Economy, jobs and prices in Luís Eduardo Magalhães, Brazil: official figures
Luís Eduardo Magalhães' gross domestic product was R$ 11.6 billion in 2023 at current prices, 0.11% of Brazil's GDP and the 150th largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Luís Eduardo Magalhães?
GDP per person in Luís Eduardo Magalhães was R$ 107,118 in 2023, the 231st highest of Brazil's 5,570 municipalities and the 17th 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 Bahia state's economy is in Luís Eduardo Magalhães?
Luís Eduardo Magalhães produced 2.7% of the GDP of Bahia state in 2023, while holding 0.8% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Luís Eduardo Magalhães?
In 2021, the latest year with a breakdown by sector, private services made up 53.0% of Luís Eduardo Magalhães' gross value added, industry 20.9%, public administration, education and health 5.7% and agriculture 20.4% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Luís Eduardo Magalhães depend on?
The three activities adding the most value to Luís Eduardo Magalhães' economy in 2021 were other private services (such as finance, property, transport, information and private education and health), trade and vehicle repair, and crop farming. Industry's share of value added was the 154th lowest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Luís Eduardo Magalhães?
Salaried employees of companies and organisations in Luís Eduardo Magalhães earned an average of R$ 2,929.45 a month in 2024 (2.1 minimum wages), the 2045th highest of Brazil's 5,570 municipalities and the 106th lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Luís Eduardo Magalhães?
The average monthly salary in Luís Eduardo Magalhães rose from R$ 2,565.30 in 2022 to R$ 2,929.45 in 2024 in current reais (+14.2%; Brazil: +11.0%). In minimum wages it went from 2.1 to 2.1.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Luís Eduardo Magalhães?
Registered companies and organisations in Luís Eduardo Magalhães employed 46,231 people at the end of 2024, 34,461 of them salaried, equal to 39.6% of the estimated population; the 86th 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 Luís Eduardo Magalhães?
Employment in registered firms and organisations in Luís Eduardo Magalhães grew from 39,362 in 2022 to 46,231 in 2024 (+17.5%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Luís Eduardo Magalhães?
9,564 companies and other organisations were active in Luís Eduardo Magalhães in 2024, about 82 per 1,000 residents (the 39th highest of 320 major Brazilian cities), and they paid R$ 1.3 billion in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Luís Eduardo Magalhães?
The median monthly household income per person in Luís Eduardo Magalhães was R$ 1,025 at the 2022 census, the 127th lowest of 320 major Brazilian cities and the 2201st 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 Luís Eduardo Magalhães went from R$ 31,568 in 2010 to R$ 107,118 in 2023, a rise of 239%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Luís Eduardo Magalhães compares with other cities in Brazil
GDP at current prices (2023)
Luís Eduardo Magalhães ranks 137 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 134 | São Leopoldo | R$ 11.7 billion |
| 135 | Sinop | R$ 11.7 billion |
| 136 | Presidente Prudente | R$ 11.6 billion |
| 137 | Luís Eduardo Magalhães | R$ 11.6 billion |
| 138 | Guarujá | R$ 11.5 billion |
| 139 | São João de Meriti | R$ 11.5 billion |
| 140 | Salto | R$ 11.5 billion |
GDP per person at current prices (2023)
Luís Eduardo Magalhães ranks 17 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 14 | Três Lagoas | R$ 111,703 |
| 15 | Nova Lima | R$ 111,440 |
| 16 | Indaiatuba | R$ 110,518 |
| 17 | Luís Eduardo Magalhães | R$ 107,118 |
| 18 | Paranaguá | R$ 104,861 |
| 19 | Piracicaba | R$ 104,770 |
| 20 | São José dos Pinhais | R$ 103,019 |
Industry share of gross value added (2021)
Luís Eduardo Magalhães ranks 167 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 164 | Santana de Parnaíba | 21.4% |
| 165 | Londrina | 21.1% |
| 166 | Jataí | 21.0% |
| 167 | Luís Eduardo Magalhães | 20.9% |
| 168 | Maranguape | 20.9% |
| 169 | Araraquara | 20.9% |
| 170 | Montes Claros | 20.7% |
Active companies and organisations per 1,000 residents (2024)
Luís Eduardo Magalhães ranks 39 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 36 | Niterói | 82.6 |
| 37 | Americana | 82.4 |
| 38 | Barretos | 82.1 |
| 39 | Luís Eduardo Magalhães | 82.0 |
| 40 | Sorriso | 81.3 |
| 41 | Brusque | 80.3 |
| 42 | Criciúma | 80.3 |
Average monthly salary of formal employees (2024)
Luís Eduardo Magalhães ranks 215 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 212 | Ilhéus | R$ 2,970.72 |
| 213 | Barreiras | R$ 2,951.20 |
| 214 | São Mateus | R$ 2,940.49 |
| 215 | Luís Eduardo Magalhães | R$ 2,929.45 |
| 216 | Divinópolis | R$ 2,912.11 |
| 217 | São Pedro da Aldeia | R$ 2,896.04 |
| 218 | Umuarama | R$ 2,893.96 |
Average monthly salary in minimum wages (2024)
Luís Eduardo Magalhães ranks 215 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 212 | Sarandi | 2.1 |
| 213 | Uruguaiana | 2.1 |
| 214 | Formosa | 2.1 |
| 215 | Luís Eduardo Magalhães | 2.1 |
| 216 | São Pedro da Aldeia | 2.1 |
| 217 | Camboriú | 2.1 |
| 218 | Vila Velha | 2.0 |
People employed by registered firms and organisations, % of population (2024)
Luís Eduardo Magalhães ranks 86 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 83 | Fortaleza | 39.8% |
| 84 | Araçatuba | 39.8% |
| 85 | Sorocaba | 39.8% |
| 86 | Luís Eduardo Magalhães | 39.6% |
| 87 | Barretos | 39.3% |
| 88 | Bragança Paulista | 39.1% |
| 89 | Cotia | 38.8% |
Median monthly household income per person (2022)
Luís Eduardo Magalhães ranks 194 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 191 | Formosa | R$ 1,042 |
| 192 | Barra Mansa | R$ 1,034 |
| 193 | Valparaíso de Goiás | R$ 1,033 |
| 194 | Luís Eduardo Magalhães | R$ 1,025 |
| 195 | Lauro de Freitas | R$ 1,000 |
| 196 | Guarujá | R$ 1,000 |
| 197 | João Pessoa | R$ 1,000 |
More on Luís Eduardo Magalhães: 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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