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

Santos' gross domestic product was R$ 31.0 billion in 2023 at current prices, 0.28% of Brazil's GDP and the 45th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 31.0 billion
2023
GDP per person
R$ 73,964
2023
Average monthly formal salary
R$ 4,333.17
2024
People employed by registered firms and organisations
248,178
2024
Median monthly household income per person
R$ 2,000
2022

What is the GDP per capita of Santos?

GDP per person in Santos was R$ 73,964 in 2023, the 579th highest of Brazil's 5,570 municipalities and the 68th 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 São Paulo state's economy is in Santos?

Santos produced 0.9% of the GDP of São Paulo state in 2023, while holding 0.9% of its 2026 population.

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

What are the main industries in Santos?

In 2021, the latest year with a breakdown by sector, private services made up 77.6% of Santos' gross value added, industry 10.6%, public administration, education and health 11.8% 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 Santos depend on?

The three activities adding the most value to Santos' economy in 2021 were other private services (such as finance, property, transport, information and private education and health), trade and vehicle repair, and public administration, defence, public education and health and social security. Industry's share of value added was the 45th lowest of 320 major Brazilian cities.

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

What is the average salary in Santos?

Salaried employees of companies and organisations in Santos earned an average of R$ 4,333.17 a month in 2024 (3.1 minimum wages), the 123rd highest of Brazil's 5,570 municipalities and the 34th 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 Santos?

The average monthly salary in Santos rose from R$ 3,692.23 in 2022 to R$ 4,333.17 in 2024 in current reais (+17.4%; Brazil: +11.0%). In minimum wages it went from 3.0 to 3.1.

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

How many people have formal jobs in Santos?

Registered companies and organisations in Santos employed 248,178 people at the end of 2024, 199,332 of them salaried, equal to 57.8% of the estimated population; the 14th 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 Santos?

Employment in registered firms and organisations in Santos grew from 225,283 in 2022 to 248,178 in 2024 (+10.2%; Brazil: +8.4%).

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

How many companies are there in Santos?

40,252 companies and other organisations were active in Santos in 2024, about 94 per 1,000 residents (the 16th highest 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 Santos?

The median monthly household income per person in Santos was R$ 2,000 at the 2022 census, the 5th highest of 320 major Brazilian cities and the 11th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Santos compares with other cities in Brazil

GDP at current prices (2023)

Santos ranks 44 of 320, highest first.

RankCityGDP at current prices
41MaceióR$ 33.7 billion
42FlorianópolisR$ 31.2 billion
43NatalR$ 31.2 billion
44SantosR$ 31.0 billion
45TeresinaR$ 29.4 billion
46CanoasR$ 29.2 billion
47João PessoaR$ 28.4 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Santos ranks 68 of 320, highest first.

RankCityGDP per person at current prices
65AmericanaR$ 74,189
66IpatingaR$ 74,080
67BalsasR$ 73,991
68SantosR$ 73,964
69VarginhaR$ 73,780
70Bento GonçalvesR$ 73,589
71Rio GrandeR$ 73,511
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Santos ranks 276 of 320, highest first.

RankCityIndustry share of gross value added
273São José de Ribamar11.1%
274Boa Vista11.0%
275São Gonçalo10.8%
276Santos10.6%
277Praia Grande10.3%
278Marituba10.3%
279Teresópolis10.2%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Santos ranks 16 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
13Blumenau95.3
14São José do Rio Preto94.2
15Ribeirão Preto93.9
16Santos93.7
17Bento Gonçalves92.9
18Nova Lima92.6
19Goiânia91.7
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Santos ranks 34 of 320, highest first.

RankCityAverage monthly salary of formal employees
31Angra dos ReisR$ 4,472.37
32São José dos PinhaisR$ 4,372.18
33PiracicabaR$ 4,361.94
34SantosR$ 4,333.17
35CuiabáR$ 4,319.50
36CamaçariR$ 4,317.21
37ItapeviR$ 4,299.17
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Santos ranks 34 of 320, highest first.

RankCityAverage monthly salary in minimum wages
31Angra dos Reis3.2
32Cuiabá3.1
33Piracicaba3.1
34Santos3.1
35São José dos Pinhais3.1
36Camaçari3.1
37Salvador3.0
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Santos ranks 14 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
11Brasília61.5%
12Macaé60.7%
13Maringá57.9%
14Santos57.8%
15Cuiabá57.6%
16Goiânia57.5%
17Balneário Camboriú57.5%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Santos ranks 5 of 320, highest first.

RankCityMedian monthly household income per person
2Balneário CamboriúR$ 2,250
3FlorianópolisR$ 2,088
4NiteróiR$ 2,000
5SantosR$ 2,000
6ValinhosR$ 1,975
7Bento GonçalvesR$ 1,900
8BlumenauR$ 1,855
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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