Utility system Construction
Industry Group (2371)
2024-Q4: $2.32T MX, Gross Domestic Product
DENUE November 2024: 2,279, Economic units
Jan-Dec 2024: -US$2.47B, Foreign Direct Investment
In the fourth quarter of 2024 the gross domestic product was $2.32T MX, 0.16% less than the previous quarter.
According DENUE 2024, Utility system Construction registered 2,279 economic units. The states with the highest number of economic units were Ciudad de México (182), Veracruz de Ignacio de la Llave (156), and Jalisco (147).
For its part, total income reached $74.2B MX in 2019, being the states with the highest income Ciudad de México ($28.4B MX) and Tabasco ($9.5B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Utility system Construction the states with the highest affinity were Chihuahua (0.74), Sonora (0.73), Coahuila de Zaragoza (0.71), Nuevo León (0.7), and Baja California (0.67).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q4: $2.32T MX
Gross Domestic Product 2024: $2.27T MX
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In the fourth quarter of 2024, Construction recorded a gross domestic product of $2.32T MX, evidencing a drop of 0.16% compared to the previous quarter and a drop of 2.93% compared to the same period of the previous year.
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Production Indicators by State
#permalink to sectionAccording to data from the Economic Census 2019, 1,294 economic units were totaled in Utility system Construction, highlighting Ciudad de México (106), Jalisco (87), and Veracruz de Ignacio de la Llave (75).
Total income reached $74.2B MX in 2019, being the states with the highest income Ciudad de México ($28.4B MX) and Tabasco ($9.5B MX).
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Economic Units
#permalink to sectionThe visualization shows the number of economic units in Utility system Construction according to the number of employees.
According to DENUE data published in November 2024, 1,018 companies with 0 to 10 employees were registered (254 companies more than the previous period). In the same period, 982 companies with 11 to 50 employees were registered (63 companies more than the previous period).
147 companies with 51 to 100 employees were registered in 2024 (7 companies more than the previous period). Likewise, 132 companies with more than 101 employees were registered (1 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$2.47B, FDI Jan-Dec 2024
- US$7.8B, FDI Jan-1999 to Dec-2024
In the period January to December 2024, FDI from Utility system Construction was -US$2.47B, distributed in equity Capital (Confidential), reinvestment of earnings (-US$720M), and inter-company debts (-US$1.74B).
Since January 1999 to December 2024, the accumulated amount of FDI in Utility system Construction was US$7.8B, distributed in equity Capital (US$3.77B), reinvestment of earnings (US$3.46B), and inter-company debts (US$568M).
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Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Dec 2024: US$0
Period Jan-1999 to Dec-2024: US$1.75B, Nuevo León is the main receiving state
No FDI is recorded in the period January to December, 2024
Historically (from January 1999 to December2024) the states that have received the highest FDI are Nuevo León (US$1.75B), Tamaulipas (US$1.45B), and Oaxaca (US$782M).
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Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Dec 2024: ---, US$0
Main investing country between Jan-1999 and Dec-2024: Spain, US$3.5B
No FDI is recorded in the period January to December of 2024.
Historically (from January 1999 to December de 2024) the countries that contributed the most to FDI were United States (US$316M), United Kingdom (US$49.8M), and France (US$46.3M).
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Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Utility system Construction according to Relatedness were Querétaro (0.61), Jalisco (0.52), and Quintana Roo (0.45). 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).