Personal Care Services

Industry Group (8121)

 2020-Q4: $410B MX, Gross Domestic Product

DENUE-2020: 472,536, Economic units

Jan-Dec 2020: US$0, Foreign Direct Investment

2020-Q4 : $4.2k MX, Average Monthly Salary

2020-Q4 : 839k, Workforce

2020-Q4 : 71.7%, Female Workforce

2020-Q4: 37.3, Average Age

In the fourth quarter of 2020 the gross domestic product was $410B MX, 1.22% more than the previous quarter.

In 2019, in Personal Care Services the states with the highest number of economic units were Estado de México (30,811), Ciudad de México (20,738), and Jalisco (17,654). In the same period, the states with the highest added value were Ciudad de México ($3.28B MX), Estado de México ($2.13B MX), and Jalisco ($1.7B MX).

In Personal Care Services the states with the highest production were Ciudad de México ($6.22B MX), Estado de México ($3.97B MX), and Jalisco ($3.22B MX). In the same period, an income were registered and distributed mainly in Ciudad de México ($6.22B MX), Estado de México ($3.97B MX), and Jalisco ($3.22B MX).

In 2019, in Personal Care Services the states with the highest level of investment in the same period were Jalisco ($82.7M MX), Estado de México ($65M MX), and Nuevo León ($56.9M MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Personal Care Services the states with the highest affinity were Nuevo León (0.76), Chihuahua (0.75), Coahuila de Zaragoza (0.72), Sonora (0.72), and Baja California (0.71).

During the fourth quarter of 2020 in Personal Care Services the workforce was 839k, 28.3% men and 71.7% women. In addition, the average monthly salary informed was $5.3k MX for men and $3.77k MX for women.

During the same period, occupations with the highest number of workers in Personal Care Services were Hairdressers, Barbers, Stylists and Hairdressers, Makeup Artists, Manicurists, Pedicurists and Tattooists, and Launderers Establishments and the states with the largest workforce were Estado de México, Ciudad de México, and Jalisco.

The average age of workers in Personal Care Services in the fourth quarter of 2020 was 37.7 years in women and 36.4 years in men. In the same period, the average years of schooling in Personal Care Services, was 11.3 years in women and 10.8 years in men.

Salaries and Workforce

#permalink to section

Average Monthly Salary 2020-Q4: $4.2k MX

Working population 2020-Q4: 839k

In the fourth quarter of 2020, the workforce in Personal Care Services it was of 839k, 28.3% men with a reported average monthly salary of $5.3k MX and 71.7% women with a salary of $3.77k MX.

Of the total employed population, 20.8% of the total workforce were formal workers with an average monthly salary of $5k MX, while he 79.2% corresponds to informal workers with an average salary of $3.99k MX.

Salaries and Workforce by Occupations and States

#permalink to section

In the fourth quarter of 2020 the occupations with the highest number of workers were Hairdressers, Barbers, Stylists and Hairdressers, Makeup Artists, Manicurists, Pedicurists and Tattooists, and Launderers Establishments.

At the state level, the workforce of Personal Care Services was concentrated on Estado de México, Ciudad de México, and Jalisco.

Gross Domestic Product

#permalink to section
info-sign

Gross domestic product 2020-Q4: $410B MX

Gross Domestic Product 2020: $1.62T MX

* Data displayed corresponds to the sector Other Services (Except Public Administration) since the information at lower levels of disaggregation is not available.

In the fourth quarter of 2020, Other Services (Except Public Administration) recorded a gross domestic product of $410B MX, evidencing an increase of 1.22% compared to the previous quarter and a drop of 11.3% 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 section

In 2019, the states with the highest number of economic units were Estado de México (30,811), Ciudad de México (20,738), and Jalisco (17,654) in Personal Care Services. In addition, the states with the highest total gross production were Ciudad de México ($6.22B MX), Estado de México ($3.97B MX), and Jalisco ($3.22B MX).

In the same period, total income was $36.1B MX and the states with the highest income were Ciudad de México ($6.22B MX), Estado de México ($3.97B MX), and Jalisco ($3.22B MX). Total investment was $754 MX and the states with the highest investment were N/A. Lastly, Personal Care Services registered $19B MX of gross census value added and the states with the highest census gross value added were Ciudad de México ($3.28B MX), Estado de México ($2.13B MX), and Jalisco ($1.7B 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 section

In 2014, Personal Care Services had a total of 171,113 economic units and the municipalities with the highest number of economic units were Guadalajara (3.81k), Iztapalapa (3.45k), and Puebla (3.11k), also pesoMX 18431707992.188633 in total income were registered and municipalities with the highest income were Cuauhtémoc ($532M MX), Guadalajara ($509M MX), and Tijuana ($445M MX).

In the same period, Personal Care Services had $8.63B MX in total expenditures and the municipalities with the highest expenditures were Guadalajara ($252M MX), Cuauhtémoc ($249M MX), and Tijuana ($232M MX). On the other hand, in 2014 there were 218641 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (5.82k), Iztapalapa (4.64k), and Puebla (4.61k).

* 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 companies according to the number of employees.

In 2020, 471,074 companies with 0-10 employees were registered, evidencing an increase of 10.3% (426,920) compared to the previous year. In the same period, 1,445 companies with 11-50 employees, evidencing an increase of 17.4% (1,231) compared to the previous year.

In 2020, 13 companies with 51-100 employees were registered, evidencing an increase of 44.4% (9) compared to the previous year. In the same period, 4 companies with more than 101 employees were registered, evidencing a drop of 0% (4) compared to the previous year.

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

#permalink to section
info-sign

  • US$0, FDI Jan-Dec 2020
  • -US$2.68M, FDI Jan-1999 to Dec-2020

In the period january to december 2020, no foreign direct investment was registered in Personal Care Services.

Since January 1999 to December 2020, the accumulated amount of Foreign Direct Investment in Personal Care Services was -US$2.68M, distributed in reinvestment of earnings (US$0), inter-company debts (-US$322k), and equity Capital (-US$2.35M).

* Some periods have been anonymized so there may be inconsistencies between the graph and the values indicated in the paragraphs.

info-sign

Period Jan-1999 to Dec-2020: US$232k, Jalisco is the main receiving state

No Foreign Direct Investment is recorded in the period January to December, 2020

Historically (from January 1999 to December2020) the states that have received the highest Foreign Direct Investment are Jalisco (US$232k), Yucatán (US$137k), and Baja California Sur (US$96.4k).

Foreign Direct Investment (FDI) Origin

#permalink to section
info-sign

Periodo Jan-Dec 2020: ---, US$0

Main investing country between Jan-1999 and Dec-2020: South Korea, US$632k

No Foreign Direct Investment is recorded in the period January to December of 2020.

Historically (from January 1999 to December de 2020) the countries that contributed the most to Foreign Direct Investment were United States (Confidential).

Diversification Frontier

#permalink to section

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.

Specialization and Opportunity

#permalink to section

In 2020, the states with the highest degree of specialization in Personal Care Services were Nuevo León (1.35), Baja California (1.34), and Sonora (1.22). 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.

In 2020, the states with the highest degree of development opportunity in Personal Care Services according to Relatedness were Baja California Sur (0.54), Campeche (0.43), and Quintana Roo (0.41). 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).

Workforce by Schooling Years, Age Range and Gender

#permalink to section

Average Age 2020-Q4: 37.3

Average Years of Schooling 2020-Q4: 11.2

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

In fourth quarter of 2020 in Personal Care Services, women averaged 37.7 years and 36.4 years for men.

During the same period, the average number of years of schooling in women was 11.3 years and in men 10.8 years.

* The visualization omits the range of schooling "Not Specified".