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Economy, jobs and prices in Matamoros, Mexico: official figures

The 2024 Economic Census counted 22,051 business establishments (economic units) in Matamoros in 2023, 35th most of 107 Mexican cities on this site, against 17,736 in the 2019 census (up 24.3%).

Persons employed in businesses (economic census)
160,475
2023

How many people work in Matamoros?

Those establishments employed 160,475 people in 2023, 22nd most of 107 Mexican cities on this site, up 8.3% from the 148,147 counted for 2018 (national: up 3.1%).

Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

What is the average salary in Matamoros?

Paid workers in Matamoros earned an average of MXN 194,273 in total pay over 2023, 11th highest of 107 Mexican cities on this site; the national average was MXN 168,674.

Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

How productive is the economy of Matamoros?

Businesses in Matamoros generated MXN 61.8 billion in gross value added in 2023, about MXN 385,374 per person employed, 53rd highest of 107 Mexican cities on this site (national: MXN 560,263).

Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

How many women work in Matamoros?

Women held 41.0% of the jobs counted in Matamoros in 2023, 25th lowest of 107 Mexican cities on this site (national: 43.2%); 82.9% of all workers were paid employees.

Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

What are the main industries in Matamoros?

By sector, manufacturing 52.3% (83,889), retail trade 17.5% (28,021) and hotels, restaurants and bars 7.0% (11,190) of the people employed in Matamoros in 2023 (national manufacturing share: 25.7%); manufacturing's share was 8th highest of 107 Mexican cities on this site.

Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

How much do businesses invest in Matamoros?

Businesses in Matamoros reported MXN 1.7 billion of investment and MXN 99.3 billion of gross output in 2023 (2018: MXN 1.5 billion and MXN 66.8 billion, current pesos).

Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

How Matamoros compares with other cities in Mexico

Economic units (2024 economic census) (2023)

Matamoros ranks 35 of 107, highest first.

RankCityEconomic units (2024 economic census)
32Cuernavaca23,029
33Tehuacán22,729
34Reynosa-Río Bravo22,635
35Matamoros22,051
36Pachuca21,445
37Celaya20,119
38Los Mochis20,011
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Persons employed (2024 economic census) (2023)

Matamoros ranks 22 of 107, highest first.

RankCityPersons employed (2024 economic census)
19Saltillo227,572
20Cancún206,512
21Morelia200,439
22Matamoros160,475
23Victoria de Durango154,668
24Irapuato154,358
25Villahermosa152,927
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Change in persons employed, 2018-2023 (2018-2023)

Matamoros ranks 29 of 107, highest first.

RankCityChange in persons employed, 2018-2023
26San Cristóbal de las Casas+9.1%
27Guanajuato+9.1%
28Ciudad Acuña+8.5%
29Matamoros+8.3%
30Moroleón Uriangato - Moroleón-Uriangato+7.9%
31Chilpacingo de los Bravo+7.6%
32Toluca+7.6%
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Average annual pay per paid worker (MXN) (2023)

Matamoros ranks 11 of 107, highest first.

RankCityAverage annual pay per paid worker (MXN)
8MonterreyMXN 200,575
9JuárezMXN 195,896
10TijuanaMXN 195,446
11MatamorosMXN 194,273
12Ciudad Lázaro CárdenasMXN 193,701
13CoatzacoalcosMXN 192,345
14MexicaliMXN 189,770
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Gross value added per person employed (MXN) (2023)

Matamoros ranks 53 of 107, highest first.

RankCityGross value added per person employed (MXN)
50EnsenadaMXN 390,004
51CaborcaMXN 388,614
52Heroica NogalesMXN 386,446
53MatamorosMXN 385,374
54La PazMXN 382,554
55TampicoMXN 382,402
56CórdobaMXN 382,167
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Women as a share of persons employed (2023)

Matamoros ranks 83 of 107, highest first.

RankCityWomen as a share of persons employed
80Toluca41.3%
81Playa del Carmen41.2%
82Mexico, Ciudad De41.1%
83Matamoros41.0%
84La Paz40.9%
85Piedras Negras40.8%
86Celaya40.4%
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Manufacturing share of persons employed (2023)

Matamoros ranks 8 of 107, highest first.

RankCityManufacturing share of persons employed
5Reynosa-Río Bravo60.2%
6Sabinas59.0%
7Piedras Negras53.9%
8Matamoros52.3%
9Tianguistenco51.7%
10Tijuana49.7%
11San Juan del Río47.5%
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

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Sources

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