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Economy, jobs and prices in Codó, Brazil: official figures

Codó's gross domestic product was R$ 1.8 billion in 2023 at current prices, 0.02% of Brazil's GDP and the 774th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 1.8 billion
2023
GDP per person
R$ 15,822
2023
Average monthly formal salary
R$ 1,902.80
2024
People employed by registered firms and organisations
13,682
2024
Median monthly household income per person
R$ 502
2022

What is the GDP per capita of Codó?

GDP per person in Codó was R$ 15,822 in 2023, the 1200th lowest of Brazil's 5,570 municipalities and the 10th 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 Maranhão state's economy is in Codó?

Codó produced 1.2% of the GDP of Maranhão state in 2023, while holding 1.7% of its 2026 population.

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

What are the main industries in Codó?

In 2021, the latest year with a breakdown by sector, private services made up 30.3% of Codó's gross value added, industry 32.9%, public administration, education and health 31.7% and agriculture 5.2% (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 Codó depend on?

The three activities adding the most value to Codó's economy in 2021 were public administration, defence, public education and health and social security, manufacturing, and other private services (such as finance, property, transport, information and private education and health). Industry's share of value added was the 83rd highest of 320 major Brazilian cities.

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

What is the average salary in Codó?

Salaried employees of companies and organisations in Codó earned an average of R$ 1,902.80 a month in 2024 (1.3 minimum wages), the 292nd lowest of Brazil's 5,570 municipalities and the 3rd 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 Codó?

The average monthly salary in Codó fell from R$ 2,133.03 in 2022 to R$ 1,902.80 in 2024 in current reais (-10.8%; Brazil: +11.0%). In minimum wages it went from 1.8 to 1.3.

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

How many people have formal jobs in Codó?

Registered companies and organisations in Codó employed 13,682 people at the end of 2024, 11,524 of them salaried, equal to 11.6% of the estimated population; the 14th 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 Codó?

Employment in registered firms and organisations in Codó grew from 12,809 in 2022 to 13,682 in 2024 (+6.8%; Brazil: +8.4%).

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

How many companies are there in Codó?

2,078 companies and other organisations were active in Codó in 2024, about 18 per 1,000 residents (the 11th lowest of 320 major Brazilian cities), and they paid R$ 310 million in wages and other pay over the year.

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

What is the average income in Codó?

The median monthly household income per person in Codó was R$ 502 at the 2022 census, the 5th lowest of 320 major Brazilian cities and the 744th lowest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Codó compares with other cities in Brazil

GDP at current prices (2023)

Codó ranks 316 of 320, highest first.

RankCityGDP at current prices
313BacabalR$ 1.9 billion
314CametáR$ 1.9 billion
315PiraquaraR$ 1.9 billion
316CodóR$ 1.8 billion
317São Lourenço da MataR$ 1.8 billion
318Paço do LumiarR$ 1.6 billion
319BrevesR$ 1.5 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Codó ranks 311 of 320, highest first.

RankCityGDP per person at current prices
308São Lourenço da MataR$ 16,100
309BragançaR$ 16,065
310PiraquaraR$ 16,016
311CodóR$ 15,822
312AbaetetubaR$ 15,432
313Nossa Senhora do SocorroR$ 14,829
314CametáR$ 14,171
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Codó ranks 83 of 320, highest first.

RankCityIndustry share of gross value added
80Duque de Caxias33.3%
81Itumbiara33.3%
82Angra dos Reis33.0%
83Codó32.9%
84Itu32.8%
85Sorocaba32.5%
86Mogi Guaçu32.4%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Codó ranks 310 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
307São Gonçalo do Amarante18.1
308Itapipoca18.0
309Queimados17.8
310Codó17.6
311Mesquita17.3
312Francisco Morato17.3
313São Lourenço da Mata17.2
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Codó ranks 318 of 320, highest first.

RankCityAverage monthly salary of formal employees
314MagéR$ 2,209.61
315São João de MeritiR$ 2,179.91
316ManacapuruR$ 2,117.28
317NilópolisR$ 2,052.35
318CodóR$ 1,902.80
319Belford RoxoR$ 1,742.20
320ItacoatiaraR$ 1,700.29
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Codó ranks 318 of 320, highest first.

RankCityAverage monthly salary in minimum wages
314Santo Antônio de Jesus1.6
315São João de Meriti1.5
316Nilópolis1.5
317Manacapuru1.5
318Codó1.3
319Belford Roxo1.2
320Itacoatiara1.2
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Codó ranks 307 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
304Mesquita12.2%
305Piraquara11.8%
306Ribeirão das Neves11.6%
307Codó11.6%
308Itacoatiara11.1%
309Abaetetuba10.9%
310Manacapuru10.9%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Codó ranks 316 of 320, highest first.

RankCityMedian monthly household income per person
313AbaetetubaR$ 537
314BragançaR$ 530
315ItapipocaR$ 512
316CodóR$ 502
317ItacoatiaraR$ 488
318ManacapuruR$ 460
319CametáR$ 400
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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