Economy, jobs and prices in Guanajuato, Mexico: official figures
The gross domestic product of Guanajuato was 1.52 trillion pesos in 2024 at current prices, according to INEGI, 4.5% of Mexico's 33.58 trillion pesos and 5th largest of 32 federal entities. In current pesos it was up 7.6% on 2023.
How fast is the economy of Guanajuato growing?
After removing price changes, the economy of Guanajuato grew 4.1% in 2024, against 1.5% for Mexico as a whole; 6th fastest growth of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHas the economy of Guanajuato grown since 2018?
In real terms GDP in Guanajuato was 4.6% higher in 2024 than in 2018 (Mexico 5.0% higher), 16th smallest growth of 32. Since 2003 it has grown 65.3% in real terms (Mexico 41.9%), and its share of national GDP has moved from 3.90% to 4.53%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the GDP per capita of Guanajuato?
Dividing 2024 GDP by CONAPO's mid-2024 population gives 234,605 pesos per person in Guanajuato, 0.92 times the national figure of 253,888 pesos; 15th lowest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat are the main industries in Guanajuato?
In 2024 tertiary activities (trade and services) made up 55.1% of gross value added in Guanajuato, secondary activities (industry, mining, construction and utilities) 40.2% and primary activities (farming, livestock, forestry and fishing) 4.7% (16th highest farm share of 32; Mexico 4.1%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow important is manufacturing in Guanajuato?
Manufacturing produced 32.3% of gross value added in Guanajuato in 2024 (9th highest of 32; Mexico 21.5%), and mining 0.24%. Hotels and restaurants accounted for 1.6% (9th lowest of 32).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the unemployment rate in Guanajuato?
The unemployment rate in Guanajuato was 3.2% in April to June 2026, according to INEGI's ENOE labour force survey, against 2.7% for Mexico; 5th highest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat was the unemployment rate in Guanajuato in 2025?
A year earlier, in April to June 2025, the ENOE put unemployment in Guanajuato at 2.5% (Mexico 2.7%; 15th highest of 32), with 2,850,322 people in work and labour force participation of 59.6%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow many people work in Guanajuato?
About 2,936,908 people in Guanajuato were working in April to June 2026 and 97,267 were unemployed. 60.7% of residents aged 15 and over were in the labour force (13th highest of 32; Mexico 59.1%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow many workers in Guanajuato are informal?
54.8% of employed people in Guanajuato worked informally in April to June 2026 (without social security through their job or in unregistered businesses), against 55.1% nationally; 15th lowest of 32. A year earlier the rate was 54.7%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyIs informal work in Guanajuato falling?
Labour informality in Guanajuato was 54.8% in April to June 2026, up 1.0 percentage point on the same quarter of 2019 (53.7%) and down 5.3 percentage points on 2005 (60.1%), when INEGI's quarterly series begins.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat jobs do people do in Guanajuato?
In April to June 2026, 58.6% of workers in Guanajuato had no access to health services through their work, 69.7% were salaried employees, and 23.9% worked in manufacturing; 7.7% worked in farming, livestock, forestry or fishing.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the average wage in Guanajuato?
Employed people in Guanajuato earned an average of 67.09 pesos per hour worked in April to June 2026 (Mexico 70.26 pesos; 14th lowest of 32), and worked an average of 41.3 hours a week (Mexico 41.5).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the average household income in Guanajuato?
Average current income per household in Guanajuato was 74,545 pesos a quarter in 2024 (about 24,848 pesos a month), against 77,864 pesos for Mexico, according to INEGI's ENIGH household survey; 16th lowest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyIs household income rising in Guanajuato?
At constant 2024 prices, average household income in Guanajuato was up 12.2% on 2022 and down 12.9% on 2016 (Mexico up 10.8% since 2016).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the income per person in Guanajuato?
Income per person in Guanajuato averaged 21,058 pesos a quarter in 2024 (Mexico 23,217 pesos; 14th lowest of 32). The richest tenth of people had 10.2 times the average income of the poorest tenth.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow unequal is income in Guanajuato?
The Gini coefficient of income per person in Guanajuato was 0.363 in 2024 (Mexico 0.417), 7th least unequal of 32; in 2016 it was 0.519.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much do households in Guanajuato spend?
The 1,786,034 households of Guanajuato spent an average of 57,453 pesos a quarter on current consumption in 2024 (Mexico 61,309 pesos); 37.6% of their cash spending went on food, drink and tobacco (Mexico 37.7%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow Guanajuato compares with other states
GDP at current prices, 2024 (2024)
Guanajuato ranks 5 of 32, highest first.
| Rank | Region | GDP at current prices, 2024 |
|---|---|---|
| 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 |
| 8 | Chihuahua | 1.29 trillion pesos |
GDP per person, 2024 (GDP / CONAPO mid-2024 population) (2024)
Guanajuato ranks 18 of 32, highest first.
| Rank | Region | GDP per person, 2024 (GDP / CONAPO mid-2024 population) |
|---|---|---|
| 15 | San Luis Potosi | 264,089 pesos |
| 16 | Quintana Roo | 250,180 pesos |
| 17 | Durango | 237,589 pesos |
| 18 | Guanajuato | 234,605 pesos |
| 19 | Sinaloa | 224,616 pesos |
| 20 | Yucatan | 220,933 pesos |
| 21 | Zacatecas | 204,554 pesos |
Real GDP growth, 2024 (2024)
Guanajuato ranks 6 of 32, highest first.
| Rank | Region | Real GDP growth, 2024 |
|---|---|---|
| 3 | Zacatecas | 4.8% |
| 4 | Yucatan | 4.2% |
| 5 | Puebla | 4.1% |
| 6 | Guanajuato | 4.1% |
| 7 | Baja California Sur | 3.8% |
| 8 | Veracruz | 3.4% |
| 9 | Nuevo Leon | 3.4% |
Real GDP growth, 2018-2024 (cumulative) (2018-2024)
Guanajuato ranks 17 of 32, highest first.
| Rank | Region | Real GDP growth, 2018-2024 (cumulative) |
|---|---|---|
| 14 | Zacatecas | 5.3% |
| 15 | Mexico City | 5.2% |
| 16 | Tamaulipas | 4.8% |
| 17 | Guanajuato | 4.6% |
| 18 | Puebla | 4.4% |
| 19 | San Luis Potosi | 3.8% |
| 20 | State of Mexico | 3.3% |
Manufacturing share of gross value added, 2024 (2024)
Guanajuato ranks 9 of 32, highest first.
| Rank | Region | Manufacturing share of gross value added, 2024 |
|---|---|---|
| 6 | Nuevo Leon | 33.9% |
| 7 | Queretaro | 33.9% |
| 8 | Tamaulipas | 32.9% |
| 9 | Guanajuato | 32.3% |
| 10 | Sonora | 30.6% |
| 11 | Tlaxcala | 28.4% |
| 12 | Puebla | 26.6% |
Unemployment rate, Q2 2026 (Q2 2026)
Guanajuato ranks 5 of 32, highest first.
| Rank | Region | Unemployment rate, Q2 2026 |
|---|---|---|
| 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% |
| 8 | State of Mexico | 3.1% |
Labour force participation rate (age 15+), Q2 2026 (Q2 2026)
Guanajuato ranks 13 of 32, highest first.
| Rank | Region | Labour force participation rate (age 15+), Q2 2026 |
|---|---|---|
| 10 | Oaxaca | 61.2% |
| 11 | Queretaro | 60.8% |
| 12 | Durango | 60.7% |
| 13 | Guanajuato | 60.7% |
| 14 | Nuevo Leon | 60.7% |
| 15 | Chihuahua | 60.3% |
| 16 | Coahuila | 60.2% |
Labour informality rate (TIL1), Q2 2026 (Q2 2026)
Guanajuato ranks 18 of 32, highest first.
| Rank | Region | Labour informality rate (TIL1), Q2 2026 |
|---|---|---|
| 15 | Durango | 55.5% |
| 16 | State of Mexico | 55.3% |
| 17 | San Luis Potosi | 54.9% |
| 18 | Guanajuato | 54.8% |
| 19 | Sinaloa | 49.0% |
| 20 | Jalisco | 46.5% |
| 21 | Colima | 46.2% |
Average income per hour worked, employed people, Q2 2026 (Q2 2026)
Guanajuato ranks 19 of 32, highest first.
| Rank | Region | Average income per hour worked, employed people, Q2 2026 |
|---|---|---|
| 16 | Durango | 69.86 pesos |
| 17 | Jalisco | 67.78 pesos |
| 18 | San Luis Potosi | 67.25 pesos |
| 19 | Guanajuato | 67.09 pesos |
| 20 | Michoacan | 64.12 pesos |
| 21 | Campeche | 63.84 pesos |
| 22 | Zacatecas | 62.87 pesos |
Average quarterly current income per household, 2024 (2024)
Guanajuato ranks 17 of 32, highest first.
| Rank | Region | Average quarterly current income per household, 2024 |
|---|---|---|
| 14 | Yucatan | 79,972 pesos |
| 15 | Tamaulipas | 77,302 pesos |
| 16 | Nayarit | 74,601 pesos |
| 17 | Guanajuato | 74,545 pesos |
| 18 | State of Mexico | 74,162 pesos |
| 19 | San Luis Potosi | 73,205 pesos |
| 20 | Durango | 69,589 pesos |
Average quarterly current income per person, 2024 (2024)
Guanajuato ranks 19 of 32, highest first.
| Rank | Region | Average quarterly current income per person, 2024 |
|---|---|---|
| 16 | Nayarit | 23,315 pesos |
| 17 | San Luis Potosi | 21,691 pesos |
| 18 | State of Mexico | 21,311 pesos |
| 19 | Guanajuato | 21,058 pesos |
| 20 | Morelos | 20,262 pesos |
| 21 | Michoacan | 19,940 pesos |
| 22 | Durango | 19,703 pesos |
Gini coefficient of income per person, 2024 (2024)
Guanajuato ranks 26 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 |
|---|---|---|
| 23 | Durango | 0.376 |
| 24 | Hidalgo | 0.370 |
| 25 | Sonora | 0.369 |
| 26 | Guanajuato | 0.363 |
| 27 | Baja California Sur | 0.359 |
| 28 | Coahuila | 0.358 |
| 29 | Tamaulipas | 0.358 |
More on Guanajuato: 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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