Economy, jobs and prices in Mexico City, Mexico: official figures
The gross domestic product of Mexico City was 5.02 trillion pesos in 2024 at current prices, according to INEGI, 15.0% of Mexico's 33.58 trillion pesos and the largest of 32 federal entities. In current pesos it was up 6.6% on 2023.
How fast is the economy of Mexico City growing?
After removing price changes, the economy of Mexico City grew 2.2% in 2024, against 1.5% for Mexico as a whole; 15th fastest growth of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHas the economy of Mexico City grown since 2018?
In real terms GDP in Mexico City was 5.2% higher in 2024 than in 2018 (Mexico 5.0% higher), 15th largest growth of 32. Since 2003 it has grown 36.8% in real terms (Mexico 41.9%), and its share of national GDP has moved from 18.08% to 14.95%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the GDP per capita of Mexico City?
Dividing 2024 GDP by CONAPO's mid-2024 population gives 545,611 pesos per person in Mexico City, 2.15 times the national figure of 253,888 pesos; 2nd highest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat are the main industries in Mexico City?
In 2024 tertiary activities (trade and services) made up 89.9% of gross value added in Mexico City, secondary activities (industry, mining, construction and utilities) 10.1% and primary activities (farming, livestock, forestry and fishing) 0.04% (the lowest farm share of 32; Mexico 4.1%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow important is manufacturing in Mexico City?
Manufacturing produced 5.4% of gross value added in Mexico City in 2024 (6th lowest of 32; Mexico 21.5%), and mining 0.01%. Hotels and restaurants accounted for 2.9% (10th highest of 32).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the unemployment rate in Mexico City?
The unemployment rate in Mexico City was 4.2% in April to June 2026, according to INEGI's ENOE labour force survey, against 2.7% for Mexico; the highest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat was the unemployment rate in Mexico City in 2025?
A year earlier, in April to June 2025, the ENOE put unemployment in Mexico City at 4.0% (Mexico 2.7%; 2nd highest of 32), with 4,940,775 people in work and labour force participation of 63.9%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow many people work in Mexico City?
About 4,873,434 people in Mexico City were working in April to June 2026 and 212,709 were unemployed. 62.9% of residents aged 15 and over were in the labour force (6th highest of 32; Mexico 59.1%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow many workers in Mexico City are informal?
45.3% of employed people in Mexico City worked informally in April to June 2026 (without social security through their job or in unregistered businesses), against 55.1% nationally; 11th lowest of 32. A year earlier the rate was 44.1%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyIs informal work in Mexico City falling?
Labour informality in Mexico City was 45.3% in April to June 2026, down 4.5 percentage points on the same quarter of 2019 (49.8%) and down 4.3 percentage points on 2005 (49.6%), when INEGI's quarterly series begins.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat jobs do people do in Mexico City?
In April to June 2026, 52.5% of workers in Mexico City had no access to health services through their work, 67.9% were salaried employees, and 9.3% worked in manufacturing; 0.6% worked in farming, livestock, forestry or fishing.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the average wage in Mexico City?
Employed people in Mexico City earned an average of 103.26 pesos per hour worked in April to June 2026 (Mexico 70.26 pesos; 2nd highest of 32), and worked an average of 40.6 hours a week (Mexico 41.5).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the average household income in Mexico City?
Average current income per household in Mexico City was 110,685 pesos a quarter in 2024 (about 36,895 pesos a month), against 77,864 pesos for Mexico, according to INEGI's ENIGH household survey; 2nd highest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyIs household income rising in Mexico City?
At constant 2024 prices, average household income in Mexico City was up 12.1% on 2022 and up 4.0% on 2016 (Mexico up 10.8% since 2016).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the income per person in Mexico City?
Income per person in Mexico City averaged 36,506 pesos a quarter in 2024 (Mexico 23,217 pesos; the highest of 32). The richest tenth of people had 16.8 times the average income of the poorest tenth.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow unequal is income in Mexico City?
The Gini coefficient of income per person in Mexico City was 0.445 in 2024 (Mexico 0.417), the most unequal of 32; in 2016 it was 0.487.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much do households in Mexico City spend?
The 3,082,330 households of Mexico City spent an average of 88,807 pesos a quarter on current consumption in 2024 (Mexico 61,309 pesos); 36.7% of their cash spending went on food, drink and tobacco (Mexico 37.7%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow Mexico City compares with other federal entities
GDP at current prices, 2024 (2024)
Mexico City ranks 1 of 32, highest first.
| Rank | Region | GDP at current prices, 2024 |
|---|---|---|
| 1 | Mexico City | 5.02 trillion pesos |
| 2 | State of Mexico | 3.06 trillion pesos |
| 3 | Nuevo Leon | 2.70 trillion pesos |
| 4 | Jalisco | 2.53 trillion pesos |
| 5 | Guanajuato | 1.52 trillion pesos |
| 6 | Veracruz | 1.45 trillion pesos |
| 7 | Baja California | 1.29 trillion pesos |
GDP per person, 2024 (GDP / CONAPO mid-2024 population) (2024)
Mexico City ranks 2 of 32, highest first.
| Rank | Region | GDP per person, 2024 (GDP / CONAPO mid-2024 population) |
|---|---|---|
| 1 | Campeche | 547,791 pesos |
| 2 | Mexico City | 545,611 pesos |
| 3 | Nuevo Leon | 428,759 pesos |
| 4 | Coahuila | 368,586 pesos |
| 5 | Sonora | 355,689 pesos |
| 6 | Chihuahua | 321,837 pesos |
| 7 | Baja California | 317,907 pesos |
Real GDP growth, 2024 (2024)
Mexico City ranks 15 of 32, highest first.
| Rank | Region | Real GDP growth, 2024 |
|---|---|---|
| 12 | Colima | 2.6% |
| 13 | State of Mexico | 2.3% |
| 14 | Chiapas | 2.2% |
| 15 | Mexico City | 2.2% |
| 16 | Tlaxcala | 1.7% |
| 17 | Queretaro | 1.4% |
| 18 | Guerrero | 1.2% |
Real GDP growth, 2018-2024 (cumulative) (2018-2024)
Mexico City ranks 15 of 32, highest first.
| Rank | Region | Real GDP growth, 2018-2024 (cumulative) |
|---|---|---|
| 12 | Sonora | 5.4% |
| 13 | Durango | 5.4% |
| 14 | Zacatecas | 5.3% |
| 15 | Mexico City | 5.2% |
| 16 | Tamaulipas | 4.8% |
| 17 | Guanajuato | 4.6% |
| 18 | Puebla | 4.4% |
Manufacturing share of gross value added, 2024 (2024)
Mexico City ranks 27 of 32, highest first.
| Rank | Region | Manufacturing share of gross value added, 2024 |
|---|---|---|
| 24 | Chiapas | 7.9% |
| 25 | Colima | 6.0% |
| 26 | Tabasco | 5.9% |
| 27 | Mexico City | 5.4% |
| 28 | Nayarit | 5.4% |
| 29 | Guerrero | 3.8% |
| 30 | Baja California Sur | 2.4% |
Unemployment rate, Q2 2026 (Q2 2026)
Mexico City ranks 1 of 32, highest first.
| Rank | Region | Unemployment rate, Q2 2026 |
|---|---|---|
| 1 | Mexico City | 4.2% |
| 2 | Tabasco | 4.0% |
| 3 | Coahuila | 3.7% |
| 4 | Tlaxcala | 3.4% |
| 5 | Guanajuato | 3.2% |
| 6 | Tamaulipas | 3.2% |
| 7 | San Luis Potosi | 3.2% |
Labour force participation rate (age 15+), Q2 2026 (Q2 2026)
Mexico City ranks 6 of 32, highest first.
| Rank | Region | Labour force participation rate (age 15+), Q2 2026 |
|---|---|---|
| 3 | Quintana Roo | 66.4% |
| 4 | Colima | 65.5% |
| 5 | Yucatan | 64.1% |
| 6 | Mexico City | 62.9% |
| 7 | Sonora | 62.7% |
| 8 | Tlaxcala | 61.8% |
| 9 | Puebla | 61.2% |
Labour informality rate (TIL1), Q2 2026 (Q2 2026)
Mexico City ranks 22 of 32, highest first.
| Rank | Region | Labour informality rate (TIL1), Q2 2026 |
|---|---|---|
| 19 | Sinaloa | 49.0% |
| 20 | Jalisco | 46.5% |
| 21 | Colima | 46.2% |
| 22 | Mexico City | 45.3% |
| 23 | Quintana Roo | 45.0% |
| 24 | Tamaulipas | 44.4% |
| 25 | Sonora | 43.9% |
Average income per hour worked, employed people, Q2 2026 (Q2 2026)
Mexico City ranks 2 of 32, highest first.
| Rank | Region | Average income per hour worked, employed people, Q2 2026 |
|---|---|---|
| 1 | Baja California Sur | 103.33 pesos |
| 2 | Mexico City | 103.26 pesos |
| 3 | Nuevo Leon | 95.07 pesos |
| 4 | Colima | 88.59 pesos |
| 5 | Chihuahua | 85.34 pesos |
| 6 | Sinaloa | 85.30 pesos |
| 7 | Baja California | 84.63 pesos |
Average quarterly current income per household, 2024 (2024)
Mexico City ranks 2 of 32, highest first.
| Rank | Region | Average quarterly current income per household, 2024 |
|---|---|---|
| 1 | Nuevo Leon | 117,034 pesos |
| 2 | Mexico City | 110,685 pesos |
| 3 | Baja California Sur | 104,728 pesos |
| 4 | Baja California | 101,187 pesos |
| 5 | Queretaro | 97,615 pesos |
| 6 | Sonora | 94,721 pesos |
| 7 | Chihuahua | 92,363 pesos |
Average quarterly current income per person, 2024 (2024)
Mexico City ranks 1 of 32, highest first.
| Rank | Region | Average quarterly current income per person, 2024 |
|---|---|---|
| 1 | Mexico City | 36,506 pesos |
| 2 | Nuevo Leon | 35,499 pesos |
| 3 | Baja California Sur | 33,381 pesos |
| 4 | Baja California | 31,880 pesos |
| 5 | Sonora | 29,456 pesos |
| 6 | Queretaro | 29,266 pesos |
| 7 | Colima | 29,015 pesos |
Gini coefficient of income per person, 2024 (2024)
Mexico City ranks 1 of 32, highest first. Gini coefficient: 0 means everyone has the same income, 1 means one person has all of it.
| Rank | Region | Gini coefficient of income per person, 2024 |
|---|---|---|
| 1 | Mexico City | 0.445 |
| 2 | Nuevo Leon | 0.432 |
| 3 | Guerrero | 0.427 |
| 4 | Oaxaca | 0.414 |
| 5 | Chiapas | 0.413 |
| 6 | San Luis Potosi | 0.409 |
| 7 | Yucatan | 0.402 |
More on Mexico City: overview · health · education and schools · poverty and living standards · government budget · Mexico
Sources
- Instituto Nacional de Estadistica y Geografia (INEGI): Encuesta Nacional de Ingresos y Gastos de los Hogares (ENIGH) 2024, nueva serie, tables by federal entity: 1.3 (households), 2.1 and 2.3 (average quarterly current income per household and per person, deciles and Gini, 2016-2024 at constant 2024 prices), 4.5 (household spending by category), 6.1 (income and spending per household), read 23 October 2026 · saved copy (SHA-256 70b3c7ea2dc8…)
- Instituto Nacional de Estadistica y Geografia (INEGI): Encuesta Nacional de Ocupacion y Empleo (ENOE): strategic indicators of occupation and employment, April-June 2026, national and federal entity tables, read 23 October 2026 · saved copy (SHA-256 ad9d2139d9ee…)
- Instituto Nacional de Estadistica y Geografia (INEGI): Encuesta Nacional de Ocupacion y Empleo (ENOE): strategic indicators of occupation and employment, April-June 2025, national and federal entity tables, read 23 October 2026 · saved copy (SHA-256 8e9948078b2c…)
- Instituto Nacional de Estadistica y Geografia (INEGI): ENOE, informalidad laboral: quarterly labour informality and informal-sector rates by federal entity and sex, 2005-2026 (Tasas_Infor_enti-1.xlsx), read 23 October 2026 · saved copy (SHA-256 d940bbd2871c…)
- Instituto Nacional de Estadistica y Geografia (INEGI): Producto Interno Bruto por Entidad Federativa (PIBE), base year 2018, series 2003-2024 (2024 revised): tables PIBE_2 (GDP), PIBE_4 (gross value added), PIBE_5, PIBE_12 and PIBE_31 (primary, secondary and tertiary activities), PIBE_13 and PIBE_14 (mining, oil mining), PIBE_18 (manufacturing), PIBE_44 (accommodation and food services), read 23 October 2026 · saved copy (SHA-256 c2de99570137…)
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