Chihuahua: Third highest economic growth in Mexico
CHIHUAHUA – In 2022, Chihuahua, a Mexican state, witnessed an unprecedented surge in its economic landscape, marking a historic milestone with an impressive 8.1% expansion in its Gross Domestic Product (GDP). This remarkable growth catapulted Chihuahua to the third position among states exhibiting the most substantial economic advancement, showcasing a commendable leap of 12 positions compared to its 2021 ranking, where it stood at fifteenth place.
The National Institute of Statistics, Geography, and Informatics (INEGI) released data affirming Chihuahua’s contribution of 3.8% to the national GDP, a figure that underscores the magnitude of its economic prowess within the country. This substantial annual growth represents a significant stride forward, unrivaled since 2012, underscoring the state’s resurgence and economic fortitude.
What fueled Chihuahua’s remarkable GDP upswing was a substantial increase in production across its primary, secondary, and tertiary sectors. In the primary sector alone, Chihuahua showcased an impressive growth rate of 10.5%, securing its place as the fourth fastest-growing entity in this domain. The secondary sector witnessed a commendable 7.1% growth, while the tertiary sector demonstrated a steady 6.5% increase.
Delving deeper into sector-wise contributions, Chihuahua’s impact on the national GDP was substantial across the board. In the primary sector, the state contributed 6.6% to the overall national total, securing a commendable sixth position among states. In the secondary sector, Chihuahua’s contribution accounted for 5.1% of the national aggregate, marking its position at seventh place. As for the tertiary sector, its 2.9% share of the national total positioned it at a respectable tenth place among the states.
This economic surge further solidified Chihuahua’s role as a key player in the national economic landscape. In nominal terms, Chihuahua was among the top contributors to the national GDP alongside prominent entities such as Mexico City, State of Mexico, Nuevo Leon, Jalisco, Guanajuato, Veracruz de Ignacio de la Llave, Coahuila de Zaragoza, Baja California, Sonora, and Puebla, underlining its integral role in Mexico’s economic tapestry.
Chihuahua’s unprecedented economic growth in 2022 signifies not just a statistical leap but also a testament to its resilience, economic diversification, and unwavering commitment to progress, setting a remarkable precedent for states striving for robust economic development across various sectors.