Economy, jobs and prices in Balsas, Brazil: official figures
Balsas' gross domestic product was R$ 7.5 billion in 2023 at current prices, 0.07% of Brazil's GDP and the 223rd largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Balsas?
GDP per person in Balsas was R$ 73,991 in 2023, the 577th highest of Brazil's 5,570 municipalities and the 67th highest of 320 major Brazilian cities; for Brazil as a whole it was about R$ 53,887.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow much of Maranhão state's economy is in Balsas?
Balsas produced 5.0% of the GDP of Maranhão state in 2023, while holding 1.5% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Balsas?
In 2021, the latest year with a breakdown by sector, private services made up 53.2% of Balsas' gross value added, industry 4.6%, public administration, education and health 7.5% and agriculture 34.7% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Balsas depend on?
The three activities adding the most value to Balsas' economy in 2021 were crop farming, trade and vehicle repair, and other private services (such as finance, property, transport, information and private education and health). Industry's share of value added was the 5th lowest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Balsas?
Salaried employees of companies and organisations in Balsas earned an average of R$ 2,838.47 a month in 2024 (2.0 minimum wages), the 2391st highest of Brazil's 5,570 municipalities and the 90th lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Balsas?
The average monthly salary in Balsas rose from R$ 2,491.96 in 2022 to R$ 2,838.47 in 2024 in current reais (+13.9%; Brazil: +11.0%). In minimum wages it went from 2.1 to 2.0.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Balsas?
Registered companies and organisations in Balsas employed 32,606 people at the end of 2024, 26,074 of them salaried, equal to 30.7% of the estimated population; the 159th lowest of 320 major Brazilian cities (Brazil: 32.0%). Jobs are counted where the workplace is, so they include commuters.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyIs employment growing in Balsas?
Employment in registered firms and organisations in Balsas grew from 28,190 in 2022 to 32,606 in 2024 (+15.7%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Balsas?
5,565 companies and other organisations were active in Balsas in 2024, about 52 per 1,000 residents (the 139th highest of 320 major Brazilian cities), and they paid R$ 946 million in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Balsas?
The median monthly household income per person in Balsas was R$ 800 at the 2022 census, the 60th lowest of 320 major Brazilian cities and the 2428th lowest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyMore figures
- At current prices, not adjusted for inflation, GDP per person in Balsas went from R$ 17,224 in 2010 to R$ 73,991 in 2023, a rise of 330%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Balsas compares with other cities in Brazil
GDP at current prices (2023)
Balsas ranks 193 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 190 | Colombo | R$ 7.6 billion |
| 191 | Parnamirim | R$ 7.6 billion |
| 192 | Cachoeiro de Itapemirim | R$ 7.6 billion |
| 193 | Balsas | R$ 7.5 billion |
| 194 | Itabira | R$ 7.4 billion |
| 195 | São Vicente | R$ 7.4 billion |
| 196 | Nova Friburgo | R$ 7.4 billion |
GDP per person at current prices (2023)
Balsas ranks 67 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 64 | Simões Filho | R$ 74,270 |
| 65 | Americana | R$ 74,189 |
| 66 | Ipatinga | R$ 74,080 |
| 67 | Balsas | R$ 73,991 |
| 68 | Santos | R$ 73,964 |
| 69 | Varginha | R$ 73,780 |
| 70 | Bento Gonçalves | R$ 73,589 |
Industry share of gross value added (2021)
Balsas ranks 316 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 313 | Nilópolis | 5.8% |
| 314 | Bragança | 5.7% |
| 315 | São João de Meriti | 5.5% |
| 316 | Balsas | 4.6% |
| 317 | Abaetetuba | 4.2% |
| 318 | Brasília | 4.0% |
| 319 | Breves | 3.9% |
Active companies and organisations per 1,000 residents (2024)
Balsas ranks 139 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 136 | Ubá | 52.8 |
| 137 | Governador Valadares | 52.7 |
| 138 | Araguaína | 52.7 |
| 139 | Balsas | 52.5 |
| 140 | Caraguatatuba | 52.4 |
| 141 | Taubaté | 52.1 |
| 142 | Aracaju | 52.0 |
Average monthly salary of formal employees (2024)
Balsas ranks 231 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 228 | Maracanaú | R$ 2,869.49 |
| 229 | Vila Velha | R$ 2,856.81 |
| 230 | Valparaíso de Goiás | R$ 2,848.90 |
| 231 | Balsas | R$ 2,838.47 |
| 232 | Águas Lindas de Goiás | R$ 2,834.85 |
| 233 | Simões Filho | R$ 2,834.01 |
| 234 | Governador Valadares | R$ 2,833.70 |
Average monthly salary in minimum wages (2024)
Balsas ranks 243 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 240 | Passos | 2.0 |
| 241 | Marituba | 2.0 |
| 242 | Poá | 2.0 |
| 243 | Balsas | 2.0 |
| 244 | Jaboatão dos Guararapes | 1.9 |
| 245 | Aparecida de Goiânia | 1.9 |
| 246 | Caucaia | 1.9 |
People employed by registered firms and organisations, % of population (2024)
Balsas ranks 162 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 159 | Poá | 31.0% |
| 160 | Cubatão | 30.9% |
| 161 | Tangará da Serra | 30.8% |
| 162 | Balsas | 30.7% |
| 163 | Salto | 30.6% |
| 164 | Boa Vista | 30.6% |
| 165 | Jataí | 30.6% |
Median monthly household income per person (2022)
Balsas ranks 261 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 258 | Águas Lindas de Goiás | R$ 800 |
| 259 | Ilhéus | R$ 800 |
| 260 | Itaituba | R$ 800 |
| 261 | Balsas | R$ 800 |
| 262 | Magé | R$ 793 |
| 263 | Novo Gama | R$ 785 |
| 264 | Itabaiana | R$ 778 |
More on Balsas: overview · health · education and schools · poverty and living standards · government budget · all cities in Brazil
Sources
- Instituto Brasileiro de Geografia e Estatística (IBGE): Estatísticas do Cadastro Central de Empresas (CEMPRE) 2022-2024: local units, companies and organisations, employed persons, salaried employees, wages and average monthly salary (SIDRA table 9509; Brazil, states and the 320 listed municipalities), read 23 October 2026 · saved copy (SHA-256 6512e29fcaa1…)
- Instituto Brasileiro de Geografia e Estatística (IBGE): Produto Interno Bruto dos Municípios, database 2010-2023 (text format, with layout): GDP, GDP per person and gross value added by sector for every municipality, with IBGE urban hierarchy, metropolitan region, Legal Amazon and semi-arid classifications, read 23 October 2026 · saved copy (SHA-256 1179047b0bcc…)
- Instituto Brasileiro de Geografia e Estatística (IBGE): Censo Demográfico 2022: mean and median monthly household income per person of residents of permanent private households, Brazil, states and municipalities (SIDRA table 10295), read 23 October 2026 · saved copy (SHA-256 34331c7982e4…)
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