economy and politics

Mining in Mexico: employment, wages, investment and payment of taxes

Mining in Mexico: employment, wages, investment and payment of taxes

How much is the production worth?

In Mexico there are 3,123 companies dedicated to the mining industry. Puebla, Guerrero and Querétaro are the states with the highest number of registered businesses, but Campeche and Tabasco are the ones that generate the highest gross production.

Jobs and compensation

Despite being a key industry for the national economy, mining (not counting the manufacture of mineral products) is still far from its best level in terms of jobs created, although last year it began to approach, with almost a quarter of a million people. Wages also show very slow progress.

How much do you pay in taxes?

The collection of taxes from the industry has been very uneven in the last decade, 2021 was the best year of collection for the treasury.

Foreign direct investment

Mining is highly attractive to foreign capital and 2021 was the period with the highest investment in eight years, although in 2022 a clear slowdown can be seen.

silver worth gold

Mexico has been the main silver producer in the world for 13 consecutive years.

mining power

But not only is silver the main representative mineral for the national industry, there are also other metals that make Mexico billiards.



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