ProceduresGovernment

Manufacturing

Sector (31-33)

 2024-Q4: $6.79T MX, Gross Domestic Product

Jan-Dec 2024: US$19.9B, Foreign Direct Investment

2024-Q3 : 43.6%, Female Workforce

2024-Q3: 35.1, Average Age

In the fourth quarter of 2024 the gross domestic product was $6.79T MX, N/A% N/A the previous quarter.

According to data from the Economic Census 2019, total gross production was $10.8T MX. The states with the highest total gross production were Nuevo León ($1.33T MX) and Estado de México ($1.18T MX).

During the third quarter of 2024 in Manufacturing the workforce was N/A people, 56.4% men and 43.6% women. In addition, the average monthly salary informed was N/A.

During the same period, occupations with the highest number of workers in Manufacturing were Other Industrial Machinery Operators, Assemblers and Transport Drivers, not elsewhere Classified, Technical Maintenance and Repair of Machinery and Industrial Instruments, and Supervisors of Industrial Machinery Operators.

At the state level, the occupied population of Manufacturing was concentrated in List San Luis Potosí,Sonora,Nuevo León.

The average age of workers in Manufacturing in the third quarter of 2024 was 35.1 years. In the same period, the average schooling of the workforce of Manufacturing, was N/A years.

Salaries and Workforce

#permalink to section

Average Monthly Salary 2024-Q3: N/A

Working population 2024-Q3: N/A

In the third quarter of 2024, the workforce in Manufacturing it was of N/A people, 56.4% men with a reported average monthly salary of $3.08k MX and 43.6% women with a salary of $4.27k MX.

Of the total employed population, 93.6% of the total workforce were formal workers with an average monthly salary of $3.79k MX, while he 6.43% corresponds to informal workers with an average salary of $900 MX.

Salaries and Workforce by Occupations and States

#permalink to section

In the third quarter of 2024 the occupations with the highest number of workers were Other Industrial Machinery Operators, Assemblers and Transport Drivers, not elsewhere Classified, Technical Maintenance and Repair of Machinery and Industrial Instruments, and Supervisors of Industrial Machinery Operators.

At the state level, the workforce of Manufacturing was concentrated on San Luis Potosí, Sonora, and Nuevo León.

Gross Domestic Product

#permalink to section

Gross domestic product 2024-Q4: $6.79T MX

Gross Domestic Product 2024: $6.66T MX

In the fourth quarter of 2024, Manufacturing recorded a gross domestic product of $6.79T MX, evidencing N/A of N/A% compared to the previous quarter and N/A of N/A% compared to the same period of the previous year.

N/A

Production Indicators by State

#permalink to section

Total gross production was $10.8T MX. The states with the highest total gross production were Nuevo León ($1.33T MX) and Estado de México ($1.18T MX).

N/A

Economic Units

#permalink to section

The visualization shows the number of economic units in Manufacturing according to the number of employees.

According to DENUE data published in November 2024, 0 companies with 0 to 10 employees were registered (equal number of companies as the previous period). In the same period, 0 companies with 11 to 50 employees were registered (equal number of companies as the previous period).

0 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 0 companies with more than 101 employees were registered (equal number of companies as the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

#permalink to section

  • US$19.9B, FDI Jan-Dec 2024
  • US$375B, FDI Jan-1999 to Dec-2024

In the period January to December 2024, FDI from Manufacturing was US$19.9B, distributed in reinvestment of earnings (US$15.4B), inter-company debts (US$3.86B), and equity Capital (US$607M).

Since January 1999 to December 2024, the accumulated amount of FDI in Manufacturing was US$375B, distributed in equity Capital (US$136B), reinvestment of earnings (US$134B), and inter-company debts (US$105B).

N/A

Foreign Direct Investment (FDI) by State

#permalink to section

Period Jan-Dec 2024: US$0

Period Jan-1999 to Dec-2024: US$54.1B, Mexico City 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 Mexico City (US$54.1B), Nuevo León (US$50.7B), and Estado de México (US$38.7B).

N/A

Foreign Direct Investment (FDI) Origin

#permalink to section

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

Main investing country between Jan-1999 and Dec-2024: United States, US$164B

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$4.3B), Japan (US$4.05B), and Germany (US$3.39B).

N/A

Specialization and Opportunity

#permalink to section

Workforce by Schooling Years, Age Range and Gender

#permalink to section

Average Age 2024-Q3: 35.1

Average Years of Schooling 2024-Q3: N/A

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

In the third quarter of 2024 in Manufacturing the average age for women was 37.3 years and the average schooling was N/A years.

The average age of men in the Manufacturing workforce was 33.5 years, while the average schooling was N/A years during third quarter of 2024.

N/A