The statistic shows the distribution of the workforce across economic sectors in Mexico from 2013 to 2023. In 2023, 11.96 percent of the workforce in Mexico were employed in agriculture, 25.03 percent in industry and 63 percent in services.

The Mexico ICT Market is Segmented by Type (Hardware, Software, IT Services, and Telecommunication Services), by the size of the Enterprise (Small and Medium Enterprise and Large Enterprises), and by Industry Vertical (BFSI, IT, and Telecom, Government, Retail and E-commerce, Manufacturing, and Energy and Utilities). The report provides the market sizes and forecasts in terms of value in USD.

The services sector employed the largest share of workers in Mexico City as of the second quarter of 2024, with ***** percent. The commerce industry ranked second, with about ** percent of employed population in the country's capital working in this sector.

Employment in industry (% of total employment) (modeled ILO estimate) in Mexico was reported at 25.03 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - Employment in industry (% of total employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The Mexico Digital Transformation Market report segments the industry into By Type (Analytics, Artificial Intelligence and Machine Learning, Extended Reality (XR), IoT, Industrial Robotics, Blockchain, Additive Manufacturing/3D Printing, and more) and By End-User Industry (Manufacturing, Oil, Gas and Utilities, Retail & E-Commerce, Transportation and Logistics, Healthcare, and more).

Loans to Private Sector in Mexico increased to 3805030650 MXN Thousand in May from 3759405997 MXN Thousand in April of 2025. This dataset provides - Mexico Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mexico Employment Rate: Secondary Sector as % of Labour Force data was reported at 23.365 % in Jun 2020. This records a decrease from the previous number of 23.513 % for May 2020. Mexico Employment Rate: Secondary Sector as % of Labour Force data is updated monthly, averaging 23.392 % from Apr 2020 (Median) to Jun 2020, with 3 observations. The data reached an all-time high of 23.513 % in May 2020 and a record low of 23.365 % in Jun 2020. Mexico Employment Rate: Secondary Sector as % of Labour Force data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.G027: Employment Rate: ETOE 2020: Age 15 and Above. [COVID-19-IMPACT]

Private Sector Credit in Mexico increased to 7279398618.30 MXN Thousand in May from 7209154534.80 MXN Thousand in April of 2025. This dataset provides - Mexico Private Sector Credit - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Nominal Private Sector, Changes in Inventories for Mexico (NINVPNSAXDCMXQ) from Q1 1993 to Q1 2025 about change, Mexico, inventories, sector, and private.

The share of value added by the services industry to gross domestic product in Mexico was 58.65 percent in 2023. Between 1965 and 2023, the share rose by 1.76 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Mexico Number of Job Postings: New data was reported at 14,757.000 Unit in 14 Apr 2025. This records a decrease from the previous number of 20,883.000 Unit for 07 Apr 2025. Mexico Number of Job Postings: New data is updated weekly, averaging 843.500 Unit from Jan 2008 (Median) to 14 Apr 2025, with 902 observations. The data reached an all-time high of 73,894.000 Unit in 16 May 2022 and a record low of 0.000 Unit in 14 Sep 2009. Mexico Number of Job Postings: New data remains active status in CEIC and is reported by Revelio Labs, Inc.. The data is categorized under Global Database’s Mexico – Table MX.RL.JP: Number of Job Postings: New: by Industry.

Graph and download economic data for Real Private Sector Final Consumption Expenditure for Mexico (NCPRXDCMXA) from 1993 to 2024 about Mexico, sector, consumption expenditures, consumption, private, and real.

The Business Support Services industry in Mexico comprises companies providing wide range of services that support everyday functions of businesses. These services include telemarketing, phone research, debt collection, document preparation and credit analysis. Industry operators cater to clients in the telecommunications, financial, retail and healthcare sectors, as well as various clients from other sectors. The industry has experienced positive trends over the five years to 2019, with revenue anticipated to increase an annualized 1.1% to MXN $37.8 billion. This growth has largely been attributed to the increasing strength of the Mexican economy. For example, the GDP of Mexico is expected to grow at an annualized rate of 2.5% over the five years to 2019. Meanwhile, consumer spending is anticipated to expand an annualized 2.4% during the same period. Industry revenue is largely based on the strength of the economy because, as the economy improves, businesses have more money to invest in industry services. However, while revenue has grown over the past five years, the has been some volatility brought on by fluctuations in private investment. Despite this, industry revenue is expected to increase 2.5% in 2019 alone.

The size of the Mexico Payments Industry market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 10.18% during the forecast period.This would include all the traditional modes that constitute payments in Mexico, which are checks, cash, credit cards, debit cards, and so on. This sector is being transformed currently in a larger scale of technological advancements along with the rise of an expanded middle class through expanded Internet penetration.Increased adoption of digital payments is one of the trends that the Mexican payments industry is showing. Mobile wallets, online banking, and point-of-sale terminals are trending higher, especially among the younger demographic segments. Digital payments enjoy benefits such as convenience, security, and efficiency that tend to drive their uptake. But cash remains the leading mode in rural areas and lower-income people.It will get support from the Mexican government and banking and financial institutions in its expansion to reach more people and to promote digital payment systems; so it can eventually create a more-inclusive and efficient payments ecosystem. Recent developments include: November 2023: ACI Worldwide and Mexipay have joined forces to encourage the adoption of real-time payments in Mexico. Through this partnership, Mexipay will utilize ACI's payment platform to offer ISO 20022 real-time payments and other payment services in Mexico. This collaboration will enable Mexipay to access smaller banks and merchants, delivering managed services to the market by implementing and operating our platform built around ACI's solutions., September 2023: Mexico's payment fintech, Clara, plans to expand its operations to Brazil following its successful acquisition of a central bank license. This strategic move is anticipated to greatly boost the company's growth, with Brazil expected to become its primary market in the near future. Clara, a renowned fintech in Mexico, specializes in offering corporate cards and expense management software to businesses throughout Latin America. It currently processes monthly transactions in Brazil amounting to approximately BRL 100 million, equivalent to nearly USD 20 million.. Key drivers for this market are: Robust Growth of Digital Payments, Increase in Internet Penetration. Potential restraints include: Lack of Skilled Personnel and Training Facilities. Notable trends are: Increase in Internet Penetration is Expected to Drive the Market.

Mexico Wires and Cables Market Report is Segmented by Cable Type (Fiber Optic Cable, Signal and Control Cable, Power Cable) and End-User Vertical (Construction, Telecommunications, Power Infrastructure, and Other End-User Verticals). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Context

Raw Data was extracted from our National Statistics Center, http://www.inegi.org.mx

Content

From the data, I formatted the dataset in terms of attributes (columns) and examples (months) in order to have a dataset able to be analysed.

Acknowledgements

http://www.inegi.org.mx

Inspiration

I´d like to start the building of a master dataset of the key economic variables, to produce a Data Model that predicts economic conditions in the next future

Mexico (FDI) Foreign Direct Investment: Electricity, Water & Gas data was reported at 4,264,300.000 USD th in 2018. This records an increase from the previous number of 1,563,400.000 USD th for 2017. Mexico (FDI) Foreign Direct Investment: Electricity, Water & Gas data is updated yearly, averaging 514,300.000 USD th from Dec 1999 (Median) to 2018, with 20 observations. The data reached an all-time high of 4,264,300.000 USD th in 2018 and a record low of -65,700.000 USD th in 2006. Mexico (FDI) Foreign Direct Investment: Electricity, Water & Gas data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.O003: Foreign Direct Investments: By Sector.

As 2023, the sector attracting the largest volume of foreign direct investments (FDI) in Mexico was the manufacturing industry, which, with a total of 18 billion U.S. dollars, accounted for nearly 50 percent of all the investments received by the North American country. FDI targeting financial and insurance services came in second, with 19.86 percent of the total investment value.

The Mexico ICT market is experiencing robust growth, projected to reach a substantial size over the next decade. A compound annual growth rate (CAGR) of 10.60% from 2019-2033 indicates a significant expansion, driven primarily by increasing digitalization across various sectors, robust government initiatives promoting digital infrastructure development, and rising adoption of cloud computing and advanced technologies like 5G. The BFSI, Telecom & IT, and Government sectors are key contributors to this growth, exhibiting high demand for ICT solutions to enhance operational efficiency, customer experience, and security. The market is segmented by type (hardware, software, IT services, telecommunication services), enterprise size (SMEs and large enterprises), and industry vertical. Large enterprises are expected to dominate the market due to their higher investment capacity and technological adoption rates. However, the SME segment is also experiencing considerable growth, fuelled by the increasing availability of affordable ICT solutions and government support programs. While the market faces some restraints like the need for further digital infrastructure improvements and cybersecurity concerns, the overall growth outlook remains optimistic. The presence of major global and regional players like Tata Communications, HCL Technologies, and América Móvil further underscores the market's potential. The continued expansion of the Mexico ICT market is fueled by several factors. The growing middle class and increased internet penetration are driving consumer demand for advanced technologies and digital services. Moreover, the government's focus on developing a robust digital economy, including investments in broadband infrastructure and digital literacy programs, is creating a supportive environment for ICT market growth. Technological advancements, especially in areas like artificial intelligence, IoT, and Big Data analytics, are also shaping market dynamics. The competitive landscape is characterized by both multinational corporations and local players, leading to innovation and price competitiveness. The market is expected to witness increased mergers and acquisitions as companies seek to consolidate their market share and expand their service offerings. Growth will be particularly strong in areas such as cloud services, cybersecurity, and digital transformation solutions, reflecting the rising need for businesses to adapt to a rapidly evolving digital landscape. Recent developments include: In October 2022, Oracle and NVIDIA collaborated to accelerate Enterprise AI Adoption in Mexico. To better serve clients and increase revenue, the two businesses want to drive innovation across several industries made possible by artificial intelligence., In September 2022, AT&T launched 5G in Mexico City. Tijuana, Mexicali, Ciudad Juárez, Mazatlán, Ciudad Obregón, Navojoa, Guasave, Ensenada, Puerto Pasco, and Guamchil are now covered by AT&T's nationwide 5G network deployment. Meanwhile, coverage in Mexico City, Guadalajara, and Monterrey is still growing.. Key drivers for this market are: Robust Demand for Telecommunications Services, Integration of Emerging Technologies like IoT, Cloud &AI in the Business. Potential restraints include: Robust Demand for Telecommunications Services, Integration of Emerging Technologies like IoT, Cloud &AI in the Business. Notable trends are: Significant Growth in Telecommunications Sector.

Forecast: Number of Patents in the ICT Sector in Mexico 2024 - 2028 Discover more data with ReportLinker!