Government drives market demand, with government spending representing 94.3% of total demand in 2023. Secretariat of Public Education is the largest company in Mexico, generating 22.5% of the industry’s total turnover value in 2023. The industry is concentrated, with the top five companies generating 68.2% of total production value in 2023. The total number of companies decreases in 2023, to 14,505 units. The costs of the industry increase by 22.8% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 0.5% of turnover in 2023, the 13th highest regionally. With turnover of USD102 billion, Mexico accounts for 17.6% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Public Administration, Defence and Social Security in Mexico: ISIC 75. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Public Administration, Defence and Social Security in Mexico: ISIC 75 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Government and Membership Organizations is an aggregation of Public Administration, Defence and Social Security; Trade Unions, Professional, Political Organisations.
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