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

Olinda's gross domestic product was R$ 7.0 billion in 2023 at current prices, 0.06% of Brazil's GDP and the 237th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 7.0 billion
2023
GDP per person
R$ 20,073
2023
Average monthly formal salary
R$ 2,362.04
2024
People employed by registered firms and organisations
88,733
2024
Median monthly household income per person
R$ 800
2022

What is the GDP per capita of Olinda?

GDP per person in Olinda was R$ 20,073 in 2023, the 1847th lowest of Brazil's 5,570 municipalities and the 29th 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 Pernambuco state's economy is in Olinda?

Olinda produced 2.6% of the GDP of Pernambuco state in 2023, while holding 3.8% of its 2026 population.

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

What are the main industries in Olinda?

In 2021, the latest year with a breakdown by sector, private services made up 56.7% of Olinda's gross value added, industry 12.4%, public administration, education and health 30.8% and agriculture 0.1% (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 Olinda depend on?

The three activities adding the most value to Olinda'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 trade and vehicle repair. Industry's share of value added was the 62nd lowest of 320 major Brazilian cities.

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

What is the average salary in Olinda?

Salaried employees of companies and organisations in Olinda earned an average of R$ 2,362.04 a month in 2024 (1.7 minimum wages), the 1329th lowest of Brazil's 5,570 municipalities and the 21st 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 Olinda?

The average monthly salary in Olinda rose from R$ 2,076.06 in 2022 to R$ 2,362.04 in 2024 in current reais (+13.8%; Brazil: +11.0%). In minimum wages it went from 1.7 to 1.7.

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

How many people have formal jobs in Olinda?

Registered companies and organisations in Olinda employed 88,733 people at the end of 2024, 74,055 of them salaried, equal to 24.3% of the estimated population; the 103rd 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 copy

Is employment growing in Olinda?

Employment in registered firms and organisations in Olinda fell from 88,852 in 2022 to 88,733 in 2024 (-0.1%; Brazil: +8.4%).

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

How many companies are there in Olinda?

11,647 companies and other organisations were active in Olinda in 2024, about 32 per 1,000 residents (the 77th lowest of 320 major Brazilian cities), and they paid R$ 2.4 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 Olinda?

The median monthly household income per person in Olinda was R$ 800 at the 2022 census, the 64th lowest of 320 major Brazilian cities and the 2421st lowest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Olinda compares with other cities in Brazil

GDP at current prices (2023)

Olinda ranks 202 of 320, highest first.

RankCityGDP at current prices
199TeresópolisR$ 7.1 billion
200Campo LargoR$ 7.1 billion
201CatanduvaR$ 7.0 billion
202OlindaR$ 7.0 billion
203PaulistaR$ 7.0 billion
204ArapiracaR$ 6.9 billion
205AraguariR$ 6.9 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Olinda ranks 292 of 320, highest first.

RankCityGDP per person at current prices
289Santa RitaR$ 21,103
290PaulistaR$ 20,455
291SarandiR$ 20,250
292OlindaR$ 20,073
293Belford RoxoR$ 20,051
294ItapipocaR$ 19,450
295Ribeirão das NevesR$ 19,214
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Olinda ranks 259 of 320, highest first.

RankCityIndustry share of gross value added
256São Pedro da Aldeia12.7%
257Guarapari12.7%
258Bagé12.5%
259Olinda12.4%
260Natal12.3%
261Balneário Camboriú12.3%
262Palmas12.3%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Olinda ranks 244 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
241Campos dos Goytacazes32.3
242Parnaíba32.3
243Boa Vista32.1
244Olinda31.9
245Embu das Artes31.8
246Belém31.6
247São Pedro da Aldeia31.5
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Olinda ranks 300 of 320, highest first.

RankCityAverage monthly salary of formal employees
297BrevesR$ 2,372.76
298TimonR$ 2,365.69
299MesquitaR$ 2,362.23
300OlindaR$ 2,362.04
301São Lourenço da MataR$ 2,353.26
302AraruamaR$ 2,348.15
303PatosR$ 2,338.46
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Olinda ranks 289 of 320, highest first.

RankCityAverage monthly salary in minimum wages
286Ubá1.8
287Itaperuna1.8
288Caruaru1.7
289Olinda1.7
290Paulista1.7
291Juazeiro do Norte1.7
292Parnamirim1.7
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Olinda ranks 218 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
215Paragominas24.5%
216Coronel Fabriciano24.4%
217Conselheiro Lafaiete24.4%
218Olinda24.3%
219Guarapari24.2%
220Mauá24.2%
221Várzea Grande23.9%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Olinda ranks 257 of 320, highest first.

RankCityMedian monthly household income per person
254MesquitaR$ 803
255Santo Antônio de JesusR$ 803
256Boa VistaR$ 800
257OlindaR$ 800
258Águas Lindas de GoiásR$ 800
259IlhéusR$ 800
260ItaitubaR$ 800
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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