Quarterly compensation of employees by economic activity — Wages and in Mexico
Mexico: Quarterly compensation of employees by economic activity — Wages and was 8.31 million National currency in 2024. ▲ Rising
Quarterly compensation of employees by economic activity — Wages and in Mexico, 2008–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, quarterly compensation of employees by economic activity — wages and in Mexico stood at 8.31 million National currency. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 8.7% on the previous year and up 109.9% over ten years.
Over the whole period, quarterly compensation of employees by economic activity — wages and in Mexico peaked at 8.31 million National currency in 2024 and was at its lowest, 2.84 million National currency, in 2008.
Mexico ranks 4th of 26 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Quarterly compensation of employees by economic activity — Wages and in Mexico, year by year
| Year | National currency | Change |
|---|---|---|
| 2008 | 2.84 million National currency | — |
| 2009 | 2.91 million National currency | +2.3% |
| 2010 | 3.08 million National currency | +6.1% |
| 2011 | 3.31 million National currency | +7.3% |
| 2012 | 3.58 million National currency | +8.1% |
| 2013 | 3.76 million National currency | +5.0% |
| 2014 | 3.96 million National currency | +5.4% |
| 2015 | 4.16 million National currency | +5.2% |
| 2016 | 4.37 million National currency | +5.0% |
| 2017 | 4.63 million National currency | +5.9% |
| 2018 | 4.97 million National currency | +7.4% |
| 2019 | 5.25 million National currency | +5.6% |
| 2020 | 5.44 million National currency | +3.7% |
| 2021 | 6.05 million National currency | +11.1% |
| 2022 | 6.83 million National currency | +13.0% |
| 2023 | 7.65 million National currency | +11.9% |
| 2024 | 8.31 million National currency | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.87 million National currency | 2.84 million National currency | 2.91 million National currency | 2 |
| 2010s | 4.11 million National currency | 3.08 million National currency | 5.25 million National currency | 10 |
| 2020s | 6.86 million National currency | 5.44 million National currency | 8.31 million National currency | 5 |
Countries ranked near Mexico
- 1 Colombia 528.88 million National currency compare
- 1 Türkiye 17.67 million National currency compare
- 2 Croatia 39,900 National currency compare
- 2 Hungary 34.57 million National currency compare
- 3 Russian Federation 31.16 million National currency compare
- 4 Poland 1.39 million National currency compare
- 5 Netherlands 429,858 National currency compare
- 5 Czechia 2.88 million National currency compare
- 6 Lithuania 41,346 National currency compare
- 6 Sweden 2.59 million National currency compare
- 7 Germany 2.03 million National currency compare
- 7 Slovenia 31,854 National currency compare
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 7.82 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,814 current US$ per person (2025)
- General government final consumption expenditure (current US$) 1.57 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1179 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,638 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 6.74 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 2.27 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is quarterly compensation of employees by economic activity — wages and in Mexico?
- Quarterly compensation of employees by economic activity — wages and in Mexico was 8.31 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest quarterly compensation of employees by economic activity — wages and recorded in Mexico?
- The highest recorded value was 8.31 million National currency in 2024.
- What is the lowest quarterly compensation of employees by economic activity — wages and recorded in Mexico?
- The lowest recorded value was 2.84 million National currency in 2008.
- How does Mexico rank for quarterly compensation of employees by economic activity — wages and?
- Mexico ranks 4th out of 26 countries with data for 2024.
- Is quarterly compensation of employees by economic activity — wages and rising or falling in Mexico?
- Over the last ten years it is up 109.9%. The long-run trend across the full record is rising.
- Where does this Mexico data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Quarterly compensation of employees by economic activity — Wages and salaries. Statizoid updates them automatically from the source API.
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About this data
This table presents compensation of employees by main economic activity following the high-level categories in the International Standard Industrial Classification of All Economic Activities (ISIC), Revision 4. The components of compensation of employees, wages and salaries and employers’ social contributions, are also broken down by main economic activity. Data is presented for each country in national currency as well as in euros for the European Union (27 countries) and the euro area (21 countries). In this table, the presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. These indicators were presented in the previous dissemination system in the QNA dataset. See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide See QNA Calendar for information on advance release dates: QNA Calendar See QNA Changes for information on changes in methodology: QNA Changes See QNA TIPS for a better use of QNA data: QNA TIPS Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org