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

The gross domestic product of Oaxaca was 632.3 billion pesos in 2024 at current prices, according to INEGI, 1.9% of Mexico's 33.58 trillion pesos and 15th smallest of 32 federal entities. In current pesos it was up 9.8% on 2023.

GDP (current prices, 2024)
632.3 billion pesos
2024
GDP per person (2024)
146,752 pesos
2024
Unemployment rate (Q2 2026)
0.8%
Q2 2026
Labour informality rate (Q2 2026)
80.1%
Q2 2026
Average household income, quarterly (2024)
52,025 pesos
2024

How fast is the economy of Oaxaca growing?

After removing price changes, the economy of Oaxaca grew 5.1% in 2024, against 1.5% for Mexico as a whole; 2nd fastest growth of 32.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Has the economy of Oaxaca grown since 2018?

In real terms GDP in Oaxaca was 21.6% higher in 2024 than in 2018 (Mexico 5.0% higher), 2nd largest growth of 32. Since 2003 it has grown 28.5% in real terms (Mexico 41.9%), and its share of national GDP has moved from 1.68% to 1.88%.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

What is the GDP per capita of Oaxaca?

Dividing 2024 GDP by CONAPO's mid-2024 population gives 146,752 pesos per person in Oaxaca, 0.58 times the national figure of 253,888 pesos; 4th lowest of 32.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

What are the main industries in Oaxaca?

In 2024 tertiary activities (trade and services) made up 58.5% of gross value added in Oaxaca, secondary activities (industry, mining, construction and utilities) 36.8% and primary activities (farming, livestock, forestry and fishing) 4.7% (15th highest farm share of 32; Mexico 4.1%).

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

How important is manufacturing in Oaxaca?

Manufacturing produced 12.2% of gross value added in Oaxaca in 2024 (13th lowest of 32; Mexico 21.5%), and mining 0.42%. Hotels and restaurants accounted for 3.1% (9th highest of 32).

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

What is the unemployment rate in Oaxaca?

The unemployment rate in Oaxaca was 0.8% in April to June 2026, according to INEGI's ENOE labour force survey, against 2.7% for Mexico; the lowest of 32.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

What was the unemployment rate in Oaxaca in 2025?

A year earlier, in April to June 2025, the ENOE put unemployment in Oaxaca at 1.1% (Mexico 2.7%; 2nd lowest of 32), with 1,833,693 people in work and labour force participation of 57.7%.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

How many people work in Oaxaca?

About 1,936,523 people in Oaxaca were working in April to June 2026 and 15,534 were unemployed. 61.2% of residents aged 15 and over were in the labour force (10th highest of 32; Mexico 59.1%).

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

How many workers in Oaxaca are informal?

80.1% of employed people in Oaxaca worked informally in April to June 2026 (without social security through their job or in unregistered businesses), against 55.1% nationally; the highest of 32. A year earlier the rate was 78.5%.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Is informal work in Oaxaca falling?

Labour informality in Oaxaca was 80.1% in April to June 2026, down 1.6 percentage points on the same quarter of 2019 (81.7%) and down 1.4 percentage points on 2005 (81.5%), when INEGI's quarterly series begins.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

What jobs do people do in Oaxaca?

In April to June 2026, 83.6% of workers in Oaxaca had no access to health services through their work, 42.3% were salaried employees, and 11.6% worked in manufacturing; 27.4% worked in farming, livestock, forestry or fishing.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

What is the average wage in Oaxaca?

Employed people in Oaxaca earned an average of 57.40 pesos per hour worked in April to June 2026 (Mexico 70.26 pesos; 5th lowest of 32), and worked an average of 38.5 hours a week (Mexico 41.5).

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

What is the average household income in Oaxaca?

Average current income per household in Oaxaca was 52,025 pesos a quarter in 2024 (about 17,342 pesos a month), against 77,864 pesos for Mexico, according to INEGI's ENIGH household survey; 3rd lowest of 32.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Is household income rising in Oaxaca?

At constant 2024 prices, average household income in Oaxaca was up 8.6% on 2022 and up 25.0% on 2016 (Mexico up 10.8% since 2016).

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

What is the income per person in Oaxaca?

Income per person in Oaxaca averaged 14,776 pesos a quarter in 2024 (Mexico 23,217 pesos; 3rd lowest of 32). The richest tenth of people had 17.5 times the average income of the poorest tenth.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

How unequal is income in Oaxaca?

The Gini coefficient of income per person in Oaxaca was 0.414 in 2024 (Mexico 0.417), 4th most unequal of 32; in 2016 it was 0.456.

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

How much do households in Oaxaca spend?

The 1,212,520 households of Oaxaca spent an average of 44,142 pesos a quarter on current consumption in 2024 (Mexico 61,309 pesos); 40.4% of their cash spending went on food, drink and tobacco (Mexico 37.7%).

Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

How Oaxaca compares with other states

GDP at current prices, 2024 (2024)

Oaxaca ranks 18 of 32, highest first.

RankRegionGDP at current prices, 2024
15San Luis Potosi780.6 billion pesos
16Sinaloa711.1 billion pesos
17Tabasco695.5 billion pesos
18Oaxaca632.3 billion pesos
19Hidalgo587.7 billion pesos
20Yucatan548.7 billion pesos
21Chiapas530.9 billion pesos
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

GDP per person, 2024 (GDP / CONAPO mid-2024 population) (2024)

Oaxaca ranks 29 of 32, highest first.

RankRegionGDP per person, 2024 (GDP / CONAPO mid-2024 population)
26Morelos173,058 pesos
27Nayarit171,577 pesos
28Puebla170,495 pesos
29Oaxaca146,752 pesos
30Tlaxcala139,985 pesos
31Guerrero119,790 pesos
32Chiapas88,074 pesos
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Real GDP growth, 2024 (2024)

Oaxaca ranks 2 of 32, highest first.

RankRegionReal GDP growth, 2024
1Durango5.3%
2Oaxaca5.1%
3Zacatecas4.8%
4Yucatan4.2%
5Puebla4.1%
6Guanajuato4.1%
7Baja California Sur3.8%
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Real GDP growth, 2018-2024 (cumulative) (2018-2024)

Oaxaca ranks 2 of 32, highest first.

RankRegionReal GDP growth, 2018-2024 (cumulative)
1Tabasco27.9%
2Oaxaca21.6%
3Yucatan10.8%
4Chiapas9.8%
5Chihuahua9.3%
6Hidalgo8.5%
7Baja California8.2%
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Manufacturing share of gross value added, 2024 (2024)

Oaxaca ranks 20 of 32, highest first.

RankRegionManufacturing share of gross value added, 2024
17Durango19.1%
18Veracruz15.2%
19Zacatecas14.2%
20Oaxaca12.2%
21Yucatan11.4%
22Michoacan11.4%
23Sinaloa8.7%
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Unemployment rate, Q2 2026 (Q2 2026)

Oaxaca ranks 32 of 32, highest first.

RankRegionUnemployment rate, Q2 2026
26Puebla1.8%
27Michoacan1.8%
28Yucatan1.7%
29Morelos1.7%
30Colima1.6%
31Guerrero1.1%
32Oaxaca0.8%
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Labour force participation rate (age 15+), Q2 2026 (Q2 2026)

Oaxaca ranks 10 of 32, highest first.

RankRegionLabour force participation rate (age 15+), Q2 2026
7Sonora62.7%
8Tlaxcala61.8%
9Puebla61.2%
10Oaxaca61.2%
11Queretaro60.8%
12Durango60.7%
13Guanajuato60.7%
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Labour informality rate (TIL1), Q2 2026 (Q2 2026)

Oaxaca ranks 1 of 32, highest first.

RankRegionLabour informality rate (TIL1), Q2 2026
1Oaxaca80.1%
2Guerrero77.6%
3Chiapas76.9%
4Tlaxcala72.0%
5Hidalgo72.0%
6Michoacan71.3%
7Puebla70.3%
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Average income per hour worked, employed people, Q2 2026 (Q2 2026)

Oaxaca ranks 28 of 32, highest first.

RankRegionAverage income per hour worked, employed people, Q2 2026
25State of Mexico61.14 pesos
26Veracruz59.83 pesos
27Guerrero59.52 pesos
28Oaxaca57.40 pesos
29Tlaxcala53.94 pesos
30Morelos53.57 pesos
31Puebla53.24 pesos
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Average quarterly current income per household, 2024 (2024)

Oaxaca ranks 30 of 32, highest first.

RankRegionAverage quarterly current income per household, 2024
26Zacatecas60,292 pesos
27Hidalgo59,461 pesos
28Tlaxcala58,834 pesos
29Veracruz53,030 pesos
30Oaxaca52,025 pesos
31Guerrero48,548 pesos
32Chiapas41,084 pesos
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Average quarterly current income per person, 2024 (2024)

Oaxaca ranks 30 of 32, highest first.

RankRegionAverage quarterly current income per person, 2024
26Puebla17,701 pesos
27Zacatecas17,389 pesos
28Veracruz16,487 pesos
29Tlaxcala16,221 pesos
30Oaxaca14,776 pesos
31Guerrero13,531 pesos
32Chiapas10,897 pesos
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

Gini coefficient of income per person, 2024 (2024)

Oaxaca ranks 4 of 32, highest first. Gini coefficient: 0 means everyone has the same income, 1 means one person has all of it.

RankRegionGini coefficient of income per person, 2024
1Mexico City0.445
2Nuevo Leon0.432
3Guerrero0.427
4Oaxaca0.414
5Chiapas0.413
6San Luis Potosi0.409
7Yucatan0.402
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copy

More on Oaxaca: overview · health · education and schools · poverty and living standards · government budget · Mexico

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