Chihuahua is one of the states with the highest economic activity in Mexico. It occupies the 7th national place in economic growth and the 1st national place in the least occupation in the informal sector. This means that the rate of labor informality in the city is very low.
In addition, it ranks 1st in the national territory for total exports, due to its strategic location. Chihuahua has a connection to ports, railways, and highly developed airports to carry out 15% of the national total exports.
Location is one of the most important factors to be taken into account by foreign investors since it means potential savings and higher profits. Another important factor is labor prices; in Chihuahua, they are the lowest in the region.
Some numbers of the economic activity in Chihuahua
In the past 12 months, the world has faced irregular economic activity due to the pandemic. However, Chihuahua has generated a growth of 57.839 formal jobs. It presents an unemployment rate of 4.0% in the first quarter of 2021, a fairly low and motivating percentage.
The GDP per capita of the State of Chihuahua is $ 192,434 current pesos
From 2010 to 2020 it had a growth of 17%. Gross production is divided into 54% by large companies, 19.5% by medium-sized companies, 13.6% by small companies, and 12.0% by micro-companies.
Chihuahua is the 6th state with the highest reception of foreign direct investment from 2013 to the present. The manufacturing sector leads the highest demand with 66.4%, followed by investments in extraction with 12.7% and transportation with 11.4%. The rest of the percentage is divided between the sectors of financial services, commerce, information in the media, energy, and construction.
The potential economic activity that Chihuahua generates is very attractive for large investors. Chihuahua Global has worked for hand in hand with important international companies offering professional and experienced personnel in engineering, technology, science, mathematics, and logistics. We are pioneers in the commercial area in Chihuahua and we offer the best services in the state.
By: Prontuario Estadístico, CHIHUAHUA, Mayo 2021.