Economy, jobs and prices in Guerrero, Mexico: official figures
The gross domestic product of Guerrero was 432.0 billion pesos in 2024 at current prices, according to INEGI, 1.3% of Mexico's 33.58 trillion pesos and 7th smallest of 32 federal entities. In current pesos it was up 6.1% on 2023.
How fast is the economy of Guerrero growing?
After removing price changes, the economy of Guerrero grew 1.2% in 2024, against 1.5% for Mexico as a whole; 15th slowest growth of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHas the economy of Guerrero grown since 2018?
In real terms GDP in Guerrero was 1.2% lower in 2024 than in 2018 (Mexico 5.0% higher), 5th smallest growth of 32. Since 2003 it has grown 23.7% in real terms (Mexico 41.9%), and its share of national GDP has moved from 1.50% to 1.29%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the GDP per capita of Guerrero?
Dividing 2024 GDP by CONAPO's mid-2024 population gives 119,790 pesos per person in Guerrero, 0.47 times the national figure of 253,888 pesos; 2nd lowest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat are the main industries in Guerrero?
In 2024 tertiary activities (trade and services) made up 76.1% of gross value added in Guerrero, secondary activities (industry, mining, construction and utilities) 17.6% and primary activities (farming, livestock, forestry and fishing) 6.2% (12th highest farm share of 32; Mexico 4.1%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow important is manufacturing in Guerrero?
Manufacturing produced 3.8% of gross value added in Guerrero in 2024 (4th lowest of 32; Mexico 21.5%), and mining 2.9%. Hotels and restaurants accounted for 4.0% (6th highest of 32).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the unemployment rate in Guerrero?
The unemployment rate in Guerrero was 1.1% in April to June 2026, according to INEGI's ENOE labour force survey, against 2.7% for Mexico; 2nd lowest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat was the unemployment rate in Guerrero in 2025?
A year earlier, in April to June 2025, the ENOE put unemployment in Guerrero at 1.0% (Mexico 2.7%; the lowest of 32), with 1,507,245 people in work and labour force participation of 56.7%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow many people work in Guerrero?
About 1,542,295 people in Guerrero were working in April to June 2026 and 17,722 were unemployed. 58.1% of residents aged 15 and over were in the labour force (9th lowest of 32; Mexico 59.1%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow many workers in Guerrero are informal?
77.6% of employed people in Guerrero worked informally in April to June 2026 (without social security through their job or in unregistered businesses), against 55.1% nationally; 2nd highest of 32. A year earlier the rate was 76.0%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyIs informal work in Guerrero falling?
Labour informality in Guerrero was 77.6% in April to June 2026, down 1.4 percentage points on the same quarter of 2019 (79.0%) and up 0.3 percentage points on 2005 (77.3%), when INEGI's quarterly series begins.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat jobs do people do in Guerrero?
In April to June 2026, 81.5% of workers in Guerrero had no access to health services through their work, 47.0% were salaried employees, and 12.5% worked in manufacturing; 23.3% worked in farming, livestock, forestry or fishing.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the average wage in Guerrero?
Employed people in Guerrero earned an average of 59.52 pesos per hour worked in April to June 2026 (Mexico 70.26 pesos; 6th lowest of 32), and worked an average of 39.7 hours a week (Mexico 41.5).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the average household income in Guerrero?
Average current income per household in Guerrero was 48,548 pesos a quarter in 2024 (about 16,183 pesos a month), against 77,864 pesos for Mexico, according to INEGI's ENIGH household survey; 2nd lowest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyIs household income rising in Guerrero?
At constant 2024 prices, average household income in Guerrero was up 5.2% on 2022 and up 19.8% on 2016 (Mexico up 10.8% since 2016).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the income per person in Guerrero?
Income per person in Guerrero averaged 13,531 pesos a quarter in 2024 (Mexico 23,217 pesos; 2nd lowest of 32). The richest tenth of people had 19.8 times the average income of the poorest tenth.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow unequal is income in Guerrero?
The Gini coefficient of income per person in Guerrero was 0.427 in 2024 (Mexico 0.417), 3rd most unequal of 32; in 2016 it was 0.444.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much do households in Guerrero spend?
The 1,004,825 households of Guerrero spent an average of 43,239 pesos a quarter on current consumption in 2024 (Mexico 61,309 pesos); 43.3% of their cash spending went on food, drink and tobacco (Mexico 37.7%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow Guerrero compares with other states
GDP at current prices, 2024 (2024)
Guerrero ranks 26 of 32, highest first.
| Rank | Region | GDP at current prices, 2024 |
|---|---|---|
| 23 | Quintana Roo | 515.7 billion pesos |
| 24 | Durango | 454.7 billion pesos |
| 25 | Aguascalientes | 435.9 billion pesos |
| 26 | Guerrero | 432.0 billion pesos |
| 27 | Morelos | 353.7 billion pesos |
| 28 | Zacatecas | 347.4 billion pesos |
| 29 | Baja California Sur | 252.8 billion pesos |
GDP per person, 2024 (GDP / CONAPO mid-2024 population) (2024)
Guerrero ranks 31 of 32, highest first.
| Rank | Region | GDP per person, 2024 (GDP / CONAPO mid-2024 population) |
|---|---|---|
| 26 | Morelos | 173,058 pesos |
| 27 | Nayarit | 171,577 pesos |
| 28 | Puebla | 170,495 pesos |
| 29 | Oaxaca | 146,752 pesos |
| 30 | Tlaxcala | 139,985 pesos |
| 31 | Guerrero | 119,790 pesos |
| 32 | Chiapas | 88,074 pesos |
Real GDP growth, 2024 (2024)
Guerrero ranks 18 of 32, highest first.
| Rank | Region | Real GDP growth, 2024 |
|---|---|---|
| 15 | Mexico City | 2.2% |
| 16 | Tlaxcala | 1.7% |
| 17 | Queretaro | 1.4% |
| 18 | Guerrero | 1.2% |
| 19 | Michoacan | 1.0% |
| 20 | San Luis Potosi | 0.9% |
| 21 | Jalisco | 0.8% |
Real GDP growth, 2018-2024 (cumulative) (2018-2024)
Guerrero ranks 28 of 32, highest first.
| Rank | Region | Real GDP growth, 2018-2024 (cumulative) |
|---|---|---|
| 25 | Baja California Sur | 1.7% |
| 26 | Nayarit | 1.5% |
| 27 | Aguascalientes | 0.1% |
| 28 | Guerrero | -1.2% |
| 29 | Morelos | -1.3% |
| 30 | Sinaloa | -2.3% |
| 31 | Coahuila | -4.4% |
Manufacturing share of gross value added, 2024 (2024)
Guerrero ranks 29 of 32, highest first.
| Rank | Region | Manufacturing share of gross value added, 2024 |
|---|---|---|
| 26 | Tabasco | 5.9% |
| 27 | Mexico City | 5.4% |
| 28 | Nayarit | 5.4% |
| 29 | Guerrero | 3.8% |
| 30 | Baja California Sur | 2.4% |
| 31 | Quintana Roo | 1.9% |
| 32 | Campeche | 1.3% |
Unemployment rate, Q2 2026 (Q2 2026)
Guerrero ranks 31 of 32, highest first.
| Rank | Region | Unemployment rate, Q2 2026 |
|---|---|---|
| 26 | Puebla | 1.8% |
| 27 | Michoacan | 1.8% |
| 28 | Yucatan | 1.7% |
| 29 | Morelos | 1.7% |
| 30 | Colima | 1.6% |
| 31 | Guerrero | 1.1% |
| 32 | Oaxaca | 0.8% |
Labour force participation rate (age 15+), Q2 2026 (Q2 2026)
Guerrero ranks 24 of 32, highest first.
| Rank | Region | Labour force participation rate (age 15+), Q2 2026 |
|---|---|---|
| 21 | Baja California | 59.4% |
| 22 | Hidalgo | 58.9% |
| 23 | Tamaulipas | 58.4% |
| 24 | Guerrero | 58.1% |
| 25 | Sinaloa | 57.8% |
| 26 | Morelos | 57.6% |
| 27 | Tabasco | 57.5% |
Labour informality rate (TIL1), Q2 2026 (Q2 2026)
Guerrero ranks 2 of 32, highest first.
| Rank | Region | Labour informality rate (TIL1), Q2 2026 |
|---|---|---|
| 1 | Oaxaca | 80.1% |
| 2 | Guerrero | 77.6% |
| 3 | Chiapas | 76.9% |
| 4 | Tlaxcala | 72.0% |
| 5 | Hidalgo | 72.0% |
| 6 | Michoacan | 71.3% |
| 7 | Puebla | 70.3% |
Average income per hour worked, employed people, Q2 2026 (Q2 2026)
Guerrero ranks 27 of 32, highest first.
| Rank | Region | Average income per hour worked, employed people, Q2 2026 |
|---|---|---|
| 24 | Tabasco | 61.95 pesos |
| 25 | State of Mexico | 61.14 pesos |
| 26 | Veracruz | 59.83 pesos |
| 27 | Guerrero | 59.52 pesos |
| 28 | Oaxaca | 57.40 pesos |
| 29 | Tlaxcala | 53.94 pesos |
| 30 | Morelos | 53.57 pesos |
Average quarterly current income per household, 2024 (2024)
Guerrero ranks 31 of 32, highest first.
| Rank | Region | Average quarterly current income per household, 2024 |
|---|---|---|
| 26 | Zacatecas | 60,292 pesos |
| 27 | Hidalgo | 59,461 pesos |
| 28 | Tlaxcala | 58,834 pesos |
| 29 | Veracruz | 53,030 pesos |
| 30 | Oaxaca | 52,025 pesos |
| 31 | Guerrero | 48,548 pesos |
| 32 | Chiapas | 41,084 pesos |
Average quarterly current income per person, 2024 (2024)
Guerrero ranks 31 of 32, highest first.
| Rank | Region | Average quarterly current income per person, 2024 |
|---|---|---|
| 26 | Puebla | 17,701 pesos |
| 27 | Zacatecas | 17,389 pesos |
| 28 | Veracruz | 16,487 pesos |
| 29 | Tlaxcala | 16,221 pesos |
| 30 | Oaxaca | 14,776 pesos |
| 31 | Guerrero | 13,531 pesos |
| 32 | Chiapas | 10,897 pesos |
Gini coefficient of income per person, 2024 (2024)
Guerrero ranks 3 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 Guerrero: 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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