ProceduresGovernment

Building Equipment Contractors

Industry Group (2382)

 2022-Q1: $1.95T MX, Gross Domestic Product

DENUE May 2020: 4,376, Economic units

Jan-Jun 2022: -US$20.4M, Foreign Direct Investment

2022-Q1 : $6.07k MX, Average Monthly Salary

2022-Q1 : 2.24M, Workforce

2022-Q1 : 1.05%, Female Workforce

2022-Q1: 39.8, Average Age

In the first quarter of 2022 the gross domestic product was $1.95T MX, 5.13% more than the previous quarter.

According DENUE 2021, Building Equipment Contractors registered 4,376 economic units. The states with the highest number of economic units were Ciudad de México (699), Estado de México (448), and Nuevo León (317).

According to data from the Economic Census 2019, total gross production was $35.7B MX. The states with the highest total gross production were Ciudad de México ($11.4B MX) and Nuevo León ($4.13B MX).

For its part, total income reached $37.4B MX in 2019, being the states with the highest income Ciudad de México ($12B MX) and Nuevo León ($4.33B MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Building Equipment Contractors the states with the highest affinity were Chihuahua (0.77), Nuevo León (0.77), Sonora (0.74), Coahuila de Zaragoza (0.73), and Baja California (0.71).

During the first quarter of 2022 in Building Equipment Contractors the workforce was 2.24M people, 99% men and 1.05% women. In addition, the average monthly salary informed was $6.07k MX.

During the same period, occupations with the highest number of workers in Building Equipment Contractors were Support Workers in Construction, Bricklayers, Stonemasons and Related, and Electricians and Linemen.

At the state level, the occupied population of Building Equipment Contractors was concentrated in List Estado de México,Puebla,Veracruz de Ignacio de la Llave.

The average age of workers in Building Equipment Contractors in the first quarter of 2022 was 39.8 years. In the same period, the average schooling of the workforce of Building Equipment Contractors, was 8.14 years.

Salaries and Workforce

#permalink to section

Average Monthly Salary 2022-Q1: $6.07k MX

Working population 2022-Q1: 2.24M

In the first quarter of 2022, the workforce in Building Equipment Contractors it was of 2.24M people, 99% men with a reported average monthly salary of $6.08k MX and 1.05% women with a salary of $5.29k MX.

Of the total employed population, 5.62% of the total workforce were formal workers with an average monthly salary of $9.35k MX, while he 94.4% corresponds to informal workers with an average salary of $5.88k MX.

Salaries and Workforce by Occupations and States

#permalink to section

In the first quarter of 2022 the occupations with the highest number of workers were Support Workers in Construction, Bricklayers, Stonemasons and Related, and Electricians and Linemen.

At the state level, the workforce of Building Equipment Contractors was concentrated on Estado de México, Puebla, and Veracruz de Ignacio de la Llave.

Gross Domestic Product

#permalink to section

Gross domestic product 2022-Q1: $1.95T MX

Gross Domestic Product 2021: $1.79T MX

* Data displayed corresponds to the sector Construction since the information at lower levels of disaggregation is not available.

In the first quarter of 2022, Construction recorded a gross domestic product of $1.95T MX, evidencing an increase of 5.13% compared to the previous quarter and an increase of 14.2% 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

According to data from the Economic Census 2019,  4,022 economic units were totaled in Building Equipment Contractors, highlighting Ciudad de México (675), Estado de México (419), and Nuevo León (277).

Total gross production was $35.7B MX. The states with the highest total gross production were Ciudad de México ($11.4B MX) and Nuevo León ($4.13B MX).

Total income reached $37.4B MX in 2019, being the states with the highest income Ciudad de México ($12B MX) and Nuevo León ($4.33B 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

According to dato from Economic Census 2014, Building Equipment Contractors had a total of 3,168 economic units and the municipalities with the highest number of economic units were Monterrey (138), Benito Juárez (113), and Guadalajara (113)

Total income eached $6.66B MX and the municipalities with the highest income were Benito Juárez ($444M MX), Monterrey ($373M MX), and Hermosillo ($354M MX).

Total expenditures were $3.84B MX and the municipalities with the highest expenditures were Benito Juárez ($276M MX), Monterrey ($205M MX), and Guadalajara ($197M MX).

On the other hand, in 2014 there were 25697 employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (1.71k), Guadalajara (1.43k), and Hermosillo (1.33k).

* 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.

Economic Units

#permalink to section

The visualization shows the number of economic units in Building Equipment Contractors according to the number of employees.

According to DENUE data published in May 2022, 3,339 companies with 0 to 10 employees were registered (8 companies less than the previous period). In the same period, 898 companies with 11 to 50 employees were registered (8 companies less than the previous period).

42 companies with 51 to 100 employees were registered in 2022 (equal number of companies as the previous period). Likewise, 50 companies with more than 101 employees were registered (1 companies more than the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

#permalink to section

  • -US$20.4M, FDI Jan-Jun 2022
  • US$954M, FDI Jan-1999 to Jun-2022

In the period January to June 2022, FDI from Building Equipment Contractors was -US$20.4M, distributed in reinvestment of earnings (US$18.2M), equity Capital (US$0), and inter-company debts (Confidential).

Since January 1999 to June 2022, the accumulated amount of FDI in Building Equipment Contractors was US$954M, distributed in reinvestment of earnings (US$407M), inter-company debts (US$347M), and equity Capital (US$201M).

* Confidential data is not shown in the chart (see information icon in the section).

* Due to the confidentiality of the data, the annual breakdown by type of investment does not show inter-company debts and reinvestment of earnings.

Foreign Direct Investment (FDI) by State

#permalink to section

Period Jan-Jun 2022: Confidential, Querétaro is the main receiving state

Period Jan-1999 to Jun-2022: US$366M, Mexico City is the main receiving state

From January to June 2022, the states that received the highest FDI for Building Equipment Contractors were Querétaro (Confidential), San Luis Potosí (Confidential), and Nuevo León (Confidential).

Historically (from January 1999 to June2022) the states that have received the highest FDI are Mexico City (US$366M), Querétaro (US$177M), and Estado de México (US$167M).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

#permalink to section

Main investing country between Jan-Jun 2022: United States, Confidential

Main investing country between Jan-1999 and Jun-2022: Sweden, US$290M

During January to June de 2022, the main countries of origin of FDI for Building Equipment Contractors were United States (Confidential), Netherlands (Confidential), and Japan (Confidential).

Historically (from January 1999 to June de 2022) the countries that contributed the most to FDI were United States (Confidential), Netherlands (Confidential), and Japan (Confidential).

* Information download does not contain confidential data.

Workforce by Schooling Years, Age Range and Gender

#permalink to section

Average Age 2022-Q1: 39.8

Average Years of Schooling 2022-Q1: 8.14

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

In the first quarter of 2022 in Building Equipment Contractors the average age for women was 39.4 years and the average schooling was 11.7 years.

The average age of men in the Building Equipment Contractors workforce was 39.8 years, while the average schooling was 8.11 years during first quarter of 2022.

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