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

Sabará's gross domestic product was R$ 3.8 billion in 2023 at current prices, 0.04% of Brazil's GDP and the 399th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 3.8 billion
2023
GDP per person
R$ 29,658
2023
Average monthly formal salary
R$ 3,627.75
2024
People employed by registered firms and organisations
27,099
2024
Median monthly household income per person
R$ 1,125
2022

What is the GDP per capita of Sabará?

GDP per person in Sabará was R$ 29,658 in 2023, the 2763rd lowest of Brazil's 5,570 municipalities and the 70th 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 Minas Gerais state's economy is in Sabará?

Sabará produced 0.4% of the GDP of Minas Gerais state in 2023, while holding 0.6% of its 2026 population.

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

What are the main industries in Sabará?

In 2021, the latest year with a breakdown by sector, private services made up 36.4% of Sabará's gross value added, industry 47.9%, public administration, education and health 15.6% 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 Sabará depend on?

The three activities adding the most value to Sabará's economy in 2021 were other private services (such as finance, property, transport, information and private education and health), mining and oil and gas extraction, and manufacturing. Industry's share of value added was the 22nd highest of 320 major Brazilian cities.

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

What is the average salary in Sabará?

Salaried employees of companies and organisations in Sabará earned an average of R$ 3,627.75 a month in 2024 (2.6 minimum wages), the 522nd highest of Brazil's 5,570 municipalities and the 109th 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 Sabará?

The average monthly salary in Sabará rose from R$ 2,993.43 in 2022 to R$ 3,627.75 in 2024 in current reais (+21.2%; Brazil: +11.0%). In minimum wages it went from 2.5 to 2.6.

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

How many people have formal jobs in Sabará?

Registered companies and organisations in Sabará employed 27,099 people at the end of 2024, 23,143 of them salaried, equal to 20.2% of the estimated population; the 69th 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 Sabará?

Employment in registered firms and organisations in Sabará grew from 24,985 in 2022 to 27,099 in 2024 (+8.5%; Brazil: +8.4%).

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

How many companies are there in Sabará?

3,197 companies and other organisations were active in Sabará in 2024, about 24 per 1,000 residents (the 38th lowest of 320 major Brazilian cities), and they paid R$ 1.1 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 Sabará?

The median monthly household income per person in Sabará was R$ 1,125 at the 2022 census, the 151st lowest of 320 major Brazilian cities and the 1761st highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Sabará compares with other cities in Brazil

GDP at current prices (2023)

Sabará ranks 268 of 320, highest first.

RankCityGDP at current prices
265UruguaianaR$ 3.9 billion
266AltamiraR$ 3.9 billion
267JequiéR$ 3.9 billion
268SabaráR$ 3.8 billion
269GaranhunsR$ 3.8 billion
270ItaitubaR$ 3.8 billion
271IgarassuR$ 3.8 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Sabará ranks 251 of 320, highest first.

RankCityGDP per person at current prices
248LuziâniaR$ 29,956
249Porto SeguroR$ 29,763
250CaruaruR$ 29,738
251SabaráR$ 29,658
252Santo Antônio de JesusR$ 29,386
253ArapiracaR$ 29,319
254ItabaianaR$ 28,448
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Sabará ranks 22 of 320, highest first.

RankCityIndustry share of gross value added
19Betim53.0%
20Volta Redonda51.9%
21Rio das Ostras50.7%
22Sabará47.9%
23Sete Lagoas46.1%
24Catalão45.9%
25Manaus45.8%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sabará ranks 283 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
280Vitória de Santo Antão24.2
281Planaltina24.1
282Cabo de Santo Agostinho23.9
283Sabará23.8
284Ferraz de Vasconcelos23.7
285Jaboatão dos Guararapes23.5
286Barcarena23.5
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Sabará ranks 109 of 320, highest first.

RankCityAverage monthly salary of formal employees
106UberlândiaR$ 3,661.71
107AraxáR$ 3,633.77
108ErechimR$ 3,632.67
109SabaráR$ 3,627.75
110GuarapuavaR$ 3,624.86
111MaríliaR$ 3,624.01
112João PessoaR$ 3,623.58
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Sabará ranks 113 of 320, highest first.

RankCityAverage monthly salary in minimum wages
110Caraguatatuba2.6
111Sapucaia do Sul2.6
112Araras2.6
113Sabará2.6
114Votorantim2.6
115Barretos2.6
116Araxá2.6
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sabará ranks 252 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
249Camboriú20.6%
250Juazeiro20.6%
251Patos20.4%
252Sabará20.2%
253São Pedro da Aldeia20.0%
254Marituba19.9%
255Jequié19.9%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Sabará ranks 170 of 320, highest first.

RankCityMedian monthly household income per person
167ItaperunaR$ 1,128
168PindamonhangabaR$ 1,125
169ParanaguáR$ 1,125
170SabaráR$ 1,125
171BarbacenaR$ 1,106
172SerraR$ 1,100
173MacaéR$ 1,100
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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