Economy, jobs and prices in São Paulo, Brazil: official figures
São Paulo's gross domestic product was R$ 1,066.8 billion in 2023 at current prices, 9.75% of Brazil's GDP and the largest of Brazil's 5,570 municipalities.
What is the GDP per capita of São Paulo?
GDP per person in São Paulo was R$ 93,156 in 2023, the 323rd highest of Brazil's 5,570 municipalities and the 30th 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 copyHow much of São Paulo state's economy is in São Paulo?
São Paulo produced 31.0% of the GDP of São Paulo state in 2023, while holding 25.8% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in São Paulo?
In 2021, the latest year with a breakdown by sector, private services made up 83.2% of São Paulo's gross value added, industry 9.5%, public administration, education and health 7.3% and agriculture 0.0% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of São Paulo depend on?
The three activities adding the most value to São Paulo's 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 30th lowest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in São Paulo?
Salaried employees of companies and organisations in São Paulo earned an average of R$ 5,699.96 a month in 2024 (4.0 minimum wages), the 17th highest of Brazil's 5,570 municipalities and the 7th highest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in São Paulo?
The average monthly salary in São Paulo rose from R$ 5,322.84 in 2022 to R$ 5,699.96 in 2024 in current reais (+7.1%; Brazil: +11.0%). In minimum wages it went from 4.4 to 4.0.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in São Paulo?
Registered companies and organisations in São Paulo employed 6,822,182 people at the end of 2024, 5,181,603 of them salaried, equal to 57.4% of the estimated population; the 18th 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 copyIs employment growing in São Paulo?
Employment in registered firms and organisations in São Paulo grew from 6,728,485 in 2022 to 6,822,182 in 2024 (+1.4%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in São Paulo?
1,221,001 companies and other organisations were active in São Paulo in 2024, about 103 per 1,000 residents (the 10th highest of 320 major Brazilian cities), and they paid R$ 382.3 billion in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in São Paulo?
The median monthly household income per person in São Paulo was R$ 1,340 at the 2022 census, the 70th highest of 320 major Brazilian cities and the 496th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyMore figures
- At current prices, not adjusted for inflation, GDP per person in São Paulo went from R$ 40,064 in 2010 to R$ 93,156 in 2023, a rise of 133%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How São Paulo compares with other cities in Brazil
GDP at current prices (2023)
São Paulo ranks 1 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 1 | São Paulo | R$ 1,066.8 billion |
| 2 | Rio de Janeiro | R$ 418.5 billion |
| 3 | Brasília | R$ 365.7 billion |
| 4 | Maricá | R$ 134.1 billion |
| 5 | Belo Horizonte | R$ 130.2 billion |
| 6 | Manaus | R$ 127.6 billion |
| 7 | Curitiba | R$ 120.1 billion |
GDP per person at current prices (2023)
São Paulo ranks 30 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 27 | Resende | R$ 94,649 |
| 28 | Hortolândia | R$ 93,661 |
| 29 | Pouso Alegre | R$ 93,296 |
| 30 | São Paulo | R$ 93,156 |
| 31 | Santana de Parnaíba | R$ 92,978 |
| 32 | Camaçari | R$ 91,283 |
| 33 | Macaé | R$ 90,892 |
Industry share of gross value added (2021)
São Paulo ranks 291 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 288 | Manacapuru | 9.7% |
| 289 | Porto Alegre | 9.5% |
| 290 | Nova Iguaçu | 9.5% |
| 291 | São Paulo | 9.5% |
| 292 | Juazeiro do Norte | 9.4% |
| 293 | Santana | 9.4% |
| 294 | Rio Branco | 9.3% |
Active companies and organisations per 1,000 residents (2024)
São Paulo ranks 10 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 7 | Vitória | 116.9 |
| 8 | Itajaí | 107.4 |
| 9 | Porto Alegre | 105.3 |
| 10 | São Paulo | 102.6 |
| 11 | Santana de Parnaíba | 101.0 |
| 12 | Belo Horizonte | 97.2 |
| 13 | Blumenau | 95.3 |
Average monthly salary of formal employees (2024)
São Paulo ranks 7 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 4 | Paulínia | R$ 6,046.95 |
| 5 | Cubatão | R$ 5,923.63 |
| 6 | Brasília | R$ 5,805.20 |
| 7 | São Paulo | R$ 5,699.96 |
| 8 | Osasco | R$ 5,569.00 |
| 9 | Barueri | R$ 5,485.76 |
| 10 | Hortolândia | R$ 5,439.73 |
Average monthly salary in minimum wages (2024)
São Paulo ranks 7 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 4 | Paulínia | 4.3 |
| 5 | Cubatão | 4.2 |
| 6 | Brasília | 4.1 |
| 7 | São Paulo | 4.0 |
| 8 | Osasco | 3.9 |
| 9 | Barueri | 3.9 |
| 10 | Hortolândia | 3.9 |
People employed by registered firms and organisations, % of population (2024)
São Paulo ranks 18 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 15 | Cuiabá | 57.6% |
| 16 | Goiânia | 57.5% |
| 17 | Balneário Camboriú | 57.5% |
| 18 | São Paulo | 57.4% |
| 19 | São José | 56.7% |
| 20 | Paulínia | 56.2% |
| 21 | Santana de Parnaíba | 55.1% |
Median monthly household income per person (2022)
São Paulo ranks 70 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 67 | Cachoeirinha | R$ 1,350 |
| 68 | Araras | R$ 1,350 |
| 69 | Lages | R$ 1,349 |
| 70 | São Paulo | R$ 1,340 |
| 71 | Bragança Paulista | R$ 1,337 |
| 72 | Uberlândia | R$ 1,333 |
| 73 | São José dos Campos | R$ 1,333 |
More on São Paulo: overview · health · education and schools · poverty and living standards · government budget · all cities in Brazil
Sources
- Instituto Brasileiro de Geografia e Estatística (IBGE): Estatísticas do Cadastro Central de Empresas (CEMPRE) 2022-2024: local units, companies and organisations, employed persons, salaried employees, wages and average monthly salary (SIDRA table 9509; Brazil, states and the 320 listed municipalities), read 23 October 2026 · saved copy (SHA-256 6512e29fcaa1…)
- Instituto Brasileiro de Geografia e Estatística (IBGE): Produto Interno Bruto dos Municípios, database 2010-2023 (text format, with layout): GDP, GDP per person and gross value added by sector for every municipality, with IBGE urban hierarchy, metropolitan region, Legal Amazon and semi-arid classifications, read 23 October 2026 · saved copy (SHA-256 1179047b0bcc…)
- Instituto Brasileiro de Geografia e Estatística (IBGE): Censo Demográfico 2022: mean and median monthly household income per person of residents of permanent private households, Brazil, states and municipalities (SIDRA table 10295), read 23 October 2026 · saved copy (SHA-256 34331c7982e4…)
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