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Economy, jobs and prices in Cachoeiro de Itapemirim, Brazil: official figures

Cachoeiro de Itapemirim's gross domestic product was R$ 7.6 billion in 2023 at current prices, 0.07% of Brazil's GDP and the 221st largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 7.6 billion
2023
GDP per person
R$ 40,873
2023
Average monthly formal salary
R$ 2,771.07
2024
People employed by registered firms and organisations
67,735
2024
Median monthly household income per person
R$ 1,171
2022

What is the GDP per capita of Cachoeiro de Itapemirim?

GDP per person in Cachoeiro de Itapemirim was R$ 40,873 in 2023, the 1936th highest of Brazil's 5,570 municipalities and the 136th lowest 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 Espírito Santo state's economy is in Cachoeiro de Itapemirim?

Cachoeiro de Itapemirim produced 3.6% of the GDP of Espírito Santo state in 2023, while holding 4.8% of its 2026 population.

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

What are the main industries in Cachoeiro de Itapemirim?

In 2021, the latest year with a breakdown by sector, private services made up 51.1% of Cachoeiro de Itapemirim's gross value added, industry 28.7%, public administration, education and health 18.7% and agriculture 1.5% (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 Cachoeiro de Itapemirim depend on?

The three activities adding the most value to Cachoeiro de Itapemirim's economy in 2021 were other private services (such as finance, property, transport, information and private education and health), manufacturing, and public administration, defence, public education and health and social security. Industry's share of value added was the 112th highest of 320 major Brazilian cities.

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

What is the average salary in Cachoeiro de Itapemirim?

Salaried employees of companies and organisations in Cachoeiro de Itapemirim earned an average of R$ 2,771.07 a month in 2024 (2.0 minimum wages), the 2644th highest of Brazil's 5,570 municipalities and the 79th 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 Cachoeiro de Itapemirim?

The average monthly salary in Cachoeiro de Itapemirim rose from R$ 2,490.91 in 2022 to R$ 2,771.07 in 2024 in current reais (+11.2%; Brazil: +11.0%). In minimum wages it went from 2.1 to 2.0.

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

How many people have formal jobs in Cachoeiro de Itapemirim?

Registered companies and organisations in Cachoeiro de Itapemirim employed 67,735 people at the end of 2024, 53,871 of them salaried, equal to 34.2% of the estimated population; the 131st 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 copy

Is employment growing in Cachoeiro de Itapemirim?

Employment in registered firms and organisations in Cachoeiro de Itapemirim grew from 61,797 in 2022 to 67,735 in 2024 (+9.6%; Brazil: +8.4%).

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

How many companies are there in Cachoeiro de Itapemirim?

10,742 companies and other organisations were active in Cachoeiro de Itapemirim in 2024, about 54 per 1,000 residents (the 124th highest of 320 major Brazilian cities), and they paid R$ 1.9 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 Cachoeiro de Itapemirim?

The median monthly household income per person in Cachoeiro de Itapemirim was R$ 1,171 at the 2022 census, the 157th highest of 320 major Brazilian cities and the 1584th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Cachoeiro de Itapemirim compares with other cities in Brazil

GDP at current prices (2023)

Cachoeiro de Itapemirim ranks 192 of 320, highest first.

RankCityGDP at current prices
189CachoeirinhaR$ 7.8 billion
190ColomboR$ 7.6 billion
191ParnamirimR$ 7.6 billion
192Cachoeiro de ItapemirimR$ 7.6 billion
193BalsasR$ 7.5 billion
194ItabiraR$ 7.4 billion
195São VicenteR$ 7.4 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Cachoeiro de Itapemirim ranks 185 of 320, highest first.

RankCityGDP per person at current prices
182NatalR$ 41,478
183Várzea PaulistaR$ 40,909
184BiriguiR$ 40,902
185Cachoeiro de ItapemirimR$ 40,873
186São LuísR$ 40,846
187FrancaR$ 40,778
188VotorantimR$ 40,725
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Cachoeiro de Itapemirim ranks 112 of 320, highest first.

RankCityIndustry share of gross value added
109Colatina29.1%
110Pinhais29.0%
111Itaquaquecetuba29.0%
112Cachoeiro de Itapemirim28.7%
113Mogi das Cruzes28.7%
114Pouso Alegre28.6%
115Rondonópolis28.6%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Cachoeiro de Itapemirim ranks 124 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
121Petrópolis54.5
122Passos54.4
123Porto Seguro54.4
124Cachoeiro de Itapemirim54.2
125João Pessoa54.1
126Guaratinguetá54.0
127Jataí53.9
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Cachoeiro de Itapemirim ranks 242 of 320, highest first.

RankCityAverage monthly salary of formal employees
239CariacicaR$ 2,798.14
240Almirante TamandaréR$ 2,788.76
241PetrolinaR$ 2,780.90
242Cachoeiro de ItapemirimR$ 2,771.07
243Paulo AfonsoR$ 2,767.98
244Ji-ParanáR$ 2,742.92
245Volta RedondaR$ 2,741.28
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Cachoeiro de Itapemirim ranks 230 of 320, highest first.

RankCityAverage monthly salary in minimum wages
227Maracanaú2.0
228Águas Lindas de Goiás2.0
229Valparaíso de Goiás2.0
230Cachoeiro de Itapemirim2.0
231Teresópolis2.0
232Alagoinhas2.0
233Apucarana2.0
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Cachoeiro de Itapemirim ranks 131 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
128Itapetininga34.4%
129Betim34.2%
130Guarapuava34.2%
131Cachoeiro de Itapemirim34.2%
132Mogi Guaçu33.9%
133Dourados33.7%
134Ubá33.4%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Cachoeiro de Itapemirim ranks 157 of 320, highest first.

RankCityMedian monthly household income per person
154Várzea PaulistaR$ 1,200
155DiademaR$ 1,180
156JandiraR$ 1,175
157Cachoeiro de ItapemirimR$ 1,171
158TeresópolisR$ 1,167
159ItabiraR$ 1,167
160ParnamirimR$ 1,150
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

More on Cachoeiro de Itapemirim: overview · health · education and schools · poverty and living standards · government budget · all cities in Brazil

Sources

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