarter of 2024, Construction recorded a gross domestic product of $2.39T MX, evidencing an increase of 10.9% compared to the previous quarter and an increase of 11.5% 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 sectionTotal gross production was $106B MX. The states with the highest total gross production were Nuevo León ($14B MX) and Jalisco ($12.2B 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 sectionAccording to dato from Economic Census 2014, Residential Building Construction had a total of 7,887 economic units and the municipalities with the highest number of economic units were Mérida (381), Guadalajara (336), and San Luis Potosí (315)
Total income eached $211B MX and the municipalities with the highest income were Miguel Hidalgo ($17.9B MX), Monterrey ($15.8B MX), and Álvaro Obregón ($12B MX).
Total expenditures were $145B MX and the municipalities with the highest expenditures were Monterrey ($11.9B MX), Miguel Hidalgo ($11.7B MX), and Álvaro Obregón ($8.13B MX).
On the other hand, in 2014 there were 329043 employees dependent on economic units and the municipalities with the highest number of employees were Mérida (17.1k), Monterrey (16.6k), and Guadalajara (15k).
* 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 sectionThe visualization shows the number of economic units in Residential Building Construction according to the number of employees.
According to DENUE data published in May 2025, 2,437 companies with 0 to 10 employees were registered (1,506 companies less than the previous period). In the same period, 1,705 companies with 11 to 50 employees were registered (1,319 companies less than the previous period).
352 companies with 51 to 100 employees were registered in 2025 (69 companies less than the previous period). Likewise, 363 companies with more than 101 employees were registered (35 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
Investment
#permalink to sectionForeign Direct Investment (FDI)
#permalink to section- US$3.23M, FDI Jan-Sep 2024
- US$712M, FDI Jan-1999 to Sep-2024
In the period January to September 2024, FDI from Residential Building Construction was US$3.23M, distributed in equity Capital (Confidential), reinvestment of earnings (Confidential), and inter-company debts (-US$1.51M).
Since January 1999 to September 2024, the accumulated amount of FDI in Residential Building Construction was US$712M, distributed in equity Capital (US$547M), reinvestment of earnings (US$93.8M), and inter-company debts (US$71.9M).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Sep 2024: US$0
Period Jan-1999 to Sep-2024: US$316M, Mexico City is the main receiving state
No FDI is recorded in the period January to September, 2024
Historically (from January 1999 to September2024) the states that have received the highest FDI are Mexico City (US$316M), Nuevo León (US$85.3M), and Estado de México (US$67.8M).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Sep 2024: ---, US$0
Main investing country between Jan-1999 and Sep-2024: Belgium, US$322M
No FDI is recorded in the period January to September of 2024.
Historically (from January 1999 to September de 2024) the countries that contributed the most to FDI were Colombia (Confidential), Venezuela (Confidential), and Panama (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Residential Building Construction according to Relatedness were Ciudad de México (0.55), Tabasco (0.4), 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).
Diversity
#permalink to sectionWorkforce by Schooling Years, Age Range and Gender
#permalink to sectionAverage Age 2025-Q1: N/A
Average Years of Schooling 2025-Q1: 9.02
The visualization shows the workforce of Residential Building Construction by age group and years of schooling, comparing men and women.
* The visualization omits the range of schooling "Not Specified".