Since 2018, the sum of workers’ salaries in Mexico has experienced a significant increase, with a growth rate of 37.2 percent compared to only 3.4 percent over the previous 13 years, according to estimates from the National Council of Evaluation of the Social Development Policy (Coneval). This data shows that labor compensation has grown substantially since 2005, with most of this growth occurring since the end of 2018.
Over the past two decades, wage bills have increased in almost all states in Mexico except for Morelos, which has experienced a decline of 3.5 percent over nearly 20 years. Additionally, Morelos was followed by 11 other entities with a decline in their wage bills during this time period. However, progress has been made in states like Nuevo León, Tabasco, and Mexico City, which have seen substantial growth in their wage bills over the last five years.
Nuevo León experienced the greatest growth in its wage bill among all states in Mexico over the past decade. Similarly, Tabasco and Mexico City also saw significant increases in their wage bills during this time period. In contrast, Guanajuato, Sonora, Querétaro, Colima and Quintana Roo experienced little to no progress in their wage bills over the past two decades. These variations reflect economic changes and developments specific to each region across Mexico.
