Economy, jobs and prices in Contagem, Brazil: official figures
Contagem's gross domestic product was R$ 45.1 billion in 2023 at current prices, 0.41% of Brazil's GDP and the 30th largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Contagem?
GDP per person in Contagem was R$ 72,512 in 2023, the 616th highest of Brazil's 5,570 municipalities and the 74th 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 Contagem?
Contagem produced 4.6% of the GDP of Minas Gerais state in 2023, while holding 3.0% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Contagem?
In 2021, the latest year with a breakdown by sector, private services made up 59.1% of Contagem's gross value added, industry 30.8%, public administration, education and health 10.1% and agriculture 0.0% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Contagem depend on?
The three activities adding the most value to Contagem's economy in 2021 were other private services (such as finance, property, transport, information and private education and health), trade and vehicle repair, and manufacturing. Industry's share of value added was the 96th highest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Contagem?
Salaried employees of companies and organisations in Contagem earned an average of R$ 3,322.44 a month in 2024 (2.4 minimum wages), the 980th highest of Brazil's 5,570 municipalities and the 158th lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Contagem?
The average monthly salary in Contagem rose from R$ 2,905.56 in 2022 to R$ 3,322.44 in 2024 in current reais (+14.3%; Brazil: +11.0%). In minimum wages it went from 2.4 to 2.4.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Contagem?
Registered companies and organisations in Contagem employed 267,316 people at the end of 2024, 225,913 of them salaried, equal to 41.1% of the estimated population; the 74th 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 Contagem?
Employment in registered firms and organisations in Contagem grew from 256,095 in 2022 to 267,316 in 2024 (+4.4%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Contagem?
35,019 companies and other organisations were active in Contagem in 2024, about 54 per 1,000 residents (the 128th highest of 320 major Brazilian cities), and they paid R$ 9.9 billion in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Contagem?
The median monthly household income per person in Contagem was R$ 1,212 at the 2022 census, the 120th highest of 320 major Brazilian cities and the 853rd 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 Contagem went from R$ 31,743 in 2010 to R$ 72,512 in 2023, a rise of 128%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Contagem compares with other cities in Brazil
GDP at current prices (2023)
Contagem ranks 29 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 26 | Uberlândia | R$ 51.1 billion |
| 27 | Joinville | R$ 49.8 billion |
| 28 | Itajaí | R$ 48.2 billion |
| 29 | Contagem | R$ 45.1 billion |
| 30 | Piracicaba | R$ 44.4 billion |
| 31 | Campos dos Goytacazes | R$ 43.0 billion |
| 32 | São Luís | R$ 42.4 billion |
GDP per person at current prices (2023)
Contagem ranks 74 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 71 | Rio Grande | R$ 73,511 |
| 72 | Taubaté | R$ 72,755 |
| 73 | Barcarena | R$ 72,562 |
| 74 | Contagem | R$ 72,512 |
| 75 | Serra | R$ 72,311 |
| 76 | São Carlos | R$ 72,146 |
| 77 | Uberlândia | R$ 71,598 |
Industry share of gross value added (2021)
Contagem ranks 96 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 93 | Uberlândia | 31.0% |
| 94 | Poá | 30.8% |
| 95 | Cambé | 30.8% |
| 96 | Contagem | 30.8% |
| 97 | Luziânia | 30.8% |
| 98 | Jandira | 30.8% |
| 99 | Divinópolis | 30.7% |
Active companies and organisations per 1,000 residents (2024)
Contagem ranks 128 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 125 | João Pessoa | 54.1 |
| 126 | Guaratinguetá | 54.0 |
| 127 | Jataí | 53.9 |
| 128 | Contagem | 53.9 |
| 129 | São Leopoldo | 53.8 |
| 130 | Nova Friburgo | 53.8 |
| 131 | Campo Largo | 53.8 |
Average monthly salary of formal employees (2024)
Contagem ranks 163 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 160 | Ourinhos | R$ 3,341.16 |
| 161 | Jataí | R$ 3,329.99 |
| 162 | Itapetininga | R$ 3,328.00 |
| 163 | Contagem | R$ 3,322.44 |
| 164 | Araçatuba | R$ 3,321.19 |
| 165 | Presidente Prudente | R$ 3,301.00 |
| 166 | Poços de Caldas | R$ 3,287.41 |
Average monthly salary in minimum wages (2024)
Contagem ranks 139 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 136 | Corumbá | 2.5 |
| 137 | Teresina | 2.4 |
| 138 | Santo André | 2.4 |
| 139 | Contagem | 2.4 |
| 140 | Serra | 2.4 |
| 141 | Mogi das Cruzes | 2.4 |
| 142 | Ponta Grossa | 2.4 |
People employed by registered firms and organisations, % of population (2024)
Contagem ranks 74 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 71 | Arapongas | 41.6% |
| 72 | Itatiba | 41.5% |
| 73 | Limeira | 41.4% |
| 74 | Contagem | 41.1% |
| 75 | Uberlândia | 41.0% |
| 76 | Atibaia | 40.9% |
| 77 | Araucária | 40.6% |
Median monthly household income per person (2022)
Contagem ranks 120 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 117 | Ribeirão Pires | R$ 1,220 |
| 118 | Rondonópolis | R$ 1,212 |
| 119 | Rio de Janeiro | R$ 1,212 |
| 120 | Contagem | R$ 1,212 |
| 121 | Juiz de Fora | R$ 1,212 |
| 122 | Pelotas | R$ 1,212 |
| 123 | Colombo | R$ 1,212 |
More on Contagem: 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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