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

Serra's gross domestic product was R$ 37.6 billion in 2023 at current prices, 0.34% of Brazil's GDP and the 38th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 37.6 billion
2023
GDP per person
R$ 72,311
2023
Average monthly formal salary
R$ 3,393.20
2024
People employed by registered firms and organisations
190,430
2024
Median monthly household income per person
R$ 1,100
2022

What is the GDP per capita of Serra?

GDP per person in Serra was R$ 72,311 in 2023, the 623rd highest of Brazil's 5,570 municipalities and the 75th 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 Espírito Santo state's economy is in Serra?

Serra produced 17.9% of the GDP of Espírito Santo state in 2023, while holding 14.1% of its 2026 population.

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

What are the main industries in Serra?

In 2021, the latest year with a breakdown by sector, private services made up 45.9% of Serra's gross value added, industry 45.7%, public administration, education and health 8.3% 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 Serra depend on?

The three activities adding the most value to Serra's economy in 2021 were manufacturing, other private services (such as finance, property, transport, information and private education and health), and trade and vehicle repair. Industry's share of value added was the 26th highest of 320 major Brazilian cities.

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

What is the average salary in Serra?

Salaried employees of companies and organisations in Serra earned an average of R$ 3,393.20 a month in 2024 (2.4 minimum wages), the 854th highest of Brazil's 5,570 municipalities and the 149th 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 Serra?

The average monthly salary in Serra rose from R$ 3,028.75 in 2022 to R$ 3,393.20 in 2024 in current reais (+12.0%; Brazil: +11.0%). In minimum wages it went from 2.5 to 2.4.

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

How many people have formal jobs in Serra?

Registered companies and organisations in Serra employed 190,430 people at the end of 2024, 161,670 of them salaried, equal to 33.3% of the estimated population; the 137th 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 Serra?

Employment in registered firms and organisations in Serra grew from 174,298 in 2022 to 190,430 in 2024 (+9.3%; Brazil: +8.4%).

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

How many companies are there in Serra?

24,137 companies and other organisations were active in Serra in 2024, about 42 per 1,000 residents (the 131st lowest of 320 major Brazilian cities), and they paid R$ 7.2 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 Serra?

The median monthly household income per person in Serra was R$ 1,100 at the 2022 census, the 149th lowest of 320 major Brazilian cities and the 1865th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Serra compares with other cities in Brazil

GDP at current prices (2023)

Serra ranks 37 of 320, highest first.

RankCityGDP at current prices
34BelémR$ 40.5 billion
35CuiabáR$ 39.1 billion
36Caxias do SulR$ 37.9 billion
37SerraR$ 37.6 billion
38Santo AndréR$ 36.9 billion
39AraucáriaR$ 34.1 billion
40São José dos PinhaisR$ 34.0 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Serra ranks 75 of 320, highest first.

RankCityGDP per person at current prices
72TaubatéR$ 72,755
73BarcarenaR$ 72,562
74ContagemR$ 72,512
75SerraR$ 72,311
76São CarlosR$ 72,146
77UberlândiaR$ 71,598
78LimeiraR$ 71,528
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Serra ranks 26 of 320, highest first.

RankCityIndustry share of gross value added
23Sete Lagoas46.1%
24Catalão45.9%
25Manaus45.8%
26Serra45.7%
27Cabo Frio45.4%
28Jaraguá do Sul45.1%
29Canoas44.4%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Serra ranks 190 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
187Caruaru42.8
188Suzano42.5
189Rio Grande42.2
190Serra42.2
191Sumaré42.0
192Itabira41.7
193Aparecida de Goiânia41.5
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Serra ranks 149 of 320, highest first.

RankCityAverage monthly salary of formal employees
146Santa Bárbara D'OesteR$ 3,407.29
147Santo AndréR$ 3,402.91
148Ponta GrossaR$ 3,395.11
149SerraR$ 3,393.20
150Ribeirão PiresR$ 3,390.13
151Pouso AlegreR$ 3,389.81
152VespasianoR$ 3,381.11
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Serra ranks 140 of 320, highest first.

RankCityAverage monthly salary in minimum wages
137Teresina2.4
138Santo André2.4
139Contagem2.4
140Serra2.4
141Mogi das Cruzes2.4
142Ponta Grossa2.4
143Taboão da Serra2.4
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Serra ranks 137 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
134Ubá33.4%
135Araxá33.4%
136Sinop33.3%
137Serra33.3%
138Divinópolis33.2%
139Nova Friburgo33.2%
140Santa Bárbara D'Oeste33.2%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Serra ranks 172 of 320, highest first.

RankCityMedian monthly household income per person
169ParanaguáR$ 1,125
170SabaráR$ 1,125
171BarbacenaR$ 1,106
172SerraR$ 1,100
173MacaéR$ 1,100
174ViamãoR$ 1,100
175PiraquaraR$ 1,100
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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