Recovery of state economies, insufficient

During the past year, few state economies managed to recover the levels they registered before the Covid-19 pandemic.

The economic growth of these states was uneven in magnitude and did not follow a regionalization.

According to data from the National Institute of Statistics and Geography (Inegi), only eight entities showed increases in their Quarterly Indicator of State Economic Activity (ITAEE) in 2021, compared to 2019, before the health emergency.

The first place went to Tabasco, an oil territory that benefited from federal resources allocated to the Dos Bocas refinery.

The growth rate of the ITAEE of the southern entity, which is also within one of the large projects of the federal government, the Mayan Train, was 13.6%, that is, it exceeded the economic effects that the pandemic brought with it by that percentage.

The main engine of Tabasco was construction, the axis of the state plan for economic reactivation and complemented by the injection to Dos Bocas, with an increase of 114.2% between 2019 and 2021.

They also presented rises in mining (2.9% oil and 162.6% non-oil) and primary activities (5.1 percent).

While the falls occurred in manufacturing (-1.2%), services (-1.8%), commerce (-3.1%) and generation, transmission and distribution of electrical energy, supply of water and gas through pipelines to the final consumer (-8.7 percent).

From the previous results, tertiary activities stand out, whose declines show that household consumption has not yet recovered.

The second position went to Baja California with an increase of 5.1% in its ITAEE, the first entity to recover employment levels and to take advantage of its proximity to California to strengthen domestic consumption.

The sectors with growth were mining (23.9%), commerce (12.8%), manufacturing (12.7%); generation, transmission and distribution of electricity, supply of water and gas through pipelines to the final consumer (8.5 percent).

On the other hand, the falls occurred in services (-1.4%), construction (-2.4%) and primary activities (-4.4 percent).

The podium was completed by Chiapas with an increase of 2.7% of its economic activity during 2021, compared to 2019, whose pillars were mining (78.9% oil and 22.2% non-oil), electricity (62.2%), commerce (7.4 %) and primary activities (5.1 percent).

For Chiapas, the pending ones were construction (down -0.5%), services (-3.0%) and manufacturing industries (-7.5 percent).

Less than 1%

The rest of the entities that showed positive variations in their ITAEE between 2019 and 2021 were less than 1 percent.

This group was made up of Nayarit (0.9%), Oaxaca (0.6%), State of Mexico (0.5%), Chihuahua (0.2%) and Zacatecas (0.1 percent). While these rates were low, they have already exceeded pre-pandemic economic levels.

The Mexican territory stands out because it is the only entity in the top 5 of the largest economies in the country that recovered.

Most states down

At the other extreme are the 24 states of Mexico that exhibited contractions in their economic activity, falling below pre-pandemic indicators.

This means that they could not recover from the impact caused by Covid-19. Baja California Sur had the steepest drop in its ITAEE between 2019 and last year, with a drop of -15.4%; this represents that it is the furthest federative entity from being claimed.

Quintana Roo followed with a decrease of 13.9%; These states were the most affected by the pandemic due to their tourist vocation.

Other important crashes were in Campeche (-10.0%), Mexico City (-8.6%), Puebla (-8.2%), Tlaxcala (-7.6%), Morelos (-7.6%), Coahuila (-6.6%), Hidalgo (-6.4%), Tamaulipas (-5.5%) and Aguascalientes (5.3 percent).

With decreases between -4 and -2%, Veracruz, Michoacán, San Luis Potosí, Sinaloa, Colima, Querétaro, Jalisco, Guanajuato and Nuevo León were located.

Meanwhile, the smallest falls, and which are closer to recovery, were observed in Guerrero (-1.8%), Durango (-1.5%), Sonora (-0.8%) and Yucatán (-0.2 percent).

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