Economy, jobs and prices in Los Cabos, Mexico: official figures
The 2024 Economic Census counted 15,521 business establishments (economic units) in Los Cabos in 2023, 44th most of 107 Mexican cities on this site, against 11,960 in the 2019 census (up 29.8%).
How many people work in Los Cabos?
Those establishments employed 117,448 people in 2023, 34th most of 107 Mexican cities on this site, down 6.3% from the 125,402 counted for 2018 (national: up 3.1%).
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyWhat is the average salary in Los Cabos?
Paid workers in Los Cabos earned an average of MXN 130,886 in total pay over 2023, 34th lowest of 107 Mexican cities on this site; the national average was MXN 168,674.
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyHow productive is the economy of Los Cabos?
Businesses in Los Cabos generated MXN 51.3 billion in gross value added in 2023, about MXN 436,453 per person employed, 39th highest of 107 Mexican cities on this site (national: MXN 560,263).
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyHow many women work in Los Cabos?
Women held 43.2% of the jobs counted in Los Cabos in 2023, 52nd lowest of 107 Mexican cities on this site (national: 43.2%); 81.6% of all workers were paid employees.
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyWhat are the main industries in Los Cabos?
By sector, manufacturing 4.3% (5,068), retail trade 21.3% (24,966) and hotels, restaurants and bars 34.0% (39,893) of the people employed in Los Cabos in 2023 (national manufacturing share: 25.7%); manufacturing's share was 4th lowest of 107 Mexican cities on this site.
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyHow much do businesses invest in Los Cabos?
Businesses in Los Cabos reported MXN 1.6 billion of investment and MXN 83.8 billion of gross output in 2023 (2018: MXN 1.8 billion and MXN 58.7 billion, current pesos).
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyHow Los Cabos compares with other cities in Mexico
Economic units (2024 economic census) (2023)
Los Cabos ranks 44 of 107, highest first.
| Rank | City | Economic units (2024 economic census) |
|---|---|---|
| 41 | San Cristóbal de las Casas | 17,321 |
| 42 | Ensenada | 16,688 |
| 43 | Chilpacingo de los Bravo | 16,340 |
| 44 | Los Cabos | 15,521 |
| 45 | Puerto Vallarta | 15,134 |
| 46 | San Juan del Río | 14,291 |
| 47 | Tampico | 14,035 |
Persons employed (2024 economic census) (2023)
Los Cabos ranks 34 of 107, highest first.
| Rank | City | Persons employed (2024 economic census) |
|---|---|---|
| 31 | Cuernavaca | 125,505 |
| 32 | Nuevo Laredo | 125,415 |
| 33 | Los Mochis | 122,245 |
| 34 | Los Cabos | 117,448 |
| 35 | Ensenada | 112,327 |
| 36 | Ciudad Obregón | 110,038 |
| 37 | Silao | 108,853 |
Change in persons employed, 2018-2023 (2018-2023)
Los Cabos ranks 94 of 107, highest first.
| Rank | City | Change in persons employed, 2018-2023 |
|---|---|---|
| 91 | Cuautla | -5.6% |
| 92 | Manzanillo | -5.6% |
| 93 | Celaya | -5.9% |
| 94 | Los Cabos | -6.3% |
| 95 | Tampico | -7.5% |
| 96 | San Luis Potosí-Soledad de Graciano Sánchez | -7.5% |
| 97 | Ensenada | -7.8% |
Average annual pay per paid worker (MXN) (2023)
Los Cabos ranks 74 of 107, highest first.
| Rank | City | Average annual pay per paid worker (MXN) |
|---|---|---|
| 71 | Córdoba | MXN 132,060 |
| 72 | Mérida | MXN 131,999 |
| 73 | Zamora-Jacona | MXN 131,055 |
| 74 | Los Cabos | MXN 130,886 |
| 75 | Ciudad Victoria | MXN 129,635 |
| 76 | La Piedad-Pénjamo | MXN 129,141 |
| 77 | Colima-Villa de Álvarez | MXN 128,373 |
Gross value added per person employed (MXN) (2023)
Los Cabos ranks 39 of 107, highest first.
| Rank | City | Gross value added per person employed (MXN) |
|---|---|---|
| 36 | Delicias | MXN 446,133 |
| 37 | Zacatecas-Guadalupe | MXN 439,928 |
| 38 | Navojoa | MXN 437,641 |
| 39 | Los Cabos | MXN 436,453 |
| 40 | Juárez | MXN 434,771 |
| 41 | Nuevo Laredo | MXN 433,257 |
| 42 | Guadalajara | MXN 428,095 |
Women as a share of persons employed (2023)
Los Cabos ranks 56 of 107, highest first.
| Rank | City | Women as a share of persons employed |
|---|---|---|
| 53 | San Juan del Río | 43.3% |
| 54 | Mazatlán | 43.3% |
| 55 | Guanajuato | 43.3% |
| 56 | Los Cabos | 43.2% |
| 57 | Tuxtla Gutiérrez | 43.2% |
| 58 | Victoria de Durango | 43.2% |
| 59 | Juárez | 43.0% |
Manufacturing share of persons employed (2023)
Los Cabos ranks 104 of 107, highest first.
| Rank | City | Manufacturing share of persons employed |
|---|---|---|
| 101 | Manzanillo | 5.7% |
| 102 | Caborca | 5.4% |
| 103 | Cancún | 5.4% |
| 104 | Los Cabos | 4.3% |
| 105 | Puerto Vallarta | 4.3% |
| 106 | Ciudad Del Carmen | 4.2% |
| 107 | Playa del Carmen | 2.6% |
More on Los Cabos: overview · health · education and schools · poverty and living standards · government budget · all cities in Mexico
Sources
- Instituto Nacional de Estadística y Geografía (INEGI): Censos Económicos 2024 and 2019 (reference years 2023 and 2018), SAIC query: economic units, persons employed, pay, gross output, value added and investment by municipality (request body saved as saic-ce2024-totals-2018-2023.request.json), read 23 October 2026 · saved copy (SHA-256 47e3a4e8a9f4…)
- Instituto Nacional de Estadística y Geografía (INEGI): Censos Económicos 2024 (reference year 2023), SAIC query: economic units and persons employed in manufacturing, retail, education services, health services and accommodation and food by municipality (request body saved as saic-ce2024-sectors-2023.request.json), read 23 October 2026 · saved copy (SHA-256 fea3ec2053c9…)
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