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Concanaco: Two-Thirds of Mexico’s Mipymes Operate Informally, Spurring Formalization Push

The findings have prompted a phased plan centered on simpler procedures.

Overview

  • The business group reports that 67% of Mexico’s 6.1 million micro, small and medium businesses operate outside the formal system, equal to roughly 4.1 million firms.
  • Microenterprises make up 94.3% of Mipymes and about 75% of them are informal, identifying the smallest firms as the priority for any transition plan.
  • Total employment stands at 59.5 million, with 55.4% in informal work and 44.6% formal, while Mipymes account for 70.7% of formal jobs and 96.7% of informal jobs.
  • In Q3 2025, Mipymes generated 52% of GDP and the informal economy contributed 25.4%, underscoring the economic weight of businesses operating outside formal rules.
  • Concanaco’s agenda calls for simplified and digital procedures, gradual incorporation incentives, better access to finance and training, regulatory coordination, and tangible benefits for firms that formalize, with some media citing a 75% figure linked to the microenterprise subset and regional coverage from Peru highlighting political and coordination gaps.