Economy of Estado de México

The economy of the state of Mexico largely contributes to the national Gross Domestic Product with 9,5%, making it second in the country after the Distrito Federal. The state income is conformed by the manufacturing industry with 28% and represented by machinery, equipment, electronics, automobiles and textiles; by the Services sector with 22%; by commerce, hotels and restaurants with 20%; and by the financial and real-estate sectors with 15%.

In terms of the primary sector of the economy, the state stands out in the production of carnations, chrysanthemums and roses, the surplus of which is usually exported ; in the supply of tuna, pea and grain corn; and, despite being a state with no access to shore, it is gaining territory and gradually becoming the first in the nation in the production of trout and carp.

The size of the economy of the state of Mexico positions it at the level of some Latin American nations, as it is home to no less than 11% of all companies in Mexican territory, large industrial parks and compounds, and the origin of large amounts of artisan exports, all of which consolidates the region as a major industrial power in Mexico.

Articles Releated with Estado de México

Gross Domestic Product (GDP) is the total monetary value ...

January 1st celebrates New Year’s Day and is a day of obl...

The Business Tax to Unique Rate (Impuesto Empresarial de ...

With most of its inhabitants having unmet needs, it is no...

He was born on the 30th of October 1873 at Hacienda el Ro...

The dictionaries of Academia Mexicana de la Lengua and th...

Cochinita pibil is the most famous dish originated in Yuc...

Most Viewed

The Marías Islands

An enigmatic place and unknown to many, the archipelago o...

Pozole, Delicious Mexican Dish

Pozole is a delicious dish prepared with corn, meat, pepp...

The Lago de Chapala (Chapala Lake) in Jalisco, Mexico

The Lago de Chapala is Mexico's largest lake, coverin...

Mexico City's Turibus, Tourist Bus

Turibus is a panoramic passenger double deck bus that tra...