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Economy, jobs and prices in Porto Velho, Brazil: official figures

Porto Velho's gross domestic product was R$ 25.4 billion in 2023 at current prices, 0.23% of Brazil's GDP and the 61st largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 25.4 billion
2023
GDP per person
R$ 55,170
2023
Average monthly formal salary
R$ 4,700.32
2024
People employed by registered firms and organisations
206,670
2024
Median monthly household income per person
R$ 867
2022

What is the GDP per capita of Porto Velho?

GDP per person in Porto Velho was R$ 55,170 in 2023, the 1125th highest of Brazil's 5,570 municipalities and the 131st 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 Rondônia state's economy is in Porto Velho?

Porto Velho produced 33.2% of the GDP of Rondônia state in 2023, while holding 29.6% of its 2026 population.

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

What are the main industries in Porto Velho?

In 2021, the latest year with a breakdown by sector, private services made up 43.9% of Porto Velho's gross value added, industry 26.9%, public administration, education and health 23.2% and agriculture 6.1% (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 Porto Velho depend on?

The three activities adding the most value to Porto Velho'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 electricity, gas, water, sewerage and waste management. Industry's share of value added was the 133rd highest of 320 major Brazilian cities.

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

What is the average salary in Porto Velho?

Salaried employees of companies and organisations in Porto Velho earned an average of R$ 4,700.32 a month in 2024 (3.3 minimum wages), the 61st highest of Brazil's 5,570 municipalities and the 18th 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 Porto Velho?

The average monthly salary in Porto Velho rose from R$ 4,005.52 in 2022 to R$ 4,700.32 in 2024 in current reais (+17.3%; Brazil: +11.0%). In minimum wages it went from 3.3 to 3.3.

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

How many people have formal jobs in Porto Velho?

Registered companies and organisations in Porto Velho employed 206,670 people at the end of 2024, 181,169 of them salaried, equal to 40.1% of the estimated population; the 80th 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 Porto Velho?

Employment in registered firms and organisations in Porto Velho grew from 187,551 in 2022 to 206,670 in 2024 (+10.2%; Brazil: +8.4%).

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

How many companies are there in Porto Velho?

22,054 companies and other organisations were active in Porto Velho in 2024, about 43 per 1,000 residents (the 136th lowest of 320 major Brazilian cities), and they paid R$ 11.1 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 Porto Velho?

The median monthly household income per person in Porto Velho was R$ 867 at the 2022 census, the 91st lowest of 320 major Brazilian cities and the 2692nd lowest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Porto Velho compares with other cities in Brazil

GDP at current prices (2023)

Porto Velho ranks 58 of 320, highest first.

RankCityGDP at current prices
55São José do Rio PretoR$ 26.4 billion
56Mogi das CruzesR$ 26.1 billion
57Ponta GrossaR$ 25.6 billion
58Porto VelhoR$ 25.4 billion
59MauáR$ 25.0 billion
60BlumenauR$ 24.9 billion
61UberabaR$ 23.7 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Porto Velho ranks 131 of 320, highest first.

RankCityGDP per person at current prices
128Belo HorizonteR$ 56,227
129CariacicaR$ 55,761
130CascavelR$ 55,176
131Porto VelhoR$ 55,170
132BotucatuR$ 55,059
133São José do Rio PretoR$ 54,934
134BarretosR$ 54,826
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Porto Velho ranks 133 of 320, highest first.

RankCityIndustry share of gross value added
130Votorantim27.6%
131Blumenau27.2%
132Guarulhos27.0%
133Porto Velho26.9%
134Jundiaí26.8%
135Criciúma26.7%
136São Caetano do Sul26.6%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Porto Velho ranks 185 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
182Volta Redonda43.0
183Macaé42.9
184Salvador42.9
185Porto Velho42.8
186Eunápolis42.8
187Caruaru42.8
188Suzano42.5
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Porto Velho ranks 18 of 320, highest first.

RankCityAverage monthly salary of formal employees
15Nova LimaR$ 5,081.17
16CuritibaR$ 5,070.73
17Rio das OstrasR$ 5,010.98
18Porto VelhoR$ 4,700.32
19JundiaíR$ 4,699.98
20São LeopoldoR$ 4,666.91
21São Bernardo do CampoR$ 4,603.37
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Porto Velho ranks 19 of 320, highest first.

RankCityAverage monthly salary in minimum wages
16Nova Lima3.6
17Rio das Ostras3.5
18São Bernardo do Campo3.3
19Porto Velho3.3
20Jundiaí3.3
21São Leopoldo3.3
22Valinhos3.3
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Porto Velho ranks 80 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
77Araucária40.6%
78Jaú40.5%
79Marília40.3%
80Porto Velho40.1%
81Rio Verde40.1%
82Campo Grande39.9%
83Fortaleza39.8%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Porto Velho ranks 230 of 320, highest first.

RankCityMedian monthly household income per person
227CorumbáR$ 875
228TeresinaR$ 868
229São LuísR$ 867
230Porto VelhoR$ 867
231MossoróR$ 867
232BarreirasR$ 850
233Teófilo OtoniR$ 848
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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