Overview and Context
Querétaro, Qro. The economic activity of Querétaro recorded an annual growth of 1.1% in the second quarter of 2025; and a trimestral growth of 1.4%, according to the deseasonalized figures of the Indicator Trimestral de la Actividad Económica Estatal (ITAEE), published by the National Institute of Statistics and Geography (Inegi).
Compared to the previous quarter, Querétaro’s local economy showed improved performance with an annual growth of 0.5%. However, it had a slower pace than the second quarter of the previous year, which grew by 4.1%.
Ranking Among Mexican States
Out of the 32 federal entities, Querétaro ranked 15th and was among the 19 that achieved a positive annual variation in the April-June period.
Hidalgo (7.1%), Guanajuato (4.5%), and Nuevo León (4.2%) recorded the most significant growths, while Campeche (-13.4%), Quintana Roo (-9.6%), and Tabasco (-6.6%) experienced the most substantial annual declines.
Sectoral Performance
In the most recent trimester reported by the ITAEE, primary activities saw double-digit growth, while secondary activities declined and tertiary activities showed no variation.
- Primary activities grew by 29.6% in Q2, accumulating an 18.4% increase from January to June.
- Secondary activities fell by 0.8% in Q2, accumulating a 1% increase in the first half of the year.
- Tertiary activities showed no annual variation in April-June, resulting in a negative -0.1% variation by the end of H1.
Primary activities contributed 0.6 percentage points to Querétaro’s local growth in Q2, while secondary activities deducted -0.4 percentage points. In H1, primary activities contributed 0.4 percentage points, and secondary activities added 0.5 percentage points.
In Q2, the 29.6% growth in primary activities placed Querétaro fourth among the states with the highest growth. The 0.8% decline in secondary activities ranked it 17th, while the lack of movement in tertiary activities positioned it 21st among the 32 federal entities.
Key Questions and Answers
- Q: What is the annual growth rate of Querétaro’s economy in Q2 2025? A: The annual growth rate is 1.1%.
- Q: How does Querétaro’s Q2 2025 growth compare to previous years? A: The 1.1% growth in Q2 2025 is the lowest since Q2 2020, when the economy fell by 21.4% due to the COVID-19 pandemic.
- Q: Which sectors contributed to Querétaro’s economic growth in Q2 2025? A: Primary activities contributed the most, growing by 29.6%, while secondary activities declined by 0.8% and tertiary activities showed no variation.
- Q: How did Querétaro rank among other Mexican states in terms of economic growth in Q2 2025? A: Querétaro ranked 15th out of 32 federal entities, with the fourth-highest growth in primary activities and the 17th lowest decline in secondary activities.
