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Economy, jobs and prices in Nuevo Laredo, Mexico: official figures

The 2024 Economic Census counted 12,763 business establishments (economic units) in Nuevo Laredo in 2023, 52nd fewest of 107 Mexican cities on this site, against 12,635 in the 2019 census (up 1.0%).

Persons employed in businesses (economic census)
125,415
2023

How many people work in Nuevo Laredo?

Those establishments employed 125,415 people in 2023, 32nd most of 107 Mexican cities on this site, up 24.2% from the 100,947 counted for 2018 (national: up 3.1%).

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

What is the average salary in Nuevo Laredo?

Paid workers in Nuevo Laredo earned an average of MXN 172,910 in total pay over 2023, 20th 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 Nuevo Laredo?

Businesses in Nuevo Laredo generated MXN 54.3 billion in gross value added in 2023, about MXN 433,257 per person employed, 41st 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 Nuevo Laredo?

Women held 35.5% of the jobs counted in Nuevo Laredo in 2023, 3rd lowest of 107 Mexican cities on this site (national: 43.2%); 88.9% of all workers were paid employees.

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

What are the main industries in Nuevo Laredo?

By sector, manufacturing 36.2% (45,383), retail trade 15.2% (19,077) and hotels, restaurants and bars 6.4% (8,031) of the people employed in Nuevo Laredo in 2023 (national manufacturing share: 25.7%); manufacturing's share was 22nd highest of 107 Mexican cities on this site.

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

How much do businesses invest in Nuevo Laredo?

Businesses in Nuevo Laredo reported MXN 2.6 billion of investment and MXN 83.6 billion of gross output in 2023 (2018: MXN 1.2 billion and MXN 48.4 billion, current pesos).

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

How Nuevo Laredo compares with other cities in Mexico

Economic units (2024 economic census) (2023)

Nuevo Laredo ranks 56 of 107, highest first.

RankCityEconomic units (2024 economic census)
53Ciudad Victoria13,207
54Tulancingo13,041
55Cuautla12,832
56Nuevo Laredo12,763
57Ciudad Del Carmen12,751
58Juchitán12,536
59San Martín Texmelucan12,487
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Persons employed (2024 economic census) (2023)

Nuevo Laredo ranks 32 of 107, highest first.

RankCityPersons employed (2024 economic census)
29Mazatlán140,526
30Acapulco135,332
31Cuernavaca125,505
32Nuevo Laredo125,415
33Los Mochis122,245
34Los Cabos117,448
35Ensenada112,327
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

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

Nuevo Laredo ranks 2 of 107, highest first.

RankCityChange in persons employed, 2018-2023
1Huamantla+27.1%
2Nuevo Laredo+24.2%
3Valladolid+21.1%
4Cuauhtemoc+20.3%
5Fresnillo+20.0%
6Tulancingo+17.2%
7Matehuala+17.0%
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

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

Nuevo Laredo ranks 20 of 107, highest first.

RankCityAverage annual pay per paid worker (MXN)
17San Juan del RíoMXN 185,032
18Piedras NegrasMXN 181,395
19San Luis Potosí-Soledad de Graciano SánchezMXN 176,424
20Nuevo LaredoMXN 172,910
21EnsenadaMXN 171,459
22ChihuahuaMXN 171,444
23TolucaMXN 169,652
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

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

Nuevo Laredo ranks 41 of 107, highest first.

RankCityGross value added per person employed (MXN)
38NavojoaMXN 437,641
39Los CabosMXN 436,453
40JuárezMXN 434,771
41Nuevo LaredoMXN 433,257
42GuadalajaraMXN 428,095
43San Juan Bautista TuxtepecMXN 425,479
44Playa del CarmenMXN 420,026
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Women as a share of persons employed (2023)

Nuevo Laredo ranks 105 of 107, highest first.

RankCityWomen as a share of persons employed
101Monterrey38.2%
102Tianguistenco38.2%
103Ciudad Lázaro Cárdenas36.3%
104Caborca35.6%
105Nuevo Laredo35.5%
106Fresnillo34.7%
107Ciudad Del Carmen31.8%
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Manufacturing share of persons employed (2023)

Nuevo Laredo ranks 22 of 107, highest first.

RankCityManufacturing share of persons employed
19San Luis Potosí-Soledad de Graciano Sánchez38.6%
20Guaymas37.5%
21Teziutlán36.6%
22Nuevo Laredo36.2%
23Toluca36.1%
24Celaya36.1%
25Navojoa35.2%
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

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Sources

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