Accountants and Auditors

Occupation (2121) - 2021-Q1

  • 396k, Workforce
  • $6.43k MX, Average monthly salary
  • 41.6, Average age
  • 40.1, Weekly hours worked
  • 4.98, Weekly days worked
  • 3.39%, Workforce with second job
  • 8.01%, Informal Workforce
  • 16.6, Average years of Schooling

About Accountants and Auditors

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The workforce of Accountants and Auditors during first quarter of 2021 was 396k people, whose salary averaged $6.43k MX working around 40.1 hours per week.

The average age of Accountants and Auditors was 41.6 years. The workforce was distributed in 50% men with an average salary of $6.64k MX and, 50% women with average salary of $6.21k MX.

The best average salaries received by Accountants and Auditors were in Baja California Sur ($13.3k MX), Campeche ($12.2k MX), and Tamaulipas ($11.9k MX) while the workforce was larger in Ciudad de México (49.6k), Estado de México (42.8k), and Jalisco (37.6k).

In terms of industries, the best average salaries were in Accounting, Tax Preparation, Bookkeeping, and Payroll Services ($38.9k MX), Support Activities for Mining ($30k MX), and General Hospital ($24.3k MX), while the workforce was concentrated on Legal Services (181k), Regulation and Promotion of Economic Development (5.95%), and Public Administration (3.93%).

54.6% of the total informal workers correspond to women with an average salary of $5.31k MX and 45.4% to men with an average salary of $4.84k MX.

At the level of states, Hidalgo had the highest percentage of informal workers with 37.1% corresponding to 2.38k from 6.4k workers, while the state with the lowest percentage of informal workers was Coahuila de Zaragoza with a 2.13% corresponding to 311 from 14.6k workers.

Workforce and Salaries Evolution

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  • 396k, Workforce 2021-Q1
  • $6.43k MX, Average monthly salary 2021-Q1

At first quarter of 2021, the people who worked as Accountants and Auditors were 396k being a 2.7% lower than the fourth quarter of 2020. (407k).

In the same period, an average salary of $6.43k MX was observed, registering a drop of 1.52%, compared to the fourth quarter of 2020 ($6.53k MX).

Workforce by State

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Top 1 Workforce 2021-Q1: 49.6k, Ciudad de México

Greater Increase in Workforce 2019-Q4/ 2021-Q1: 7.66k, Sonora

Greater Decrease in Workforce 2019-Q4 / 2021-Q1: 51k, Estado de México

The states with the highest number of Accountants and Auditors during the first quarter of 2021 were Ciudad de México (49.6k), Estado de México (42.8k), and Jalisco (37.6k)

Comparing the first quarter of 2020 and the first quarter of 2021, the main positive variations occurred in Sonora and Jalisco with an increase of 7.66k (53.5%) and 5.77k (18.1%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Ciudad de México with a decrease of 51k (54.4%) and 26.9k (35.2%), respectively.

Salaries by State

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Top 1 Average Salary 2021-Q1: $13.3k MX, Baja California Sur

Greater Salary Increase 2020-Q1 / 2021-Q1: $3.45k MX, Tabasco

Greater Salary Decrease 2020-Q1 / 2021-Q1: $7.02k MX, Nuevo León

The states with the best average salaries for Accountants and Auditors during first quarter of 2021 were Baja California Sur ($13.3k MX), Campeche ($12.2k MX), and Tamaulipas ($11.9k MX)

Comparing the first quarter of 2020 and the first quarter of 2021, the positive salary growth was higher in Tabasco and Aguascalientes with an increase of $3.45k MX (48.8%) and $3.33k MX (78.3%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Nuevo León and Chihuahua with a decrease of $7.02k MX (45.4%) and $6.01k MX (43.8%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2021-Q1

  • 39.1, Women
  • 44.1, Men

At first quarter of 2021, the male workforce in Accountants and Auditors represented the 50% of the employed population and women 50%. The male workforce was higher in the age group of 35 to 44 years (52.1k), while the female workforce was higher in the age group of 25 to 34 years (63.3k).

The highest average salary was $7.9k MX received by women from 45 to 54 years, while the lowest average salary was $4.42k MX received by men from 25 to 34 years.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Average Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2021-Q1)

  • 16.5, Women
  • 16.7, Men

During the first quarter of 2021, male and female workforce in Accountants and Auditors was concentrated in the educational segment with 16 to 18 years of schooling (186k men and 188k women).

The highest average salary was $6.73k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $6.19k MX received by women with 16 to 18 years of schooling.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Accountants and Auditors in different industries and economic sectors.

At first quarter of 2021, the workforce was higher in Legal Services (57.4%), Regulation and Promotion of Economic Development (5.95%), and Public Administration (3.93%).

In the same period, the best average salaries were received in Accounting, Tax Preparation, Bookkeeping, and Payroll Services ($38.9k MX), Support Activities for Mining ($30k MX), and General Hospital ($24.3k MX).

Labor Informality

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Labor Informality

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Labor Informality 2021-Q1

  • 8.01%, Accountants and Auditors
  • 55.1%, Average Informality in Mexico

During the first quarter of 2021, the labor informality of Accountants and Auditors reached a 8.01%, which implied an increase from 0.98 percentage points compared to the fourth quarter of 2020  (7.02%) and a decrease from 0.9 percentage points compared to the same period of the previous year (8.91%).

The labor informality of this occupation was lower than informality at the country level in 47.1 percentage points during the first quarter of 2021.

Labor Informality by State

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Greater Labor Informality: 37.1%, Hidalgo

Less Labor Informality: 2.13 %, Coahuila de Zaragoza

At first quarter of 2021, the states with the highest rate of labor informality in Accountants and Auditors were Hidalgo (37.1%), Tlaxcala (33.7%), and Puebla (21.2%).

The states with the lowest informality rate were Zacatecas (2.93%), Nuevo León (2.7%), and Coahuila de Zaragoza (2.13%).

Labor Informality by Age and Education

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Workforce

The workforce of Accountants and Auditors during the first quarter of 2021 was higher in the age group with 25 to 34 years concentrating 112k workers of which 88.7% corresponds to formal employment (99.8k) and 11.3% to informal employment (12.7k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 374k workers of which 92%  corresponds to formal employment (344k) and 8.05% corresponds to informal employment (30.1k).