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Economy

Economic data

Contribution to the Mexican gross domestic product (GDP): 7.3%
GDP per capita: $14,150 USD
Produces 9.4% of all goods manufactured in Mexico
Direct foreign investment (DFI) reported between January 1999 and September 2006: $15,408.1m USD
The DFI breaks down as: 65.2% manufacturing industry, 25.6% services, 5.3% commerce and 3.9% other

In 2006, the magazine América Economía rated Monterrey the best city in Mexico for doing business, and the third best in Latin America.

 MonterreyGuadalajaraMexico City

2006 Ranking367
 
2005 Ranking476
 
Population (million)3.74.019.4
 
City GDP (US$m)49,80236,896245,618
 
Per capita GDP adjusted for quality of life and threat of violence15,91610,50411,524
 
Cost of living (100=New York)67.773.173.1
 
Security Very goodAverage to goodPoor
 
Quality of life (100=New York)82.2Data not available71.7
 
Regional pulling powerGoodAverageAverage

Monterrey’s industries lead the field in sectors such as beverages, packaging, cement, glass, steel, auto parts and financial services.

Major industrial and financial groups headquartered in Monterrey:

Banorte
British American Tobacco México
Cemex
Cervecería Cuauhtémoc Moctezuma
Cydsa
Deacero
Embotelladoras Arca
Femsa
Gamesa
Grupo Alfa
Grupo Reforma
Hylsa
Maseca
Protexa
Value
Villacero
Vitro

Major international corporations established in Monterrey:

ABB LG Electronics
Alcoa FujikuraMercedes Benz
Aisin SeikiMitsubishi
BASFPackard Electric
CaterpillarParker Zenith
CelesticaPhelps Dodge
DanfossPiolax
DelphiPioneer
DensoSiemens
ElcoteqToyota Tsusho
General ElectricUnion Carbide
John DeereVisteon
Johnson & JohnsonYazaki
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