Economy of Guerrero

With 42% of its population residing in rural communities of less than 2,500 inhabitants, Guerrero is one of the three poorest and marginalized in the country, as the average income for a state citizen is of only a little more than $5,000 dollars per year, below the national median which now stands at almost $8,000 dollars.

Agriculture is present in 85% of the state municipalities, but it happens to be an agriculture of a rather temporary nature, supplying only the necessary produce for local consumption. This is why this sector only contributes 5% of the states Gross Domestic Product. In the La Montaña region, cattle is raised to supply the locals as well.

The municipality of Acapulco de Juarez concentrates 24% of the population in the state, due to the presence of Acapulco, one of the major tourist attractions in Mexico. It is only natural then that the commerce, hotels and restaurants sector contributes handsomely to the local GDP with a 26%, as anyone can deduce from observing the remarkable quality and quantity of hotels and restaurants along the bays of Acapulco and Zihuatanejo.

The rest of the state income comes from the Services sector at 28%; the financial and real-estate sectors with 13%; and transportation and storage activities with 12%.
 

Articles Releated with Guerrero

In the Europe of the Middle Ages, the cathedral was witho...

Mexico is a country with a great cultural dynamic, a vast...

As we know, this year new Mexican elements were added to ...

José Agustín; He was born in the State of G...

The Cristero War is also known as Cristiada. It was an ar...

The three most representative economic models in Mexico’s...

According to legend, in the year 1751 once the temple’s c...

Since we are located in a great seismic zone of the world...

Leonora Carrington was born in South Lancaster, England. ...

The history of migration of Mexican citizens to the Unite...

Most Viewed

The Best Cities to Live in Mexico

The best cities to live in Mexico vary according to the p...

Mexico’s Flag

Mexico’s flag is the most representative identity symbol ...

Travel Route, Mayan Riviera and Chichén Itzá

In order to begin this fun tour, we recommend you lodge f...

José Vasconcelos

José María Albino Vasconcelos Calderó...