Chihuahua contributed 3.5% to the national GDP

Category: Business, News
Published: 2020-12-11
Chihuahua contributed 3.5% to the national GDP

CHIHUAHUA – With a 3.5% share, equivalent to US$39.6 billion, Chihuahua was one of the top 10 states contributing to the 2019 Gross Domestic Product (GDP).

The National Institute of Statistics and Geography (Inegi) presented the results of the 2019 GDP by state, which also shows that Chihuahua’s grew by 1.7% in real terms at an annual rate.

The country’s GDP last year was of US$1.1 billion and the entities with the greatest contribution at the national level were: Mexico City, State of Mexico, Nuevo Leon, Jalisco, Veracruz, Guanajuato, Coahuila, Baja California, Chihuahua, Sonora and Puebla, which contributed 66.1% of the national total.

According to Inegi, the country’s GDP experienced a decrease of 0.1% in 2019.

Despite this, 18 entities had positive annual variations, including Tlaxcala with a 5.6% growth rate, Colima 4.6%, Sinaloa 2.3%, Tamaulipas 2%, Baja California and Nuevo Leon each with 1.8%; Chihuahua 1.7%, Quintana Roo and Yucatan 1.4% respectively; Veracruz de Ignacio de la Llave 1.1%, and Durango with 1%.

Source: Diario.mx