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

Macaé's gross domestic product was R$ 22.4 billion in 2023 at current prices, 0.20% of Brazil's GDP and the 69th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 22.4 billion
2023
GDP per person
R$ 90,892
2023
Average monthly formal salary
R$ 7,939.45
2024
People employed by registered firms and organisations
160,446
2024
Median monthly household income per person
R$ 1,100
2022

What is the GDP per capita of Macaé?

GDP per person in Macaé was R$ 90,892 in 2023, the 347th highest of Brazil's 5,570 municipalities and the 33rd 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 Rio de Janeiro state's economy is in Macaé?

Macaé produced 1.9% of the GDP of Rio de Janeiro state in 2023, while holding 1.5% of its 2026 population.

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

What are the main industries in Macaé?

In 2021, the latest year with a breakdown by sector, private services made up 40.7% of Macaé's gross value added, industry 37.0%, public administration, education and health 21.9% and agriculture 0.5% (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 Macaé depend on?

The three activities adding the most value to Macaé's economy in 2021 were other private services (such as finance, property, transport, information and private education and health), public administration, defence, public education and health and social security, and mining and oil and gas extraction. Industry's share of value added was the 61st highest of 320 major Brazilian cities.

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

What is the average salary in Macaé?

Salaried employees of companies and organisations in Macaé earned an average of R$ 7,939.45 a month in 2024 (5.6 minimum wages), the 2nd highest of Brazil's 5,570 municipalities and the 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 Macaé?

The average monthly salary in Macaé rose from R$ 7,071.74 in 2022 to R$ 7,939.45 in 2024 in current reais (+12.3%; Brazil: +11.0%). In minimum wages it went from 5.8 to 5.6.

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

How many people have formal jobs in Macaé?

Registered companies and organisations in Macaé employed 160,446 people at the end of 2024, 146,861 of them salaried, equal to 60.7% of the estimated population; the 12th 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 Macaé?

Employment in registered firms and organisations in Macaé grew from 140,346 in 2022 to 160,446 in 2024 (+14.3%; Brazil: +8.4%).

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

How many companies are there in Macaé?

11,337 companies and other organisations were active in Macaé in 2024, about 43 per 1,000 residents (the 138th lowest of 320 major Brazilian cities), and they paid R$ 15.1 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 Macaé?

The median monthly household income per person in Macaé was R$ 1,100 at the 2022 census, the 148th lowest of 320 major Brazilian cities and the 1867th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Macaé compares with other cities in Brazil

GDP at current prices (2023)

Macaé ranks 66 of 320, highest first.

RankCityGDP at current prices
63São GonçaloR$ 23.1 billion
64TaubatéR$ 22.6 billion
65São Caetano do SulR$ 22.6 billion
66MacaéR$ 22.4 billion
67Rio VerdeR$ 22.3 billion
68AracajuR$ 22.3 billion
69HortolândiaR$ 22.2 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Macaé ranks 33 of 320, highest first.

RankCityGDP per person at current prices
30São PauloR$ 93,156
31Santana de ParnaíbaR$ 92,978
32CamaçariR$ 91,283
33MacaéR$ 90,892
34CatalãoR$ 90,416
35Campos dos GoytacazesR$ 88,831
36São Bernardo do CampoR$ 88,767
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Macaé ranks 61 of 320, highest first.

RankCityIndustry share of gross value added
58Sapucaia do Sul37.4%
59Ferraz de Vasconcelos37.4%
60Piracicaba37.4%
61Macaé37.0%
62Ubá36.9%
63Senador Canedo36.7%
64Araguari36.5%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Macaé ranks 183 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
180Santo Antônio de Jesus43.1
181Taboão da Serra43.0
182Volta Redonda43.0
183Macaé42.9
184Salvador42.9
185Porto Velho42.8
186Eunápolis42.8
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Macaé ranks 1 of 320, highest first.

RankCityAverage monthly salary of formal employees
1MacaéR$ 7,939.45
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
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Macaé ranks 1 of 320, highest first.

RankCityAverage monthly salary in minimum wages
1Macaé5.6
2Guarujá4.7
3Florianópolis4.5
4Paulínia4.3
5Cubatão4.2
6Brasília4.1
7São Paulo4.0
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Macaé ranks 12 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
9Porto Alegre64.3%
10Lauro de Freitas64.2%
11Brasília61.5%
12Macaé60.7%
13Maringá57.9%
14Santos57.8%
15Cuiabá57.6%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Macaé ranks 173 of 320, highest first.

RankCityMedian monthly household income per person
170SabaráR$ 1,125
171BarbacenaR$ 1,106
172SerraR$ 1,100
173MacaéR$ 1,100
174ViamãoR$ 1,100
175PiraquaraR$ 1,100
176Franco da RochaR$ 1,076
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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