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

The 2024 Economic Census counted 5,965 business establishments (economic units) in Valladolid in 2023, 12th fewest of 107 Mexican cities on this site, against 5,125 in the 2019 census (up 16.4%).

Persons employed in businesses (economic census)
19,598
2023

How many people work in Valladolid?

Those establishments employed 19,598 people in 2023, 5th fewest of 107 Mexican cities on this site, up 21.1% from the 16,186 counted for 2018 (national: up 3.1%).

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

What is the average salary in Valladolid?

Paid workers in Valladolid earned an average of MXN 108,866 in total pay over 2023, 12th lowest 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 Valladolid?

Businesses in Valladolid generated MXN 5.6 billion in gross value added in 2023, about MXN 283,805 per person employed, 24th lowest 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 Valladolid?

Women held 47.7% of the jobs counted in Valladolid in 2023, 17th highest of 107 Mexican cities on this site (national: 43.2%); 62.5% of all workers were paid employees.

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

What are the main industries in Valladolid?

By sector, manufacturing 18.5% (3,616), retail trade 31.4% (6,159) and hotels, restaurants and bars 22.0% (4,318) of the people employed in Valladolid in 2023 (national manufacturing share: 25.7%); manufacturing's share was 53rd highest of 107 Mexican cities on this site.

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

How much do businesses invest in Valladolid?

Businesses in Valladolid reported MXN 168.16 million of investment and MXN 9.8 billion of gross output in 2023 (2018: MXN 77.16 million and MXN 8.2 billion, current pesos).

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

How Valladolid compares with other cities in Mexico

Economic units (2024 economic census) (2023)

Valladolid ranks 96 of 107, highest first.

RankCityEconomic units (2024 economic census)
93Hidalgo del Parral6,269
94Tecomán6,117
95Matehuala6,037
96Valladolid5,965
97Navojoa5,862
98Rioverde-Ciudad Fernández5,824
99Huamantla5,823
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Persons employed (2024 economic census) (2023)

Valladolid ranks 103 of 107, highest first.

RankCityPersons employed (2024 economic census)
100Túxpan de Rodríguez Cano20,670
101Tianguistenco19,662
102Caborca19,610
103Valladolid19,598
104Rioverde-Ciudad Fernández17,609
105Moroleón Uriangato - Moroleón-Uriangato16,515
106Huauchinango15,177
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

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

Valladolid ranks 3 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)

Valladolid ranks 96 of 107, highest first.

RankCityAverage annual pay per paid worker (MXN)
93XalapaMXN 115,342
94Apatzingán de la ConstituciónMXN 110,524
95TeziutlánMXN 110,361
96ValladolidMXN 108,866
97Iguala de la IndependenciaMXN 108,174
98SahuayoMXN 108,041
99TehuacánMXN 106,626
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

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

Valladolid ranks 84 of 107, highest first.

RankCityGross value added per person employed (MXN)
81San Luis Rio ColoradoMXN 298,092
82TepicMXN 290,607
83MatehualaMXN 288,010
84ValladolidMXN 283,805
85Ciudad GuzmánMXN 282,329
86Tuxtla GutiérrezMXN 280,729
87Tapachula de Cordova y OrdoñezMXN 278,527
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Women as a share of persons employed (2023)

Valladolid ranks 17 of 107, highest first.

RankCityWomen as a share of persons employed
14Acapulco48.0%
15Iguala de la Independencia47.9%
16Tepic47.9%
17Valladolid47.7%
18Tulancingo47.7%
19Sahuayo47.4%
20Cuautla47.3%
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

Manufacturing share of persons employed (2023)

Valladolid ranks 53 of 107, highest first.

RankCityManufacturing share of persons employed
50La Piedad-Pénjamo19.5%
51Guadalajara18.9%
52Ciudad Lázaro Cárdenas18.7%
53Valladolid18.5%
54Los Mochis18.3%
55San Juan Bautista Tuxtepec18.2%
56Puebla-Tlaxcala18.1%
Source: Instituto Nacional de Estadística y Geografía (INEGI) · saved copy

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