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Querétaro's Gross Domestic Product (GDP) is one of the most outstanding in México. It has experienced sustained growth in recent decades, establishing itself as an important economic driver in the country.
Querétaro boasts a diversified economy that encompasses strategic sectors such as manufacturing, technology, automotive, aerospace, commerce, and services. This variety of sectors contributes to a robust GDP and the state's sustained economic development.
Investment in infrastructure, education, and technology has been key to Querétaro's GDP growth. Additionally, its strategic location in central México facilitates access to national and international markets, promoting trade and foreign direct investment.
Querétaro has become an attractive destination for foreign direct investment (FDI) in Mexico, thanks to its diversified and growing economy, strategic location, and favorable business environment. The state has implemented investment promotion policies and maintains a stable business climate, attracting investments from around the world.
Strategic sectors such as the automotive, aerospace, manufacturing, and information technology industries have been standout beneficiaries of FDI in Querétaro. International companies find in the state a conducive environment for establishing production, development, and research operations, thanks to its modern infrastructure and access to national and international markets.
Querétaro is recognized for its dynamic and diversified economy, driven by strategic sectors that have been key to its growth and economic development. These sectors not only generate employment and business opportunities, but also position the state as an important center of innovation in Mexico.
| State | Manufacturing Companies | Establishments with IMMEX Program | |
|---|---|---|---|
| Manufacturing | Non manufacturing | ||
| Querétaro | 11,608 | 262 | - |
| Total in Mexico | 802,564 | 5,210 | 1,310 |
Source: INEGI, 2024 Economic Censuses and Manufacturing Establishments with IMMEX Program.
*The IMMEX Program allows manufacturing and non-manufacturing companies to temporarily import goods for export.
Aerospace
This is one of the pillars of Querétaro's economy, having become an industry hub that attracts foreign and domestic investments in research, development, and production of aerospace components.
Automotive
Another key driver is the presence of major car and auto parts manufacturers that have established operations in Querétaro. This industry plays a fundamental role in the local economy and in the global value chain.
Information Technology (IT)
It includes significant software and IT services companies that contribute to the digital transformation of the region.
Home appliances and electronics
Companies producing a wide range of products for domestic and international markets. This sector has significantly contributed to the state's economic growth.
Food
It has an important presence in Querétaro with companies dedicated to the production and processing of food. This has helped strengthen the supply chain and generated a solid industry in the region.
Querétaro´s workforce is characterized by high levels of education and technical skills, particularly in industries such as manufacturing, aerospace, IT, and automotive.
The labor market benefits from a young population, with many workers having access to quality education and vocational training, thanks to institutions like the Autonomous University of Querétaro and various technical colleges.
In Querétaro there are over 30,700 students enrolled in careers related to engineering, manufacturing, IT and construction.
The areas with the highest number of men and women enrolled in bachelor's degree programs were:
| Bachelor's Degree Program | Number of Enrolled Students |
|---|---|
| Engineering, Manufacturing, and Construction | 17,270 |
| Administration and Business | 9,787 |
| Social Sciences and Law | 5,341 |
Source: ANUIES, 2023-2024.
| Bachelor's Degree Program | Number of Enrolled Students |
|---|---|
| Administration and Business | 13,720 |
| Social Sciences and Law | 9,482 |
| Engineering, Manufacturing, and Construction | 8,029 |
Source: ANUIES, 2023-2024.
