Industry Group (4652)
2024-Q2: $3.43T MX, Gross Domestic Product
DENUE May 2024: 39,662, Economic units
Jan-Jun 2024: -US$51.9M, Foreign Direct Investment
2024-Q1 : $3.58k MX, Average Monthly Salary
2024-Q1 : 233k, Workforce
2024-Q1 : 63.7%, Female Workforce
2024-Q1: 46, Average Age
In the second quarter of 2024 the gross domestic product was $3.43T MX, 6.92% more than the previous quarter.
According DENUE 2024, Retail Trade of Articles for Recreation registered 39,662 economic units. The states with the highest number of economic units were Ciudad de México (5,255), Estado de México (5,153), and Jalisco (3,454).
According to data from the Economic Census 2019, total gross production was $35.5B MX. The states with the highest total gross production were Ciudad de México ($9.91B MX) and Estado de México ($6.42B MX).
For its part, total income reached $100B MX in 2019, being the states with the highest income Ciudad de México ($27.4B MX) and Estado de México ($16.8B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Articles for Recreation the states with the highest affinity were Querétaro (0.7), Nuevo León (0.67), Jalisco (0.65), Chihuahua (0.61), and Aguascalientes (0.61).
During the first quarter of 2024 in Retail Trade of Articles for Recreation the workforce was 233k people, 36.3% men and 63.7% women. In addition, the average monthly salary informed was $3.58k MX.
During the same period, occupations with the highest number of workers in Retail Trade of Articles for Recreation were Peddlers of Various Items (Excluding Food Sales), Traders in Stores, and Preparers and Street Food Vendors.
At the state level, the occupied population of Retail Trade of Articles for Recreation was concentrated in List Estado de México,Ciudad de México,Veracruz de Ignacio de la Llave.
The average age of workers in Retail Trade of Articles for Recreation in the first quarter of 2024 was 46 years. In the same period, the average schooling of the workforce of Retail Trade of Articles for Recreation, was 9.32 years.
Average Monthly Salary 2024-Q1: $3.58k MX
Working population 2024-Q1: 233k
In the first quarter of 2024, the workforce in Retail Trade of Articles for Recreation it was of 233k people, 36.3% men with a reported average monthly salary of $3.33k MX and 63.7% women with a salary of $3.73k MX.
Of the total employed population, 2.26% of the total workforce were formal workers with an average monthly salary of $7.7k MX, while he 97.7% corresponds to informal workers with an average salary of $3.49k MX.
In the first quarter of 2024 the occupations with the highest number of workers were Peddlers of Various Items (Excluding Food Sales), Traders in Stores, and Preparers and Street Food Vendors.
At the state level, the workforce of Retail Trade of Articles for Recreation was concentrated on Estado de México, Ciudad de México, and Veracruz de Ignacio de la Llave.
Gross domestic product 2024-Q2: $3.43T MX
Gross Domestic Product 2023: $3.17T MX
* Data displayed corresponds to the sector Retail Trade since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Retail Trade recorded a gross domestic product of $3.43T MX, evidencing an increase of 6.92% compared to the previous quarter and an increase of 7.32% 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, 36,728 economic units were totaled in Retail Trade of Articles for Recreation, highlighting Ciudad de México (5,073), Estado de México (4,797), and Jalisco (3,153).
Total gross production was $35.5B MX. The states with the highest total gross production were Ciudad de México ($9.91B MX) and Estado de México ($6.42B MX).
Total income reached $100B MX in 2019, being the states with the highest income Ciudad de México ($27.4B MX) and Estado de México ($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.
According to dato from Economic Census 2014, Retail Trade of Articles for Recreation had a total of 88,779 economic units and the municipalities with the highest number of economic units were Cuauhtémoc (4.31k), Guadalajara (3.08k), and Puebla (2.21k)
Total income eached $86.9B MX and the municipalities with the highest income were Cuauhtémoc ($9.72B MX), Benito Juárez ($3.97B MX), and Monterrey ($3.27B MX).
Total expenditures were $70.5B MX and the municipalities with the highest expenditures were Cuauhtémoc ($8.19B MX), Benito Juárez ($3.44B MX), and Miguel Hidalgo ($2.63B MX).
On the other hand, in 2014 there were 175410 employees dependent on economic units and the municipalities with the highest number of employees were Cuauhtémoc (10.6k), Guadalajara (7.22k), and Puebla (4.18k).
* 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 Retail Trade of Articles for Recreation according to the number of employees.
According to DENUE data published in May 2024, 38,696 companies with 0 to 10 employees were registered (171 companies more than the previous period). In the same period, 907 companies with 11 to 50 employees were registered (43 companies more than the previous period).
42 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 17 companies with more than 101 employees were registered (1 companies more than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Retail Trade of Articles for Recreation was -US$51.9M, distributed in reinvestment of earnings (US$3.66M), equity Capital (US$0), and inter-company debts (Confidential).
Since January 1999 to June 2024, the accumulated amount of FDI in Retail Trade of Articles for Recreation was -US$14.1M, distributed in reinvestment of earnings (US$15.3M), equity Capital (US$4.87M), and inter-company debts (-US$34.3M).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$2.74M, Estado de México is the main receiving state
No FDI is recorded in the period January to June, 2024
Historically (from January 1999 to June2024) the states that have received the highest FDI are Estado de México (US$2.74M), Baja California (US$1.03M), and Baja California Sur (US$83.2k).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: Argentina, US$1.64M
No FDI is recorded in the period January to June of 2024.
Historically (from January 1999 to June de 2024) the countries that contributed the most to FDI were Argentina (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 Retail Trade of Articles for Recreation were Ciudad de México (1.55), Guanajuato (1.34), and Querétaro (1.32). 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 Retail Trade of Articles for Recreation according to Relatedness were Nuevo León (0.67), Chihuahua (0.61), and Coahuila de Zaragoza (0.59). 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: 46
Average Years of Schooling 2024-Q1: 9.32
The visualization shows the workforce of Retail Trade of Articles for Recreation by age group and years of schooling, comparing men and women.
In the first quarter of 2024 in Retail Trade of Articles for Recreation the average age for women was 46.7 years and the average schooling was 9.74 years.
The average age of men in the Retail Trade of Articles for Recreation workforce was 44.8 years, while the average schooling was 8.57 years during first quarter of 2024.
* The visualization omits the range of schooling "Not Specified".