Economy, jobs and prices in Nova Serrana, Brazil: official figures
Nova Serrana's gross domestic product was R$ 3.9 billion in 2023 at current prices, 0.04% of Brazil's GDP and the 389th largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Nova Serrana?
GDP per person in Nova Serrana was R$ 37,293 in 2023, the 2198th highest of Brazil's 5,570 municipalities and the 114th 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 copyHow much of Minas Gerais state's economy is in Nova Serrana?
Nova Serrana produced 0.4% of the GDP of Minas Gerais state in 2023, while holding 0.5% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Nova Serrana?
In 2021, the latest year with a breakdown by sector, private services made up 45.6% of Nova Serrana's gross value added, industry 31.4%, public administration, education and health 22.4% and agriculture 0.7% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Nova Serrana depend on?
The three activities adding the most value to Nova Serrana'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 91st highest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Nova Serrana?
Salaried employees of companies and organisations in Nova Serrana earned an average of R$ 2,515.59 a month in 2024 (1.8 minimum wages), the 1952nd lowest of Brazil's 5,570 municipalities and the 41st lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Nova Serrana?
The average monthly salary in Nova Serrana rose from R$ 2,089.67 in 2022 to R$ 2,515.59 in 2024 in current reais (+20.4%; Brazil: +11.0%). In minimum wages it went from 1.7 to 1.8.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Nova Serrana?
Registered companies and organisations in Nova Serrana employed 34,472 people at the end of 2024, 27,670 of them salaried, equal to 30.5% of the estimated population; the 154th lowest 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 Nova Serrana?
Employment in registered firms and organisations in Nova Serrana grew from 32,730 in 2022 to 34,472 in 2024 (+5.3%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Nova Serrana?
5,558 companies and other organisations were active in Nova Serrana in 2024, about 49 per 1,000 residents (the 154th highest of 320 major Brazilian cities), and they paid R$ 977 million in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Nova Serrana?
The median monthly household income per person in Nova Serrana was R$ 1,212 at the 2022 census, the 136th highest of 320 major Brazilian cities and the 881st 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 Nova Serrana went from R$ 13,708 in 2010 to R$ 37,293 in 2023, a rise of 172%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Nova Serrana compares with other cities in Brazil
GDP at current prices (2023)
Nova Serrana ranks 262 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 259 | Barbacena | R$ 4.1 billion |
| 260 | Passos | R$ 4.1 billion |
| 261 | Itaperuna | R$ 4.1 billion |
| 262 | Nova Serrana | R$ 3.9 billion |
| 263 | Formosa | R$ 3.9 billion |
| 264 | Lavras | R$ 3.9 billion |
| 265 | Uruguaiana | R$ 3.9 billion |
GDP per person at current prices (2023)
Nova Serrana ranks 207 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 204 | Eunápolis | R$ 37,503 |
| 205 | Bagé | R$ 37,433 |
| 206 | Lavras | R$ 37,387 |
| 207 | Nova Serrana | R$ 37,293 |
| 208 | Apucarana | R$ 37,146 |
| 209 | Aracaju | R$ 36,983 |
| 210 | Marabá | R$ 36,577 |
Industry share of gross value added (2021)
Nova Serrana ranks 91 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 88 | São Carlos | 31.8% |
| 89 | Fazenda Rio Grande | 31.7% |
| 90 | Vespasiano | 31.4% |
| 91 | Nova Serrana | 31.4% |
| 92 | Alagoinhas | 31.3% |
| 93 | Uberlândia | 31.0% |
| 94 | Poá | 30.8% |
Active companies and organisations per 1,000 residents (2024)
Nova Serrana ranks 154 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 151 | Araguari | 49.9 |
| 152 | Colombo | 49.8 |
| 153 | Cabo Frio | 49.7 |
| 154 | Nova Serrana | 49.2 |
| 155 | Salto | 49.0 |
| 156 | Araucária | 48.8 |
| 157 | Itabuna | 48.5 |
Average monthly salary of formal employees (2024)
Nova Serrana ranks 280 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 277 | Feira de Santana | R$ 2,541.52 |
| 278 | Camaragibe | R$ 2,539.25 |
| 279 | Ubá | R$ 2,532.51 |
| 280 | Nova Serrana | R$ 2,515.59 |
| 281 | Nova Iguaçu | R$ 2,495.90 |
| 282 | Parnaíba | R$ 2,489.24 |
| 283 | Santa Rita | R$ 2,485.26 |
Average monthly salary in minimum wages (2024)
Nova Serrana ranks 283 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 280 | Barbacena | 1.8 |
| 281 | Guarapari | 1.8 |
| 282 | Santana | 1.8 |
| 283 | Nova Serrana | 1.8 |
| 284 | Muriaé | 1.8 |
| 285 | Bacabal | 1.8 |
| 286 | Ubá | 1.8 |
People employed by registered firms and organisations, % of population (2024)
Nova Serrana ranks 167 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 164 | Boa Vista | 30.6% |
| 165 | Jataí | 30.6% |
| 166 | Taboão da Serra | 30.6% |
| 167 | Nova Serrana | 30.5% |
| 168 | Manaus | 30.4% |
| 169 | Montes Claros | 30.2% |
| 170 | Itaguaí | 30.2% |
Median monthly household income per person (2022)
Nova Serrana ranks 136 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 133 | Araguari | R$ 1,212 |
| 134 | Itumbiara | R$ 1,212 |
| 135 | Jataí | R$ 1,212 |
| 136 | Nova Serrana | R$ 1,212 |
| 137 | Ituiutaba | R$ 1,212 |
| 138 | Petrópolis | R$ 1,206 |
| 139 | Passos | R$ 1,204 |
More on Nova Serrana: 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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