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Economy, jobs and prices in Juiz de Fora, Brazil: official figures

Juiz de Fora's gross domestic product was R$ 23.3 billion in 2023 at current prices, 0.21% of Brazil's GDP and the 65th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 23.3 billion
2023
GDP per person
R$ 43,035
2023
Average monthly formal salary
R$ 3,253.02
2024
People employed by registered firms and organisations
201,011
2024
Median monthly household income per person
R$ 1,212
2022

What is the GDP per capita of Juiz de Fora?

GDP per person in Juiz de Fora was R$ 43,035 in 2023, the 1791st highest of Brazil's 5,570 municipalities and the 146th 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 Minas Gerais state's economy is in Juiz de Fora?

Juiz de Fora produced 2.4% of the GDP of Minas Gerais state in 2023, while holding 2.7% of its 2026 population.

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

What are the main industries in Juiz de Fora?

In 2021, the latest year with a breakdown by sector, private services made up 58.4% of Juiz de Fora's gross value added, industry 26.0%, public administration, education and health 15.3% and agriculture 0.3% (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 Juiz de Fora depend on?

The three activities adding the most value to Juiz de Fora's economy in 2021 were other private services (such as finance, property, transport, information and private education and health), manufacturing, and public administration, defence, public education and health and social security. Industry's share of value added was the 142nd highest of 320 major Brazilian cities.

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

What is the average salary in Juiz de Fora?

Salaried employees of companies and organisations in Juiz de Fora earned an average of R$ 3,253.02 a month in 2024 (2.3 minimum wages), the 1130th highest of Brazil's 5,570 municipalities and the 149th 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 Juiz de Fora?

The average monthly salary in Juiz de Fora rose from R$ 2,911.32 in 2022 to R$ 3,253.02 in 2024 in current reais (+11.7%; Brazil: +11.0%). In minimum wages it went from 2.4 to 2.3.

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

How many people have formal jobs in Juiz de Fora?

Registered companies and organisations in Juiz de Fora employed 201,011 people at the end of 2024, 158,684 of them salaried, equal to 35.5% of the estimated population; the 116th 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 Juiz de Fora?

Employment in registered firms and organisations in Juiz de Fora grew from 184,639 in 2022 to 201,011 in 2024 (+8.9%; Brazil: +8.4%).

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

How many companies are there in Juiz de Fora?

32,370 companies and other organisations were active in Juiz de Fora in 2024, about 57 per 1,000 residents (the 108th highest of 320 major Brazilian cities), and they paid R$ 6.7 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 Juiz de Fora?

The median monthly household income per person in Juiz de Fora was R$ 1,212 at the 2022 census, the 121st highest of 320 major Brazilian cities and the 876th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Juiz de Fora compares with other cities in Brazil

GDP at current prices (2023)

Juiz de Fora ranks 62 of 320, highest first.

RankCityGDP at current prices
59MauáR$ 25.0 billion
60BlumenauR$ 24.9 billion
61UberabaR$ 23.7 billion
62Juiz de ForaR$ 23.3 billion
63São GonçaloR$ 23.1 billion
64TaubatéR$ 22.6 billion
65São Caetano do SulR$ 22.6 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Juiz de Fora ranks 175 of 320, highest first.

RankCityGDP per person at current prices
172CorumbáR$ 43,498
173CaraguatatubaR$ 43,173
174UbáR$ 43,169
175Juiz de ForaR$ 43,035
176TeresópolisR$ 43,026
177ColatinaR$ 42,971
178AraguaínaR$ 42,952
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Juiz de Fora ranks 142 of 320, highest first.

RankCityIndustry share of gross value added
139Corumbá26.1%
140Araras26.0%
141Ribeirão Pires26.0%
142Juiz de Fora26.0%
143Feira de Santana25.9%
144Santa Rita25.5%
145Sobral25.4%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Juiz de Fora ranks 108 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
105Ipatinga57.7
106Dourados57.6
107Uberaba57.5
108Juiz de Fora57.2
109Cambé57.0
110Catalão57.0
111Guarapari56.8
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Juiz de Fora ranks 172 of 320, highest first.

RankCityAverage monthly salary of formal employees
169JaúR$ 3,279.89
170ColomboR$ 3,272.20
171PalhoçaR$ 3,257.72
172Juiz de ForaR$ 3,253.02
173ItaquaquecetubaR$ 3,248.03
174Tangará da SerraR$ 3,246.83
175ItumbiaraR$ 3,246.12
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Juiz de Fora ranks 167 of 320, highest first.

RankCityAverage monthly salary in minimum wages
164Ourinhos2.4
165Maceió2.3
166Duque de Caxias2.3
167Juiz de Fora2.3
168Itaquaquecetuba2.3
169Colombo2.3
170Ipatinga2.3
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Juiz de Fora ranks 116 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
113Sete Lagoas35.9%
114Maceió35.7%
115Osasco35.6%
116Juiz de Fora35.5%
117Rio Branco35.4%
118Belém35.4%
119Anápolis35.4%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Juiz de Fora ranks 121 of 320, highest first.

RankCityMedian monthly household income per person
118RondonópolisR$ 1,212
119Rio de JaneiroR$ 1,212
120ContagemR$ 1,212
121Juiz de ForaR$ 1,212
122PelotasR$ 1,212
123ColomboR$ 1,212
124IpatingaR$ 1,212
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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