Economy, jobs and prices in Toluca, Mexico: official figures
The 2024 Economic Census counted 51,440 business establishments (economic units) in Toluca in 2023, 7th most of 107 Mexican cities on this site, against 46,030 in the 2019 census (up 11.8%).
How many people work in Toluca?
Those establishments employed 268,605 people in 2023, 15th most of 107 Mexican cities on this site, up 7.6% from the 249,678 counted for 2018 (national: up 3.1%).
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyWhat is the average salary in Toluca?
Paid workers in Toluca earned an average of MXN 169,652 in total pay over 2023, 23rd highest 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 Toluca?
Businesses in Toluca generated MXN 151.6 billion in gross value added in 2023, about MXN 564,227 per person employed, 19th 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 Toluca?
Women held 41.3% of the jobs counted in Toluca in 2023, 28th lowest of 107 Mexican cities on this site (national: 43.2%); 74.6% of all workers were paid employees.
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyWhat are the main industries in Toluca?
By sector, manufacturing 36.1% (97,042), retail trade 24.5% (65,744) and hotels, restaurants and bars 7.4% (19,959) of the people employed in Toluca in 2023 (national manufacturing share: 25.7%); manufacturing's share was 23rd highest of 107 Mexican cities on this site.
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyHow much do businesses invest in Toluca?
Businesses in Toluca reported MXN 4.6 billion of investment and MXN 388.9 billion of gross output in 2023 (2018: MXN 128.8 billion and MXN 393.0 billion, current pesos).
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copyHow Toluca compares with other cities in Mexico
Economic units (2024 economic census) (2023)
Toluca ranks 7 of 107, highest first.
| Rank | City | Economic units (2024 economic census) |
|---|---|---|
| 4 | León | 83,778 |
| 5 | Tijuana | 57,157 |
| 6 | Monterrey | 55,266 |
| 7 | Toluca | 51,440 |
| 8 | Mérida | 50,082 |
| 9 | Querétaro | 49,468 |
| 10 | Aguascalientes | 46,977 |
Persons employed (2024 economic census) (2023)
Toluca ranks 15 of 107, highest first.
| Rank | City | Persons employed (2024 economic census) |
|---|---|---|
| 12 | Mexicali | 288,118 |
| 13 | Hermosillo | 285,409 |
| 14 | Aguascalientes | 284,729 |
| 15 | Toluca | 268,605 |
| 16 | Reynosa-Río Bravo | 260,071 |
| 17 | La Laguna | 232,917 |
| 18 | Culiacán Rosales | 231,414 |
Change in persons employed, 2018-2023 (2018-2023)
Toluca ranks 32 of 107, highest first.
| Rank | City | Change in persons employed, 2018-2023 |
|---|---|---|
| 29 | Matamoros | +8.3% |
| 30 | Moroleón Uriangato - Moroleón-Uriangato | +7.9% |
| 31 | Chilpacingo de los Bravo | +7.6% |
| 32 | Toluca | +7.6% |
| 33 | Mexicali | +7.5% |
| 34 | Cuernavaca | +7.4% |
| 35 | La Paz | +7.2% |
Average annual pay per paid worker (MXN) (2023)
Toluca ranks 23 of 107, highest first.
| Rank | City | Average annual pay per paid worker (MXN) |
|---|---|---|
| 20 | Nuevo Laredo | MXN 172,910 |
| 21 | Ensenada | MXN 171,459 |
| 22 | Chihuahua | MXN 171,444 |
| 23 | Toluca | MXN 169,652 |
| 24 | Querétaro | MXN 168,988 |
| 25 | Saltillo | MXN 165,622 |
| 26 | Celaya | MXN 164,414 |
Gross value added per person employed (MXN) (2023)
Toluca ranks 19 of 107, highest first.
| Rank | City | Gross value added per person employed (MXN) |
|---|---|---|
| 16 | San Luis Potosí-Soledad de Graciano Sánchez | MXN 609,628 |
| 17 | San Juan del Río | MXN 595,134 |
| 18 | Irapuato | MXN 568,009 |
| 19 | Toluca | MXN 564,227 |
| 20 | Querétaro | MXN 562,289 |
| 21 | Veracruz | MXN 559,300 |
| 22 | Mexicali | MXN 556,217 |
Women as a share of persons employed (2023)
Toluca ranks 80 of 107, highest first.
| Rank | City | Women as a share of persons employed |
|---|---|---|
| 77 | Ocotlán | 41.6% |
| 78 | León | 41.6% |
| 79 | Guadalajara | 41.4% |
| 80 | Toluca | 41.3% |
| 81 | Playa del Carmen | 41.2% |
| 82 | Mexico, Ciudad De | 41.1% |
| 83 | Matamoros | 41.0% |
Manufacturing share of persons employed (2023)
Toluca ranks 23 of 107, highest first.
| Rank | City | Manufacturing share of persons employed |
|---|---|---|
| 20 | Guaymas | 37.5% |
| 21 | Teziutlán | 36.6% |
| 22 | Nuevo Laredo | 36.2% |
| 23 | Toluca | 36.1% |
| 24 | Celaya | 36.1% |
| 25 | Navojoa | 35.2% |
| 26 | León | 33.0% |
More on Toluca: 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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