Industry Group (4611)
2021-Q4: $2.93T MX, Gross Domestic Product
DENUE May 2020: 984,361, Economic units
Jan-Dec 2021: US$5.26M, Foreign Direct Investment
2021-Q4 : $3.7k MX, Average Monthly Salary
2021-Q4 : 3.02M, Workforce
2021-Q4 : 58.1%, Female Workforce
2021-Q4: 41.3, Average Age
In the fourth quarter of 2021 the gross domestic product was $2.93T MX, 17.8% more than the previous quarter.
According DENUE 2021, Retail Trade of Groceries and Food registered 984,361 economic units. The states with the highest number of economic units were Estado de México (160,302), Ciudad de México (83,932), and Puebla (73,019).
According to data from the Economic Census 2019, total gross production was $223B MX. The states with the highest total gross production were Estado de México ($28.7B MX) and Ciudad de México ($24.9B MX).
For its part, total income reached $618B MX in 2019, being the states with the highest income Estado de México ($78.5B MX) and Ciudad de México ($68.2B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Groceries and Food the states with the highest affinity were Sonora (0.48), San Luis Potosí (0.47), Querétaro (0.46), Coahuila de Zaragoza (0.46), and Chihuahua (0.45).
During the fourth quarter of 2021 in Retail Trade of Groceries and Food the workforce was 3.02M people, 41.9% men and 58.1% women. In addition, the average monthly salary informed was $3.7k MX.
During the same period, occupations with the highest number of workers in Retail Trade of Groceries and Food were Traders in Stores, Sales Employees, Dispatchers and Dependent on Trade, and Workers in the Preparation of Meat Products, Fish and Fish Products.
At the state level, the occupied population of Retail Trade of Groceries and Food was concentrated in List Estado de México,Jalisco,Puebla.
The average age of workers in Retail Trade of Groceries and Food in the fourth quarter of 2021 was 41.3 years. In the same period, the average schooling of the workforce of Retail Trade of Groceries and Food, was 9.28 years.
Average Monthly Salary 2021-Q4: $3.7k MX
Working population 2021-Q4: 3.02M
In the fourth quarter of 2021, the workforce in Retail Trade of Groceries and Food it was of 3.02M people, 41.9% men with a reported average monthly salary of $4.27k MX and 58.1% women with a salary of $3.29k MX.
Of the total employed population, 22.6% of the total workforce were formal workers with an average monthly salary of $5.46k MX, while he 77.4% corresponds to informal workers with an average salary of $3.19k MX.
In the fourth quarter of 2021 the occupations with the highest number of workers were Traders in Stores, Sales Employees, Dispatchers and Dependent on Trade, and Workers in the Preparation of Meat Products, Fish and Fish Products.
At the state level, the workforce of Retail Trade of Groceries and Food was concentrated on Estado de México, Jalisco, and Puebla.
Gross domestic product 2021-Q4: $2.93T MX
Gross Domestic Product 2020: $2.18T MX
* Data displayed corresponds to the sector Retail Trade since the information at lower levels of disaggregation is not available.
In the fourth quarter of 2021, Retail Trade recorded a gross domestic product of $2.93T MX, evidencing an increase of 17.8% compared to the previous quarter and an increase of 11.2% 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, 929,452 economic units were totaled in Retail Trade of Groceries and Food, highlighting Estado de México (152,615), Ciudad de México (81,205), and Puebla (67,920).
Total gross production was $223B MX. The states with the highest total gross production were Estado de México ($28.7B MX) and Ciudad de México ($24.9B MX).
Total income reached $618B MX in 2019, being the states with the highest income Estado de México ($78.5B MX) and Ciudad de México ($68.2B 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, Retail Trade of Groceries and Food had a total of 874,916 economic units and the municipalities with the highest number of economic units were Iztapalapa (18.9k), Ecatepec de Morelos (16.3k), and Puebla (14.8k)
Total income eached $378B MX and the municipalities with the highest income were Iztapalapa ($12.1B MX), Guadalajara ($11.2B MX), and Ecatepec de Morelos ($6.68B MX).
Total expenditures were $288B MX and the municipalities with the highest expenditures were Iztapalapa ($9.24B MX), Guadalajara ($8.77B MX), and Ecatepec de Morelos ($4.94B MX).
On the other hand, in 2014 there were 1594672 employees dependent on economic units and the municipalities with the highest number of employees were Iztapalapa (34.8k), Guadalajara (28.9k), and Ecatepec de Morelos (27.4k).
* 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 Retail Trade of Groceries and Food according to the number of employees.
According to DENUE data published in November 2021, 983,260 companies with 0 to 10 employees were registered (2,949 companies more than the previous period). In the same period, 3,715 companies with 11 to 50 employees were registered (5 companies more than the previous period).
198 companies with 51 to 100 employees were registered in 2021 (equal number of companies as the previous period). Likewise, 141 companies with more than 101 employees were registered (1 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to December 2021, FDI from Retail Trade of Groceries and Food was US$5.26M, distributed in equity Capital (US$5.26M), inter-company debts (US$0), and reinvestment of earnings (US$0).
Since January 1999 to December 2021, the accumulated amount of FDI in Retail Trade of Groceries and Food was US$285M, distributed in equity Capital (US$226M), inter-company debts (US$38.8M), and reinvestment of earnings (US$20.6M).
* 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.
Period Jan-Dec 2021: Confidential, Baja California Sur is the main receiving state
Period Jan-1999 to Dec-2021: US$155M, Quintana Roo is the main receiving state
From January to December 2021, the states that received the highest FDI for Retail Trade of Groceries and Food were Baja California Sur (Confidential) and Mexico City (Confidential).
Historically (from January 1999 to December2021) the states that have received the highest FDI are Quintana Roo (US$155M), Jalisco (US$49.7M), and Baja California Sur (US$26.8M).
* Information download does not contain confidential data.
Main investing country between Jan-Dec 2021: United States, US$5.26M
Main investing country between Jan-1999 and Dec-2021: Singapore, US$155M
During January to December de 2021, the main countries of origin of FDI for Retail Trade of Groceries and Food were United States (US$5.26M).
Historically (from January 1999 to December de 2021) the countries that contributed the most to FDI were United States (US$5.26M).
* Information download does not contain confidential data.
Average Age 2021-Q4: 41.3
Average Years of Schooling 2021-Q4: 9.28
The visualization shows the workforce of Retail Trade of Groceries and Food by age group and years of schooling, comparing men and women.
In the fourth quarter of 2021 in Retail Trade of Groceries and Food the average age for women was 42.1 years and the average schooling was 8.98 years.
The average age of men in the Retail Trade of Groceries and Food workforce was 40.3 years, while the average schooling was 9.7 years during fourth quarter of 2021.
* The visualization omits the range of schooling "Not Specified".