Economy, jobs and prices in Itabira, Brazil: official figures
Itabira's gross domestic product was R$ 7.4 billion in 2023 at current prices, 0.07% of Brazil's GDP and the 224th largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Itabira?
GDP per person in Itabira was R$ 65,590 in 2023, the 765th highest of Brazil's 5,570 municipalities and the 97th 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 Itabira?
Itabira produced 0.8% of the GDP of Minas Gerais state in 2023, while holding 0.6% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Itabira?
In 2021, the latest year with a breakdown by sector, private services made up 23.9% of Itabira's gross value added, industry 71.7%, public administration, education and health 4.1% and agriculture 0.2% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Itabira depend on?
The three activities adding the most value to Itabira's economy in 2021 were mining and oil and gas extraction, 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 3rd highest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Itabira?
Salaried employees of companies and organisations in Itabira earned an average of R$ 3,444.12 a month in 2024 (2.4 minimum wages), the 763rd highest of Brazil's 5,570 municipalities and the 139th highest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Itabira?
The average monthly salary in Itabira rose from R$ 2,956.51 in 2022 to R$ 3,444.12 in 2024 in current reais (+16.5%; 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 Itabira?
Registered companies and organisations in Itabira employed 42,374 people at the end of 2024, 35,645 of them salaried, equal to 36.0% of the estimated population; the 112th 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 Itabira?
Employment in registered firms and organisations in Itabira grew from 39,959 in 2022 to 42,374 in 2024 (+6.0%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Itabira?
4,913 companies and other organisations were active in Itabira in 2024, about 42 per 1,000 residents (the 129th lowest of 320 major Brazilian cities), and they paid R$ 1.6 billion in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Itabira?
The median monthly household income per person in Itabira was R$ 1,167 at the 2022 census, the 159th highest of 320 major Brazilian cities and the 1597th 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 Itabira went from R$ 37,765 in 2010 to R$ 65,590 in 2023, a rise of 74%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Itabira compares with other cities in Brazil
GDP at current prices (2023)
Itabira ranks 194 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 191 | Parnamirim | R$ 7.6 billion |
| 192 | Cachoeiro de Itapemirim | R$ 7.6 billion |
| 193 | Balsas | R$ 7.5 billion |
| 194 | Itabira | R$ 7.4 billion |
| 195 | São Vicente | R$ 7.4 billion |
| 196 | Nova Friburgo | R$ 7.4 billion |
| 197 | Araguaína | R$ 7.4 billion |
GDP per person at current prices (2023)
Itabira ranks 97 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 94 | Rondonópolis | R$ 67,650 |
| 95 | Rio de Janeiro | R$ 67,372 |
| 96 | Itapevi | R$ 67,220 |
| 97 | Itabira | R$ 65,590 |
| 98 | Poços de Caldas | R$ 65,548 |
| 99 | Sete Lagoas | R$ 65,544 |
| 100 | Balneário Camboriú | R$ 64,708 |
Industry share of gross value added (2021)
Itabira ranks 3 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 1 | Parauapebas | 84.1% |
| 2 | Maricá | 77.1% |
| 3 | Itabira | 71.7% |
| 4 | Nova Lima | 70.0% |
| 5 | Barcarena | 67.4% |
| 6 | Cubatão | 65.3% |
| 7 | Araucária | 65.1% |
Active companies and organisations per 1,000 residents (2024)
Itabira ranks 192 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 189 | Rio Grande | 42.2 |
| 190 | Serra | 42.2 |
| 191 | Sumaré | 42.0 |
| 192 | Itabira | 41.7 |
| 193 | Aparecida de Goiânia | 41.5 |
| 194 | Ribeirão Pires | 41.2 |
| 195 | Votorantim | 40.9 |
Average monthly salary of formal employees (2024)
Itabira ranks 139 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 136 | Anápolis | R$ 3,466.91 |
| 137 | Campo Largo | R$ 3,457.47 |
| 138 | Sinop | R$ 3,449.14 |
| 139 | Itabira | R$ 3,444.12 |
| 140 | Pinhais | R$ 3,441.27 |
| 141 | Paragominas | R$ 3,428.78 |
| 142 | Teresina | R$ 3,423.54 |
Average monthly salary in minimum wages (2024)
Itabira ranks 160 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 157 | Piraquara | 2.4 |
| 158 | Catanduva | 2.4 |
| 159 | Ribeirão Pires | 2.4 |
| 160 | Itabira | 2.4 |
| 161 | Cambé | 2.4 |
| 162 | Jataí | 2.4 |
| 163 | Paragominas | 2.4 |
People employed by registered firms and organisations, % of population (2024)
Itabira ranks 112 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 109 | Resende | 36.0% |
| 110 | Franca | 36.0% |
| 111 | Ourinhos | 36.0% |
| 112 | Itabira | 36.0% |
| 113 | Sete Lagoas | 35.9% |
| 114 | Maceió | 35.7% |
| 115 | Osasco | 35.6% |
Median monthly household income per person (2022)
Itabira ranks 159 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 156 | Jandira | R$ 1,175 |
| 157 | Cachoeiro de Itapemirim | R$ 1,171 |
| 158 | Teresópolis | R$ 1,167 |
| 159 | Itabira | R$ 1,167 |
| 160 | Parnamirim | R$ 1,150 |
| 161 | Bagé | R$ 1,150 |
| 162 | Muriaé | R$ 1,150 |
More on Itabira: 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…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.