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

Cubatão's gross domestic product was R$ 27.8 billion in 2023 at current prices, 0.25% of Brazil's GDP and the 54th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 27.8 billion
2023
GDP per person
R$ 247,283
2023
Average monthly formal salary
R$ 5,923.63
2024
People employed by registered firms and organisations
35,568
2024
Median monthly household income per person
R$ 960
2022

What is the GDP per capita of Cubatão?

GDP per person in Cubatão was R$ 247,283 in 2023, the 39th highest of Brazil's 5,570 municipalities and the 3rd 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 São Paulo state's economy is in Cubatão?

Cubatão produced 0.8% of the GDP of São Paulo state in 2023, while holding 0.2% of its 2026 population.

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

What are the main industries in Cubatão?

In 2021, the latest year with a breakdown by sector, private services made up 30.6% of Cubatão's gross value added, industry 65.3%, public administration, education and health 4.2% and agriculture 0.0% (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 Cubatão depend on?

The three activities adding the most value to Cubatão's economy in 2021 were manufacturing, other private services (such as finance, property, transport, information and private education and health), and electricity, gas, water, sewerage and waste management. Industry's share of value added was the 6th highest of 320 major Brazilian cities.

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

What is the average salary in Cubatão?

Salaried employees of companies and organisations in Cubatão earned an average of R$ 5,923.63 a month in 2024 (4.2 minimum wages), the 13th highest of Brazil's 5,570 municipalities and the 5th highest of 320 major Brazilian cities (Brazil: R$ 3,932.44).

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

Are wages rising in Cubatão?

The average monthly salary in Cubatão rose from R$ 5,055.99 in 2022 to R$ 5,923.63 in 2024 in current reais (+17.2%; Brazil: +11.0%). In minimum wages it went from 4.2 to 4.2.

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

How many people have formal jobs in Cubatão?

Registered companies and organisations in Cubatão employed 35,568 people at the end of 2024, 31,614 of them salaried, equal to 30.9% of the estimated population; the 160th 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 Cubatão?

Employment in registered firms and organisations in Cubatão grew from 32,819 in 2022 to 35,568 in 2024 (+8.4%; Brazil: +8.4%).

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

How many companies are there in Cubatão?

3,850 companies and other organisations were active in Cubatão in 2024, about 33 per 1,000 residents (the 91st lowest of 320 major Brazilian cities), and they paid R$ 2.4 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 Cubatão?

The median monthly household income per person in Cubatão was R$ 960 at the 2022 census, the 106th lowest of 320 major Brazilian cities and the 2547th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Cubatão compares with other cities in Brazil

GDP at current prices (2023)

Cubatão ranks 52 of 320, highest first.

RankCityGDP at current prices
49VitóriaR$ 28.3 billion
50LondrinaR$ 28.0 billion
51MaringáR$ 27.8 billion
52CubatãoR$ 27.8 billion
53CamaçariR$ 27.4 billion
54ParauapebasR$ 26.4 billion
55São José do Rio PretoR$ 26.4 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Cubatão ranks 3 of 320, highest first.

RankCityGDP per person at current prices
1MaricáR$ 679,714
2PaulíniaR$ 606,741
3CubatãoR$ 247,283
4BarueriR$ 226,391
5AraucáriaR$ 224,672
6ItajaíR$ 182,523
7OsascoR$ 163,878
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Cubatão ranks 6 of 320, highest first.

RankCityIndustry share of gross value added
3Itabira71.7%
4Nova Lima70.0%
5Barcarena67.4%
6Cubatão65.3%
7Araucária65.1%
8Foz do Iguaçu63.8%
9Paulo Afonso61.9%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Cubatão ranks 230 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
227Ilhéus34.0
228Manaus33.8
229Angra dos Reis33.7
230Cubatão33.5
231Arapiraca33.4
232Camaçari33.4
233Senador Canedo33.1
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Cubatão ranks 5 of 320, highest first.

RankCityAverage monthly salary of formal employees
2GuarujáR$ 6,649.76
3FlorianópolisR$ 6,312.50
4PaulíniaR$ 6,046.95
5CubatãoR$ 5,923.63
6BrasíliaR$ 5,805.20
7São PauloR$ 5,699.96
8OsascoR$ 5,569.00
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Cubatão ranks 5 of 320, highest first.

RankCityAverage monthly salary in minimum wages
2Guarujá4.7
3Florianópolis4.5
4Paulínia4.3
5Cubatão4.2
6Brasília4.1
7São Paulo4.0
8Osasco3.9
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Cubatão ranks 160 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
157Campo Largo31.1%
158Araguaína31.0%
159Poá31.0%
160Cubatão30.9%
161Tangará da Serra30.8%
162Balsas30.7%
163Salto30.6%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Cubatão ranks 215 of 320, highest first.

RankCityMedian monthly household income per person
212NatalR$ 970
213IbiritéR$ 970
214Ferraz de VasconcelosR$ 968
215CubatãoR$ 960
216AraguaínaR$ 956
217ItanhaémR$ 950
218Itapecerica da SerraR$ 935
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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