Economy, jobs and prices in Ipatinga, Brazil: official figures
Ipatinga's gross domestic product was R$ 16.9 billion in 2023 at current prices, 0.15% of Brazil's GDP and the 102nd largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Ipatinga?
GDP per person in Ipatinga was R$ 74,080 in 2023, the 576th highest of Brazil's 5,570 municipalities and the 66th 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 Ipatinga?
Ipatinga produced 1.7% of the GDP of Minas Gerais state in 2023, while holding 1.1% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Ipatinga?
In 2021, the latest year with a breakdown by sector, private services made up 32.9% of Ipatinga's gross value added, industry 58.8%, public administration, education and health 8.3% 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 Ipatinga depend on?
The three activities adding the most value to Ipatinga's economy in 2021 were manufacturing, 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 12th highest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Ipatinga?
Salaried employees of companies and organisations in Ipatinga earned an average of R$ 3,191.98 a month in 2024 (2.3 minimum wages), the 1275th highest of Brazil's 5,570 municipalities and the 141st lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Ipatinga?
The average monthly salary in Ipatinga rose from R$ 2,844.53 in 2022 to R$ 3,191.98 in 2024 in current reais (+12.2%; Brazil: +11.0%). In minimum wages it went from 2.3 to 2.3.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Ipatinga?
Registered companies and organisations in Ipatinga employed 86,795 people at the end of 2024, 69,715 of them salaried, equal to 36.9% of the estimated population; the 99th 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 Ipatinga?
Employment in registered firms and organisations in Ipatinga fell from 86,988 in 2022 to 86,795 in 2024 (-0.2%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Ipatinga?
13,584 companies and other organisations were active in Ipatinga in 2024, about 58 per 1,000 residents (the 105th highest of 320 major Brazilian cities), and they paid R$ 3.0 billion in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Ipatinga?
The median monthly household income per person in Ipatinga was R$ 1,212 at the 2022 census, the 124th highest of 320 major Brazilian cities and the 868th 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 Ipatinga went from R$ 31,444 in 2010 to R$ 74,080 in 2023, a rise of 136%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Ipatinga compares with other cities in Brazil
GDP at current prices (2023)
Ipatinga ranks 95 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 92 | Embu das Artes | R$ 17.3 billion |
| 93 | Foz do Iguaçu | R$ 17.0 billion |
| 94 | Cabo Frio | R$ 17.0 billion |
| 95 | Ipatinga | R$ 16.9 billion |
| 96 | Rondonópolis | R$ 16.6 billion |
| 97 | Cabo de Santo Agostinho | R$ 15.9 billion |
| 98 | Itapevi | R$ 15.6 billion |
GDP per person at current prices (2023)
Ipatinga ranks 66 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 63 | Ribeirão Preto | R$ 74,869 |
| 64 | Simões Filho | R$ 74,270 |
| 65 | Americana | R$ 74,189 |
| 66 | Ipatinga | R$ 74,080 |
| 67 | Balsas | R$ 73,991 |
| 68 | Santos | R$ 73,964 |
| 69 | Varginha | R$ 73,780 |
Industry share of gross value added (2021)
Ipatinga ranks 12 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 9 | Paulo Afonso | 61.9% |
| 10 | Paulínia | 60.6% |
| 11 | Camaçari | 60.5% |
| 12 | Ipatinga | 58.8% |
| 13 | Niterói | 58.6% |
| 14 | Campos dos Goytacazes | 57.0% |
| 15 | Pindamonhangaba | 55.4% |
Active companies and organisations per 1,000 residents (2024)
Ipatinga ranks 105 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 102 | Itumbiara | 58.8 |
| 103 | Campo Grande | 58.6 |
| 104 | Santa Maria | 58.3 |
| 105 | Ipatinga | 57.7 |
| 106 | Dourados | 57.6 |
| 107 | Uberaba | 57.5 |
| 108 | Juiz de Fora | 57.2 |
Average monthly salary of formal employees (2024)
Ipatinga ranks 180 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 177 | Itanhaém | R$ 3,212.57 |
| 178 | Lavras | R$ 3,194.86 |
| 179 | Patos de Minas | R$ 3,192.41 |
| 180 | Ipatinga | R$ 3,191.98 |
| 181 | Duque de Caxias | R$ 3,183.00 |
| 182 | Sete Lagoas | R$ 3,182.45 |
| 183 | Carapicuíba | R$ 3,162.90 |
Average monthly salary in minimum wages (2024)
Ipatinga ranks 170 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 167 | Juiz de Fora | 2.3 |
| 168 | Itaquaquecetuba | 2.3 |
| 169 | Colombo | 2.3 |
| 170 | Ipatinga | 2.3 |
| 171 | Sete Lagoas | 2.3 |
| 172 | Presidente Prudente | 2.3 |
| 173 | Viamão | 2.3 |
People employed by registered firms and organisations, % of population (2024)
Ipatinga ranks 99 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 96 | Patos de Minas | 37.6% |
| 97 | Assis | 37.3% |
| 98 | Rondonópolis | 37.2% |
| 99 | Ipatinga | 36.9% |
| 100 | Itumbiara | 36.8% |
| 101 | Ponta Grossa | 36.8% |
| 102 | Apucarana | 36.8% |
Median monthly household income per person (2022)
Ipatinga ranks 124 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 121 | Juiz de Fora | R$ 1,212 |
| 122 | Pelotas | R$ 1,212 |
| 123 | Colombo | R$ 1,212 |
| 124 | Ipatinga | R$ 1,212 |
| 125 | Rio Verde | R$ 1,212 |
| 126 | Nova Friburgo | R$ 1,212 |
| 127 | Rio das Ostras | R$ 1,212 |
More on Ipatinga: 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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