Industry Group (2362)
2022-Q3: $2.07T MX, Gross Domestic Product
DENUE November 2022: 5,854, Economic units
Jan-Sep 2022: US$56.2M, Foreign Direct Investment
2022-Q4 : $6.95k MX, Average Monthly Salary
2022-Q4 : 1.43k, Workforce
2022-Q4: 25.7, Average Age
In the third quarter of 2022 the gross domestic product was $2.07T MX, 0.24% more than the previous quarter.
According DENUE 2022, Nonresidential Building Construction registered 5,854 economic units. The states with the highest number of economic units were Ciudad de México (473), Jalisco (467), and Nuevo León (450).
According to data from the Economic Census 2019, total gross production was $144B MX. The states with the highest total gross production were Ciudad de México ($24.6B MX) and Nuevo León ($16.6B MX).
For its part, total income reached $146B MX in 2019, being the states with the highest income Ciudad de México ($25B MX) and Nuevo León ($16.8B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Nonresidential 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 fourth quarter of 2022 in Nonresidential Building Construction the workforce was 1.43k people, 100% men and 0% women. In addition, the average monthly salary informed was $6.95k MX.
During the same period, occupations with the highest number of workers in Nonresidential Building Construction were Support Workers in Construction, Bricklayers, Stonemasons and Related, and Supervisors of Workers in Mining, Construction Workers and Building Finishes.
At the state level, the occupied population of Nonresidential Building Construction was concentrated in List Hidalgo,Baja California.
The average age of workers in Nonresidential Building Construction in the fourth quarter of 2022 was 25.7 years. In the same period, the average schooling of the workforce of Nonresidential Building Construction, was 8.61 years.
Average Monthly Salary 2022-Q4: $6.95k MX
Working population 2022-Q4: 1.43k
In the fourth quarter of 2022, the workforce in Nonresidential Building Construction it was of 1.43k people, 100% men with a reported average monthly salary of $6.95k MX and 0% women with a salary of $0 MX.
Of the total employed population, 7.62% of the total workforce were formal workers with an average monthly salary of $0 MX, while he 92.4% corresponds to informal workers with an average salary of $7.53k MX.
In the fourth quarter of 2022 the occupations with the highest number of workers were Support Workers in Construction, Bricklayers, Stonemasons and Related, and Supervisors of Workers in Mining, Construction Workers and Building Finishes.
At the state level, the workforce of Nonresidential Building Construction was concentrated on Hidalgo and Baja California.
Gross domestic product 2022-Q3: $2.07T MX
Gross Domestic Product 2021: $1.82T MX
* Data displayed corresponds to the sector Construction since the information at lower levels of disaggregation is not available.
In the third quarter of 2022, Construction recorded a gross domestic product of $2.07T MX, evidencing an increase of 0.24% compared to the previous quarter and an increase of 10.4% 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, 4,360 economic units were totaled in Nonresidential Building Construction, highlighting Jalisco (376), Ciudad de México (346), and Nuevo León (307).
Total gross production was $144B MX. The states with the highest total gross production were Ciudad de México ($24.6B MX) and Nuevo León ($16.6B MX).
Total income reached $146B MX in 2019, being the states with the highest income Ciudad de México ($25B MX) and Nuevo León ($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, Nonresidential Building Construction had a total of 3,471 economic units and the municipalities with the highest number of economic units were Guadalajara (148), Mérida (139), and Monterrey (138)
Total income eached $79.8B MX and the municipalities with the highest income were Chihuahua ($5.92B MX), Monterrey ($5.24B MX), and Guadalajara ($4.8B MX).
Total expenditures were $57.2B MX and the municipalities with the highest expenditures were Chihuahua ($4.23B MX), Monterrey ($4.15B MX), and Guadalajara ($3.5B MX).
On the other hand, in 2014 there were 118984 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (7.76k), Monterrey (5.76k), and Mérida (4.82k).
* 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 Nonresidential Building Construction according to the number of employees.
According to DENUE data published in November 2022, 2,803 companies with 0 to 10 employees were registered (18 companies less than the previous period). In the same period, 2,203 companies with 11 to 50 employees were registered (5 companies less than the previous period).
436 companies with 51 to 100 employees were registered in 2022 (3 companies less than the previous period). Likewise, 412 companies with more than 101 employees were registered (2 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to September 2022, FDI from Nonresidential Building Construction was US$56.2M, distributed in inter-company debts (US$43.2M), equity Capital (US$13.1M), and reinvestment of earnings (-US$15k).
Since January 1999 to September 2022, the accumulated amount of FDI in Nonresidential Building Construction was US$2.31B, distributed in equity Capital (US$1.61B), inter-company debts (US$401M), and reinvestment of earnings (US$300M).
* Confidential data is not shown in the chart (see information icon in the section).
* Due to the confidentiality of the data, the quarterly breakdown by type of investment does not show inter-company debts and reinvestment of earnings.
* Due to the confidentiality of the data, the annual breakdown by type of investment does not show reinvestment of earnings.
Period Jan-Sep 2022: US$42.8M, Nuevo León is the main receiving state
Period Jan-1999 to Sep-2022: US$547M, Nuevo León is the main receiving state
From January to September 2022, the states that received the highest FDI for Nonresidential Building Construction were Nuevo León (US$42.8M), Baja California (Confidential), and Veracruz de Ignacio de la Llave (Confidential).
Historically (from January 1999 to September2022) the states that have received the highest FDI are Nuevo León (US$547M), Quintana Roo (US$407M), and Mexico City (US$404M).
* Information download does not contain confidential data.
Main investing country between Jan-Sep 2022: United States, US$20.2M
Main investing country between Jan-1999 and Sep-2022: United States, US$1.08B
During January to September de 2022, the main countries of origin of FDI for Nonresidential Building Construction were United States (US$20.2M), Denmark (Confidential), and New Zealand (Confidential).
Historically (from January 1999 to September de 2022) the countries that contributed the most to FDI were United States (US$20.2M), Denmark (Confidential), and New Zealand (Confidential).
* Information download does not contain confidential data.
The Affinity-Complexity visualization compares the risk and strategic value of a potential industry's opportunities in a territory. Affinity is a predictor of the probability that a state increases its market size in an industry. Complexity is associated with higher levels of income, potential for economic growth, lower levels of inequality and lower emissions.
The states with the highest degree of development opportunity in Nonresidential Building Construction according to Relatedness were Ciudad de México (0.55), Nayarit (0.37), 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).
Average Age 2022-Q4: 25.7
Average Years of Schooling 2022-Q4: 8.61
The visualization shows the workforce of Nonresidential Building Construction by age group and years of schooling, comparing men and women.
The average age of men in the Nonresidential Building Construction workforce was 25.7 years, while the average schooling was 8.61 years during fourth quarter of 2022.
* The visualization omits the range of schooling "Not Specified".