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Economy, jobs and prices in Rio de Janeiro, Brazil: official figures

Rio de Janeiro's gross domestic product was R$ 418.5 billion in 2023 at current prices, 3.82% of Brazil's GDP and the 2nd largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 418.5 billion
2023
GDP per person
R$ 67,372
2023
Average monthly formal salary
R$ 5,310.53
2024
People employed by registered firms and organisations
2,997,653
2024
Median monthly household income per person
R$ 1,212
2022

What is the GDP per capita of Rio de Janeiro?

GDP per person in Rio de Janeiro was R$ 67,372 in 2023, the 733rd highest of Brazil's 5,570 municipalities and the 95th 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 Rio de Janeiro?

Rio de Janeiro produced 35.7% of the GDP of Rio de Janeiro state in 2023, while holding 39.1% of its 2026 population.

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

What are the main industries in Rio de Janeiro?

In 2021, the latest year with a breakdown by sector, private services made up 63.3% of Rio de Janeiro's gross value added, industry 16.3%, public administration, education and health 20.3% and agriculture 0.0% (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 Rio de Janeiro depend on?

The three activities adding the most value to Rio de Janeiro'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 110th lowest of 320 major Brazilian cities.

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

What is the average salary in Rio de Janeiro?

Salaried employees of companies and organisations in Rio de Janeiro earned an average of R$ 5,310.53 a month in 2024 (3.8 minimum wages), the 29th highest of Brazil's 5,570 municipalities and the 12th 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 Rio de Janeiro?

The average monthly salary in Rio de Janeiro rose from R$ 4,784.94 in 2022 to R$ 5,310.53 in 2024 in current reais (+11.0%; Brazil: +11.0%). In minimum wages it went from 3.9 to 3.8.

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

How many people have formal jobs in Rio de Janeiro?

Registered companies and organisations in Rio de Janeiro employed 2,997,653 people at the end of 2024, 2,451,749 of them salaried, equal to 44.5% of the estimated population; the 57th 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 Rio de Janeiro?

Employment in registered firms and organisations in Rio de Janeiro grew from 2,746,816 in 2022 to 2,997,653 in 2024 (+9.1%; Brazil: +8.4%).

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

How many companies are there in Rio de Janeiro?

402,837 companies and other organisations were active in Rio de Janeiro in 2024, about 60 per 1,000 residents (the 97th highest of 320 major Brazilian cities), and they paid R$ 168.0 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 Rio de Janeiro?

The median monthly household income per person in Rio de Janeiro was R$ 1,212 at the 2022 census, the 119th highest of 320 major Brazilian cities and the 912th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Rio de Janeiro compares with other cities in Brazil

GDP at current prices (2023)

Rio de Janeiro ranks 2 of 320, highest first.

RankCityGDP at current prices
1São PauloR$ 1,066.8 billion
2Rio de JaneiroR$ 418.5 billion
3BrasíliaR$ 365.7 billion
4MaricáR$ 134.1 billion
5Belo HorizonteR$ 130.2 billion
6ManausR$ 127.6 billion
7CuritibaR$ 120.1 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Rio de Janeiro ranks 95 of 320, highest first.

RankCityGDP per person at current prices
92Rio das OstrasR$ 67,735
93CuritibaR$ 67,691
94RondonópolisR$ 67,650
95Rio de JaneiroR$ 67,372
96ItapeviR$ 67,220
97ItabiraR$ 65,590
98Poços de CaldasR$ 65,548
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Rio de Janeiro ranks 211 of 320, highest first.

RankCityIndustry share of gross value added
208Goiânia16.6%
209Paulista16.5%
210Ourinhos16.3%
211Rio de Janeiro16.3%
212Itapipoca16.3%
213Araçatuba16.3%
214Alvorada16.1%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Rio de Janeiro ranks 97 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
94Rio Verde61.1
95Vila Velha60.8
96Ourinhos60.2
97Rio de Janeiro59.9
98Lages59.6
99Muriaé59.5
100Canoas59.1
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Rio de Janeiro ranks 12 of 320, highest first.

RankCityAverage monthly salary of formal employees
9BarueriR$ 5,485.76
10HortolândiaR$ 5,439.73
11VitóriaR$ 5,375.96
12Rio de JaneiroR$ 5,310.53
13Porto AlegreR$ 5,306.67
14CampinasR$ 5,279.66
15Nova LimaR$ 5,081.17
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Rio de Janeiro ranks 11 of 320, highest first.

RankCityAverage monthly salary in minimum wages
8Osasco3.9
9Barueri3.9
10Hortolândia3.9
11Rio de Janeiro3.8
12Porto Alegre3.8
13Vitória3.8
14Campinas3.7
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Rio de Janeiro ranks 57 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
54Novo Hamburgo44.9%
55São José dos Pinhais44.7%
56São Luís44.5%
57Rio de Janeiro44.5%
58Aracaju44.2%
59São Carlos44.1%
60Piracicaba43.8%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Rio de Janeiro ranks 119 of 320, highest first.

RankCityMedian monthly household income per person
116Volta RedondaR$ 1,222
117Ribeirão PiresR$ 1,220
118RondonópolisR$ 1,212
119Rio de JaneiroR$ 1,212
120ContagemR$ 1,212
121Juiz de ForaR$ 1,212
122PelotasR$ 1,212
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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