According to the data of the National Statistics and Geography Institute (INEGI), the Bajío region consisting of Aguascalientes, Guanajuato, Querétaro and San Luis Potosí provinces was the region that increased its economic activities the most with an average annual growth of 4% between 2010 and 2019; The increase rate at national level was recorded as 2.6%. In the mentioned period, the states on the northern border of the country grew 3.4%, the states in the west 3.3%, the states in the center 3.0%, the central-north states 2.6% and the south-southeast states grew 0.2%.
The state of Aguascalientes, located in the Bajío region, is second in the country with an average annual growth rate of 4.6%, Querétaro is third with 4.1%, Guanajuato is fifth with 3.9%, and San Luis Potosí is eighth with 3.8%. was ranked. Financial and insurance services (11.8%), mass media (11.4%), manufacturing industry (8.2%), wholesale trade (7.6%) and temporary accommodation and food / beverage preparation services in the growth of Aguascalientes state (6.9%) is the pioneer. Petroleum and coal products production and the chemical, plastic and rubber industry stand out with an average growth of 12.7% within the manufacturing industry, which accounts for 29.6% of the state’s GDP. Transportation equipment, machinery and equipment, computing, communication, measurement and other electronic equipment and accessories sectors grew by an average of 12.4%.
Finance and insurance services (13.5%), mass media (11.3%), companies (6.8%), wholesale trade (6.8%) and manufacturing industry (6%) are leading the growth of the state of Querétaro; Transportation equipment, machinery and equipment, computing, communication, measurement and other electronic equipment and accessories sectors grew by 11.6% within the manufacturing industry, which accounts for 28.5% of the state’s GDP.
Mass media (12.1%), financial and insurance services (9.9%), electricity, water and gas production, transmission and distribution services (8%) and manufacturing (5.3%) led the growth in the state of Guanajuato ; Beverage and tobacco industry grew by 24.4% and transportation equipment, machinery and equipment, computing, communications, measurement and other electronic equipment and accessories sectors grew by 14.2%, within the manufacturing industry, which accounts for 25.2% of the state’s GDP .
Mass media (12.7%), finance and insurance services (10.4%) and manufacturing industry (6.7%) were instrumental in the growth of the state of San Luis Potosí; In the manufacturing industry, which constitutes 28.9% of the state’s GDP, the automotive sector and the manufacture of machinery-equipment and electronics stood out with 14% growth.
The state of Quintana Roo, which is at the top of the list, was the state with the highest growth rate with an average annual growth rate of 4.6% in the mentioned period. Finance and insurance services (12%), mass media (11.6%) and electricity, water and gas production, transmission and distribution services (7.7%) stood out as the main sectors in the growth of the state. Temporary accommodation and catering services accounted for 22.7% of state GDP, 5.9% of state GDP, real estate, movable and intangible real estate services accounted for 13.7% of state GDP, and 3.8% of state GDP. Retail trade, which accounts for 12.8% of its total, grew by 5.9%.
Publisher: Mexico City Commercial Counselor
Source: El Economista https://www.eleconomista.com.mx/estados/Bajio-con-el-mayor-dinamismo-economico-en-la-ultima-decada-20201209-0157.html