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Economy, jobs and prices in Cabo Frio, Brazil: official figures

Cabo Frio's gross domestic product was R$ 17.0 billion in 2023 at current prices, 0.16% of Brazil's GDP and the 101st largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 17.0 billion
2023
GDP per person
R$ 76,361
2023
Average monthly formal salary
R$ 2,474.14
2024
People employed by registered firms and organisations
66,260
2024
Median monthly household income per person
R$ 1,000
2022

What is the GDP per capita of Cabo Frio?

GDP per person in Cabo Frio was R$ 76,361 in 2023, the 542nd highest of Brazil's 5,570 municipalities and the 61st 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 copy

How much of Rio de Janeiro state's economy is in Cabo Frio?

Cabo Frio produced 1.4% of the GDP of Rio de Janeiro state in 2023, while holding 1.4% of its 2026 population.

Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

What are the main industries in Cabo Frio?

In 2021, the latest year with a breakdown by sector, private services made up 35.7% of Cabo Frio's gross value added, industry 45.4%, public administration, education and health 18.3% and agriculture 0.5% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).

Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

What does the economy of Cabo Frio depend on?

The three activities adding the most value to Cabo Frio's economy in 2021 were mining and oil and gas extraction, other private services (such as finance, property, transport, information and private education and health), and public administration, defence, public education and health and social security. Industry's share of value added was the 27th highest of 320 major Brazilian cities.

Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

What is the average salary in Cabo Frio?

Salaried employees of companies and organisations in Cabo Frio earned an average of R$ 2,474.14 a month in 2024 (1.8 minimum wages), the 1778th lowest of Brazil's 5,570 municipalities and the 34th lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).

Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Are wages rising in Cabo Frio?

The average monthly salary in Cabo Frio rose from R$ 2,357.45 in 2022 to R$ 2,474.14 in 2024 in current reais (+4.9%; Brazil: +11.0%). In minimum wages it went from 1.9 to 1.8.

Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

How many people have formal jobs in Cabo Frio?

Registered companies and organisations in Cabo Frio employed 66,260 people at the end of 2024, 52,743 of them salaried, equal to 27.8% of the estimated population; the 129th 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 copy

Is employment growing in Cabo Frio?

Employment in registered firms and organisations in Cabo Frio grew from 56,886 in 2022 to 66,260 in 2024 (+16.5%; Brazil: +8.4%).

Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

How many companies are there in Cabo Frio?

11,831 companies and other organisations were active in Cabo Frio in 2024, about 50 per 1,000 residents (the 153rd highest of 320 major Brazilian cities), and they paid R$ 1.7 billion in wages and other pay over the year.

Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

What is the average income in Cabo Frio?

The median monthly household income per person in Cabo Frio was R$ 1,000 at the 2022 census, the 121st lowest of 320 major Brazilian cities and the 2353rd highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

More figures

How Cabo Frio compares with other cities in Brazil

GDP at current prices (2023)

Cabo Frio ranks 94 of 320, highest first.

RankCityGDP at current prices
91AmericanaR$ 17.6 billion
92Embu das ArtesR$ 17.3 billion
93Foz do IguaçuR$ 17.0 billion
94Cabo FrioR$ 17.0 billion
95IpatingaR$ 16.9 billion
96RondonópolisR$ 16.6 billion
97Cabo de Santo AgostinhoR$ 15.9 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Cabo Frio ranks 61 of 320, highest first.

RankCityGDP per person at current prices
58PinhaisR$ 77,568
59Rio ClaroR$ 76,593
60ArarasR$ 76,589
61Cabo FrioR$ 76,361
62GuarulhosR$ 75,522
63Ribeirão PretoR$ 74,869
64Simões FilhoR$ 74,270
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Cabo Frio ranks 27 of 320, highest first.

RankCityIndustry share of gross value added
24Catalão45.9%
25Manaus45.8%
26Serra45.7%
27Cabo Frio45.4%
28Jaraguá do Sul45.1%
29Canoas44.4%
30Mauá44.3%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Active companies and organisations per 1,000 residents (2024)

Cabo Frio ranks 153 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
150Sete Lagoas49.9
151Araguari49.9
152Colombo49.8
153Cabo Frio49.7
154Nova Serrana49.2
155Salto49.0
156Araucária48.8
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Cabo Frio ranks 287 of 320, highest first.

RankCityAverage monthly salary of formal employees
284São GonçaloR$ 2,483.80
285JuazeiroR$ 2,479.03
286JequiéR$ 2,474.70
287Cabo FrioR$ 2,474.14
288LuziâniaR$ 2,465.04
289Juazeiro do NorteR$ 2,463.28
290ParnamirimR$ 2,452.42
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Cabo Frio ranks 271 of 320, highest first.

RankCityAverage monthly salary in minimum wages
268Vitória da Conquista1.8
269São José de Ribamar1.8
270Juazeiro1.8
271Cabo Frio1.8
272Parnaíba1.8
273Jequié1.8
274Abaetetuba1.8
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

People employed by registered firms and organisations, % of population (2024)

Cabo Frio ranks 192 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
189Barcarena28.1%
190Camaçari28.1%
191Pindamonhangaba27.9%
192Cabo Frio27.8%
193Vitória da Conquista27.8%
194Gravataí27.8%
195Feira de Santana27.4%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Cabo Frio ranks 200 of 320, highest first.

RankCityMedian monthly household income per person
197João PessoaR$ 1,000
198Montes ClarosR$ 1,000
199SuzanoR$ 1,000
200Cabo FrioR$ 1,000
201Angra dos ReisR$ 1,000
202Senador CanedoR$ 1,000
203TrindadeR$ 1,000
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

More on Cabo Frio: overview · health · education and schools · poverty and living standards · government budget · all cities in Brazil

Sources

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