Economy, jobs and prices in Yucatan, Mexico: official figures
The gross domestic product of Yucatan was 548.7 billion pesos in 2024 at current prices, according to INEGI, 1.6% of Mexico's 33.58 trillion pesos and 13th smallest of 32 federal entities. In current pesos it was up 8.4% on 2023.
How fast is the economy of Yucatan growing?
After removing price changes, the economy of Yucatan grew 4.2% in 2024, against 1.5% for Mexico as a whole; 4th fastest growth of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHas the economy of Yucatan grown since 2018?
In real terms GDP in Yucatan was 10.8% higher in 2024 than in 2018 (Mexico 5.0% higher), 3rd largest growth of 32. Since 2003 it has grown 70.1% in real terms (Mexico 41.9%), and its share of national GDP has moved from 1.34% to 1.63%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the GDP per capita of Yucatan?
Dividing 2024 GDP by CONAPO's mid-2024 population gives 220,933 pesos per person in Yucatan, 0.87 times the national figure of 253,888 pesos; 13th lowest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat are the main industries in Yucatan?
In 2024 tertiary activities (trade and services) made up 70.6% of gross value added in Yucatan, secondary activities (industry, mining, construction and utilities) 25.5% and primary activities (farming, livestock, forestry and fishing) 3.9% (13th lowest farm share of 32; Mexico 4.1%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow important is manufacturing in Yucatan?
Manufacturing produced 11.4% of gross value added in Yucatan in 2024 (12th lowest of 32; Mexico 21.5%), and mining 1.5%. Hotels and restaurants accounted for 4.8% (4th highest of 32).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the unemployment rate in Yucatan?
The unemployment rate in Yucatan was 1.7% in April to June 2026, according to INEGI's ENOE labour force survey, against 2.7% for Mexico; 5th lowest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat was the unemployment rate in Yucatan in 2025?
A year earlier, in April to June 2025, the ENOE put unemployment in Yucatan at 1.9% (Mexico 2.7%; 7th lowest of 32), with 1,217,647 people in work and labour force participation of 65.8%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow many people work in Yucatan?
About 1,255,687 people in Yucatan were working in April to June 2026 and 21,876 were unemployed. 64.1% of residents aged 15 and over were in the labour force (5th highest of 32; Mexico 59.1%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow many workers in Yucatan are informal?
59.1% of employed people in Yucatan worked informally in April to June 2026 (without social security through their job or in unregistered businesses), against 55.1% nationally; 13th highest of 32. A year earlier the rate was 58.6%.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyIs informal work in Yucatan falling?
Labour informality in Yucatan was 59.1% in April to June 2026, up 0.2 percentage points on the same quarter of 2019 (58.9%) and down 2.4 percentage points on 2005 (61.5%), when INEGI's quarterly series begins.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat jobs do people do in Yucatan?
In April to June 2026, 64.1% of workers in Yucatan had no access to health services through their work, 65.8% were salaried employees, and 15.1% worked in manufacturing; 9.6% worked in farming, livestock, forestry or fishing.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the average wage in Yucatan?
Employed people in Yucatan earned an average of 73.81 pesos per hour worked in April to June 2026 (Mexico 70.26 pesos; 14th highest 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 Yucatan?
Average current income per household in Yucatan was 79,972 pesos a quarter in 2024 (about 26,657 pesos a month), against 77,864 pesos for Mexico, according to INEGI's ENIGH household survey; 14th highest of 32.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyIs household income rising in Yucatan?
At constant 2024 prices, average household income in Yucatan was up 16.0% on 2022 and up 25.4% on 2016 (Mexico up 10.8% since 2016).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyWhat is the income per person in Yucatan?
Income per person in Yucatan averaged 24,117 pesos a quarter in 2024 (Mexico 23,217 pesos; 14th highest of 32). The richest tenth of people had 13.9 times the average income of the poorest tenth.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow unequal is income in Yucatan?
The Gini coefficient of income per person in Yucatan was 0.402 in 2024 (Mexico 0.417), 7th most unequal of 32; in 2016 it was 0.430.
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow much do households in Yucatan spend?
The 717,295 households of Yucatan spent an average of 65,892 pesos a quarter on current consumption in 2024 (Mexico 61,309 pesos); 36.8% of their cash spending went on food, drink and tobacco (Mexico 37.7%).
Source: Instituto Nacional de Estadistica y Geografia (INEGI) · saved copyHow Yucatan compares with other states
GDP at current prices, 2024 (2024)
Yucatan ranks 20 of 32, highest first.
| Rank | Region | GDP at current prices, 2024 |
|---|---|---|
| 17 | Tabasco | 695.5 billion pesos |
| 18 | Oaxaca | 632.3 billion pesos |
| 19 | Hidalgo | 587.7 billion pesos |
| 20 | Yucatan | 548.7 billion pesos |
| 21 | Chiapas | 530.9 billion pesos |
| 22 | Campeche | 523.0 billion pesos |
| 23 | Quintana Roo | 515.7 billion pesos |
GDP per person, 2024 (GDP / CONAPO mid-2024 population) (2024)
Yucatan ranks 20 of 32, highest first.
| Rank | Region | GDP per person, 2024 (GDP / CONAPO mid-2024 population) |
|---|---|---|
| 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 |
| 22 | Michoacan | 184,851 pesos |
| 23 | Hidalgo | 180,043 pesos |
Real GDP growth, 2024 (2024)
Yucatan ranks 4 of 32, highest first.
| Rank | Region | Real GDP growth, 2024 |
|---|---|---|
| 1 | Durango | 5.3% |
| 2 | Oaxaca | 5.1% |
| 3 | Zacatecas | 4.8% |
| 4 | Yucatan | 4.2% |
| 5 | Puebla | 4.1% |
| 6 | Guanajuato | 4.1% |
| 7 | Baja California Sur | 3.8% |
Real GDP growth, 2018-2024 (cumulative) (2018-2024)
Yucatan ranks 3 of 32, highest first.
| Rank | Region | Real GDP growth, 2018-2024 (cumulative) |
|---|---|---|
| 1 | Tabasco | 27.9% |
| 2 | Oaxaca | 21.6% |
| 3 | Yucatan | 10.8% |
| 4 | Chiapas | 9.8% |
| 5 | Chihuahua | 9.3% |
| 6 | Hidalgo | 8.5% |
| 7 | Baja California | 8.2% |
Manufacturing share of gross value added, 2024 (2024)
Yucatan ranks 21 of 32, highest first.
| Rank | Region | Manufacturing share of gross value added, 2024 |
|---|---|---|
| 18 | Veracruz | 15.2% |
| 19 | Zacatecas | 14.2% |
| 20 | Oaxaca | 12.2% |
| 21 | Yucatan | 11.4% |
| 22 | Michoacan | 11.4% |
| 23 | Sinaloa | 8.7% |
| 24 | Chiapas | 7.9% |
Unemployment rate, Q2 2026 (Q2 2026)
Yucatan ranks 28 of 32, highest first.
| Rank | Region | Unemployment rate, Q2 2026 |
|---|---|---|
| 25 | Veracruz | 1.9% |
| 26 | Puebla | 1.8% |
| 27 | Michoacan | 1.8% |
| 28 | Yucatan | 1.7% |
| 29 | Morelos | 1.7% |
| 30 | Colima | 1.6% |
| 31 | Guerrero | 1.1% |
Labour force participation rate (age 15+), Q2 2026 (Q2 2026)
Yucatan ranks 5 of 32, highest first.
| Rank | Region | Labour force participation rate (age 15+), Q2 2026 |
|---|---|---|
| 2 | Nayarit | 66.7% |
| 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% |
Labour informality rate (TIL1), Q2 2026 (Q2 2026)
Yucatan ranks 13 of 32, highest first.
| Rank | Region | Labour informality rate (TIL1), Q2 2026 |
|---|---|---|
| 10 | Tabasco | 66.2% |
| 11 | Campeche | 61.4% |
| 12 | Zacatecas | 61.2% |
| 13 | Yucatan | 59.1% |
| 14 | Nayarit | 58.9% |
| 15 | Durango | 55.5% |
| 16 | State of Mexico | 55.3% |
Average income per hour worked, employed people, Q2 2026 (Q2 2026)
Yucatan ranks 14 of 32, highest first.
| Rank | Region | Average income per hour worked, employed people, Q2 2026 |
|---|---|---|
| 11 | Tamaulipas | 76.27 pesos |
| 12 | Nayarit | 74.93 pesos |
| 13 | Queretaro | 73.86 pesos |
| 14 | Yucatan | 73.81 pesos |
| 15 | Aguascalientes | 72.94 pesos |
| 16 | Durango | 69.86 pesos |
| 17 | Jalisco | 67.78 pesos |
Average quarterly current income per household, 2024 (2024)
Yucatan ranks 14 of 32, highest first.
| Rank | Region | Average quarterly current income per household, 2024 |
|---|---|---|
| 11 | Jalisco | 87,199 pesos |
| 12 | Colima | 86,241 pesos |
| 13 | Sinaloa | 82,837 pesos |
| 14 | Yucatan | 79,972 pesos |
| 15 | Tamaulipas | 77,302 pesos |
| 16 | Nayarit | 74,601 pesos |
| 17 | Guanajuato | 74,545 pesos |
Average quarterly current income per person, 2024 (2024)
Yucatan ranks 14 of 32, highest first.
| Rank | Region | Average quarterly current income per person, 2024 |
|---|---|---|
| 11 | Aguascalientes | 26,137 pesos |
| 12 | Coahuila | 26,133 pesos |
| 13 | Sinaloa | 24,952 pesos |
| 14 | Yucatan | 24,117 pesos |
| 15 | Tamaulipas | 24,056 pesos |
| 16 | Nayarit | 23,315 pesos |
| 17 | San Luis Potosi | 21,691 pesos |
Gini coefficient of income per person, 2024 (2024)
Yucatan ranks 7 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 |
|---|---|---|
| 4 | Oaxaca | 0.414 |
| 5 | Chiapas | 0.413 |
| 6 | San Luis Potosi | 0.409 |
| 7 | Yucatan | 0.402 |
| 8 | Queretaro | 0.401 |
| 9 | Puebla | 0.399 |
| 10 | Michoacan | 0.396 |
More on Yucatan: 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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