Economy, jobs and prices in Formosa, Argentina: official figures
The unemployment rate in Formosa was 4.8% in the second quarter of 2026 (INDEC EPH), 8th lowest of 30 Argentine cities on this site; it was 4.4% a year earlier, so it is up 0.4 percentage points. The rate for all 31 survey areas was 7.9%.
What is the employment rate in Formosa?
The employment rate in Formosa (employed people as a share of all residents) was 42.3% in the second quarter of 2026, 10th lowest of 30 Argentine cities on this site, against 38.2% a year earlier and 45.0% across the 31 survey areas.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyWhat is the labour force participation rate in Formosa?
44.4% of residents of Formosa were working or looking for work in the second quarter of 2026 (the activity rate), 6th lowest of 30 Argentine cities on this site; the year before it was 40.0%.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyWhat is the underemployment rate in Formosa?
In the second quarter of 2026, 3.5% of the labour force in Formosa worked fewer hours than they wanted (underemployment), 2nd lowest of 30 Argentine cities on this site, compared with 4.1% a year earlier and 11.5% across the 31 survey areas.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyHow many people in Formosa work for the government?
In Formosa, 28.1% of employed people were self-employed and 40.3% of employees worked in the public sector in the first quarter of 2026 (INDEC EPH); across the 31 survey areas the shares were 24.2% and 21.9%.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyHow many workers in Formosa are looking for another job?
Among employed people in Formosa, 5.1% were also looking for another job in the second quarter of 2026, the lowest of 30 Argentine cities on this site.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyWhat is the average income per person in Formosa?
Mean family income per person in Formosa was 513,725 pesos a month in the first quarter of 2026 (INDEC EPH, current pesos), 6th lowest of 30 Argentine cities on this site; the mean for all 31 survey areas was 731,516 pesos.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyWhat is the median income in Formosa?
The median person in Formosa lived in a household with family income of 378,333 pesos per person a month in the first quarter of 2026, 6th lowest of 30 Argentine cities on this site (all 31 survey areas: 500,000 pesos).
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyWhat is the average wage in Formosa?
Employed people in Formosa who reported earnings made a mean of 835,240 pesos a month from their main job in the first quarter of 2026 (median 650,000 pesos), 9th lowest of 30 Argentine cities on this site on the mean; across the 31 survey areas the mean was 1,104,227 pesos.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyHow unequal are incomes in Formosa?
The richest tenth of residents of Formosa, ranked by family income per person, received 31.9% of all income in the first quarter of 2026, 7th highest of 30 Argentine cities on this site on income concentration (all 31 survey areas: 33.4%).
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyIs income in Formosa above the national average?
Mean family income per person in Formosa was 0.70 times the mean for the 31 survey areas in the first quarter of 2026, and the median was 0.76 times the 31-area median.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyHow many homes in Formosa have piped gas?
4.1% of households in Formosa cooked mainly with piped gas in the first quarter of 2026, 4th lowest of 30 Argentine cities on this site (all 31 survey areas: 64.7%).
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyHow many people in Formosa rent their home?
In Formosa, 76.0% of households owned their home and 12.7% rented it in the first quarter of 2026; the shares for all 31 survey areas were 67.8% and 20.9%.
Source: Instituto Nacional de Estadística y Censos (INDEC) · saved copyHow Formosa compares with other cities in Argentina
Unemployment rate (Q2 2026)
Formosa ranks 23 of 30, highest first.
| Rank | City | Unemployment rate |
|---|---|---|
| 20 | Concordia | 6.1% |
| 21 | Posadas | 5.9% |
| 22 | Tucumán-Tafí Viejo | 5.5% |
| 23 | Formosa | 4.8% |
| 24 | La Rioja | 4.5% |
| 25 | Salta | 4.3% |
| 26 | San Salvador de Jujuy-Palpalá | 3.4% |
Employment rate (Q2 2026)
Formosa ranks 21 of 30, highest first.
| Rank | City | Employment rate |
|---|---|---|
| 18 | Paraná | 43.3% |
| 19 | Salta | 43.2% |
| 20 | Río Cuarto | 42.6% |
| 21 | Formosa | 42.3% |
| 22 | Resistencia | 41.3% |
| 23 | Catamarca | 41.1% |
| 24 | San Nicolás-Villa Constitución | 41.1% |
Activity rate (Q2 2026)
Formosa ranks 25 of 30, highest first.
| Rank | City | Activity rate |
|---|---|---|
| 22 | San Nicolás-Villa Constitución | 44.9% |
| 23 | Santa Fé | 44.8% |
| 24 | Resistencia | 44.7% |
| 25 | Formosa | 44.4% |
| 26 | Catamarca | 43.9% |
| 27 | Comodoro Rivadavia-Rada Tilly | 42.4% |
| 28 | Concordia | 42.0% |
Underemployment rate (Q2 2026)
Formosa ranks 29 of 30, highest first.
| Rank | City | Underemployment rate |
|---|---|---|
| 24 | San Salvador de Jujuy-Palpalá | 6.1% |
| 25 | Comodoro Rivadavia-Rada Tilly | 5.5% |
| 26 | San Luis - El Chorrillo | 5.0% |
| 27 | Ushuaia-Río Grande | 4.4% |
| 28 | Río Cuarto | 3.7% |
| 29 | Formosa | 3.5% |
| 30 | Resistencia | 2.2% |
Informal jobs, share of employed (Q1 2026)
Formosa ranks 5 of 30, highest first.
| Rank | City | Informal jobs, share of employed |
|---|---|---|
| 2 | Tucumán-Tafí Viejo | 56.2% |
| 3 | Santiago del Estero-La Banda | 55.1% |
| 4 | San Salvador de Jujuy-Palpalá | 54.7% |
| 5 | Formosa | 53.8% |
| 6 | Posadas | 53.4% |
| 7 | Concordia | 52.9% |
| 8 | Mendoza | 52.3% |
Mean family income per person (pesos a month) (Q1 2026)
Formosa ranks 25 of 30, highest first. Current pesos, people in households that reported income
| Rank | City | Mean family income per person (pesos a month) |
|---|---|---|
| 22 | San Salvador de Jujuy-Palpalá | 548,060 |
| 23 | San Luis - El Chorrillo | 546,456 |
| 24 | Corrientes | 520,453 |
| 25 | Formosa | 513,725 |
| 26 | Posadas | 505,499 |
| 27 | Santiago del Estero-La Banda | 499,777 |
| 28 | Concordia | 450,779 |
Median family income per person (pesos a month) (Q1 2026)
Formosa ranks 25 of 30, highest first.
| Rank | City | Median family income per person (pesos a month) |
|---|---|---|
| 22 | San Luis - El Chorrillo | 429,200 |
| 23 | Mendoza | 402,000 |
| 24 | Corrientes | 393,263 |
| 25 | Formosa | 378,333 |
| 26 | Posadas | 375,075 |
| 27 | Santiago del Estero-La Banda | 375,000 |
| 28 | La Rioja | 369,225 |
Mean main-job income of earners (pesos a month) (Q1 2026)
Formosa ranks 22 of 30, highest first.
| Rank | City | Mean main-job income of earners (pesos a month) |
|---|---|---|
| 19 | San Luis - El Chorrillo | 893,588 |
| 20 | Catamarca | 887,612 |
| 21 | Tucumán-Tafí Viejo | 879,339 |
| 22 | Formosa | 835,240 |
| 23 | San Juan | 786,528 |
| 24 | Corrientes | 767,438 |
| 25 | San Salvador de Jujuy-Palpalá | 735,564 |
Share of income received by the richest tenth (Q1 2026)
Formosa ranks 7 of 30, highest first.
| Rank | City | Share of income received by the richest tenth |
|---|---|---|
| 4 | Catamarca | 33.7% |
| 5 | Rawson-Trelew-Playa Unión | 33.6% |
| 6 | Ushuaia-Río Grande | 33.1% |
| 7 | Formosa | 31.9% |
| 8 | Mendoza | 31.3% |
| 9 | Corrientes | 31.2% |
| 10 | Salta | 31.1% |
Households connected to a public sewer (Q1 2026)
Formosa ranks 15 of 30, highest first.
| Rank | City | Households connected to a public sewer |
|---|---|---|
| 12 | La Rioja | 92.0% |
| 13 | Neuquén-Plottier | 91.3% |
| 14 | Concordia | 89.4% |
| 15 | Formosa | 86.6% |
| 16 | Rosario | 86.2% |
| 17 | Río Cuarto | 84.3% |
| 18 | Catamarca | 84.0% |
Households cooking with piped gas (Q1 2026)
Formosa ranks 27 of 30, highest first.
| Rank | City | Households cooking with piped gas |
|---|---|---|
| 24 | Catamarca | 29.4% |
| 25 | Concordia | 22.0% |
| 26 | La Rioja | 16.3% |
| 27 | Formosa | 4.1% |
| 28 | Corrientes | 1.4% |
| 29 | Resistencia | 1.4% |
| 30 | Posadas | 0.7% |
More on Formosa: overview · health · education and schools · poverty and living standards · all cities in Argentina
Sources
- Instituto Nacional de Estadística y Censos (INDEC): Mercado de trabajo. Tasas e indicadores socioeconómicos (EPH), segundo trimestre de 2026 (Tables 3.2 and 3.3), read 23 October 2026 · saved copy (SHA-256 b0a700bac4db…)
- Instituto Nacional de Estadística y Censos (INDEC): Encuesta Permanente de Hogares (EPH): bases de microdatos usuarias, individual y hogar, primer trimestre de 2026 (figures computed with the survey weights), read 23 October 2026 · saved copy (SHA-256 d9d23945d4b1…)
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