Economy of San Luis Potosí

Traditionally, the Real de Minas potosino has driven the industrial engines in the state of San Luis Potosi, and as such, nowadays basic metallurgy still has the largest contribution within the Gross Domestic Product of the entity. The main products extracted across local mines are zinc, copper, lead, gold, silver, mercury, manganese, and arsenic. Other industries following the mining lead are in the sectors of chemicals,
foods, beverages, tobacco, and textiles.

The services sector, also known as tertiary, is second regarding contribution to the state's income with a 21%, followed by commerce, hotels and restaurants with 18%.
These combined activities employ 51% of the economically active population or EAP.

Agriculture is a traditional activity, still practiced in the Huasteca region. Currently, even if it contributes very little to the state GDP, it nevertheless employs as much as 20% of the EAP of the entity. The main agricultural products grown on Potosi soil are maize, beans, barley, sugar cane, oranges, coffee, sour lemon, tuna, and mango. Livestock activities are focused on raising sheep, cattle, and pigs.

The state of San Luis Potosi is classified as highly marginalized according to reports revealed by the National Population Council, a clear indication of which is the fact that as much as 16% of the economically active population earns less than the minimum wage, and another 55% only earns between one and five minimum wages.

Articles Releated with San Luis Potosí

The Battle of Puebla took place on the 5th of May 1862 in...

One of the most important painters of Mexican art during ...

Most Viewed

The 1968 Olympics in Mexico

The XIX edition of the Olympic Games celebrated in Mexico...

Holidays in Mexico

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

Mexico’s Trade Agreements

Free Trade Agreement Mexico - European Union

The “Baluarte Bicentenario” Bridge in Mexico

The “Baluarte Bicentenario” Bridge (or Bicentenni...