Economy, jobs and prices in Betim, Brazil: official figures
Betim's gross domestic product was R$ 52.6 billion in 2023 at current prices, 0.48% of Brazil's GDP and the 25th largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Betim?
GDP per person in Betim was R$ 127,752 in 2023, the 152nd highest of Brazil's 5,570 municipalities and the 12th 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 Minas Gerais state's economy is in Betim?
Betim produced 5.4% of the GDP of Minas Gerais state in 2023, while holding 2.0% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Betim?
In 2021, the latest year with a breakdown by sector, private services made up 38.5% of Betim's gross value added, industry 53.0%, public administration, education and health 8.4% and agriculture 0.1% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Betim depend on?
The three activities adding the most value to Betim's economy in 2021 were manufacturing, other private services (such as finance, property, transport, information and private education and health), and trade and vehicle repair. Industry's share of value added was the 19th highest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Betim?
Salaried employees of companies and organisations in Betim earned an average of R$ 4,251.65 a month in 2024 (3.0 minimum wages), the 144th highest of Brazil's 5,570 municipalities and the 41st highest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Betim?
The average monthly salary in Betim rose from R$ 3,784.27 in 2022 to R$ 4,251.65 in 2024 in current reais (+12.4%; Brazil: +11.0%). In minimum wages it went from 3.1 to 3.0.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Betim?
Registered companies and organisations in Betim employed 146,977 people at the end of 2024, 126,126 of them salaried, equal to 34.2% of the estimated population; the 129th highest 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 Betim?
Employment in registered firms and organisations in Betim grew from 133,323 in 2022 to 146,977 in 2024 (+10.2%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Betim?
16,943 companies and other organisations were active in Betim in 2024, about 39 per 1,000 residents (the 120th lowest of 320 major Brazilian cities), and they paid R$ 6.9 billion in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Betim?
The median monthly household income per person in Betim was R$ 1,071 at the 2022 census, the 140th lowest of 320 major Brazilian cities and the 1992nd highest 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 Betim went from R$ 61,939 in 2010 to R$ 127,752 in 2023, a rise of 106%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Betim compares with other cities in Brazil
GDP at current prices (2023)
Betim ranks 24 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 21 | Jundiaí | R$ 65.4 billion |
| 22 | São José dos Campos | R$ 61.4 billion |
| 23 | Sorocaba | R$ 58.8 billion |
| 24 | Betim | R$ 52.6 billion |
| 25 | Ribeirão Preto | R$ 52.3 billion |
| 26 | Uberlândia | R$ 51.1 billion |
| 27 | Joinville | R$ 49.8 billion |
GDP per person at current prices (2023)
Betim ranks 12 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 9 | Jundiaí | R$ 147,598 |
| 10 | São Caetano do Sul | R$ 136,147 |
| 11 | Brasília | R$ 129,790 |
| 12 | Betim | R$ 127,752 |
| 13 | Sorriso | R$ 124,271 |
| 14 | Três Lagoas | R$ 111,703 |
| 15 | Nova Lima | R$ 111,440 |
Industry share of gross value added (2021)
Betim ranks 19 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 16 | Marabá | 55.0% |
| 17 | Araxá | 55.0% |
| 18 | Três Lagoas | 54.1% |
| 19 | Betim | 53.0% |
| 20 | Volta Redonda | 51.9% |
| 21 | Rio das Ostras | 50.7% |
| 22 | Sabará | 47.9% |
Active companies and organisations per 1,000 residents (2024)
Betim ranks 201 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 198 | Teixeira de Freitas | 40.1 |
| 199 | Ituiutaba | 40.0 |
| 200 | Maceió | 39.9 |
| 201 | Betim | 39.5 |
| 202 | Hortolândia | 39.2 |
| 203 | Barra Mansa | 38.6 |
| 204 | Diadema | 38.6 |
Average monthly salary of formal employees (2024)
Betim ranks 41 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 38 | Araucária | R$ 4,286.46 |
| 39 | Bento Gonçalves | R$ 4,283.15 |
| 40 | Palmas | R$ 4,261.07 |
| 41 | Betim | R$ 4,251.65 |
| 42 | Pindamonhangaba | R$ 4,201.11 |
| 43 | Santana de Parnaíba | R$ 4,200.10 |
| 44 | Parauapebas | R$ 4,191.19 |
Average monthly salary in minimum wages (2024)
Betim ranks 40 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 37 | Salvador | 3.0 |
| 38 | Recife | 3.0 |
| 39 | Sorocaba | 3.0 |
| 40 | Betim | 3.0 |
| 41 | Palmas | 3.0 |
| 42 | Parauapebas | 3.0 |
| 43 | Itapevi | 3.0 |
People employed by registered firms and organisations, % of population (2024)
Betim ranks 129 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 126 | Linhares | 34.5% |
| 127 | Mogi das Cruzes | 34.4% |
| 128 | Itapetininga | 34.4% |
| 129 | Betim | 34.2% |
| 130 | Guarapuava | 34.2% |
| 131 | Cachoeiro de Itapemirim | 34.2% |
| 132 | Mogi Guaçu | 33.9% |
Median monthly household income per person (2022)
Betim ranks 181 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 178 | São Vicente | R$ 1,073 |
| 179 | Uruguaiana | R$ 1,073 |
| 180 | Aracaju | R$ 1,071 |
| 181 | Betim | R$ 1,071 |
| 182 | Alvorada | R$ 1,071 |
| 183 | Guarapari | R$ 1,071 |
| 184 | Carapicuíba | R$ 1,068 |
More on Betim: 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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