Economy, jobs and prices in Sete Lagoas, Brazil: official figures
Sete Lagoas' gross domestic product was R$ 14.9 billion in 2023 at current prices, 0.14% of Brazil's GDP and the 113th largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Sete Lagoas?
GDP per person in Sete Lagoas was R$ 65,544 in 2023, the 768th highest of Brazil's 5,570 municipalities and the 99th 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 Minas Gerais state's economy is in Sete Lagoas?
Sete Lagoas produced 1.5% of the GDP of Minas Gerais state in 2023, while holding 1.1% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Sete Lagoas?
In 2021, the latest year with a breakdown by sector, private services made up 41.7% of Sete Lagoas' gross value added, industry 46.1%, public administration, education and health 11.9% and agriculture 0.3% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Sete Lagoas depend on?
The three activities adding the most value to Sete Lagoas' economy in 2021 were manufacturing, other private services (such as finance, property, transport, information and private education and health), and public administration, defence, public education and health and social security. Industry's share of value added was the 23rd highest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Sete Lagoas?
Salaried employees of companies and organisations in Sete Lagoas earned an average of R$ 3,182.45 a month in 2024 (2.3 minimum wages), the 1300th highest of Brazil's 5,570 municipalities and the 139th lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Sete Lagoas?
The average monthly salary in Sete Lagoas rose from R$ 2,807.98 in 2022 to R$ 3,182.45 in 2024 in current reais (+13.3%; Brazil: +11.0%). In minimum wages it went from 2.3 to 2.3.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Sete Lagoas?
Registered companies and organisations in Sete Lagoas employed 85,481 people at the end of 2024, 70,255 of them salaried, equal to 35.9% of the estimated population; the 113th 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 Sete Lagoas?
Employment in registered firms and organisations in Sete Lagoas grew from 81,567 in 2022 to 85,481 in 2024 (+4.8%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Sete Lagoas?
11,874 companies and other organisations were active in Sete Lagoas in 2024, about 50 per 1,000 residents (the 150th highest of 320 major Brazilian cities), and they paid R$ 2.9 billion in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Sete Lagoas?
The median monthly household income per person in Sete Lagoas was R$ 1,200 at the 2022 census, the 147th highest of 320 major Brazilian cities and the 1321st 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 Sete Lagoas went from R$ 27,190 in 2010 to R$ 65,544 in 2023, a rise of 141%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Sete Lagoas compares with other cities in Brazil
GDP at current prices (2023)
Sete Lagoas ranks 105 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 102 | Rio Claro | R$ 15.4 billion |
| 103 | Volta Redonda | R$ 15.3 billion |
| 104 | Paranaguá | R$ 15.3 billion |
| 105 | Sete Lagoas | R$ 14.9 billion |
| 106 | Três Lagoas | R$ 14.8 billion |
| 107 | Araraquara | R$ 14.7 billion |
| 108 | Franca | R$ 14.4 billion |
GDP per person at current prices (2023)
Sete Lagoas ranks 99 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 96 | Itapevi | R$ 67,220 |
| 97 | Itabira | R$ 65,590 |
| 98 | Poços de Caldas | R$ 65,548 |
| 99 | Sete Lagoas | R$ 65,544 |
| 100 | Balneário Camboriú | R$ 64,708 |
| 101 | Toledo | R$ 63,192 |
| 102 | Cambé | R$ 63,159 |
Industry share of gross value added (2021)
Sete Lagoas ranks 23 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 20 | Volta Redonda | 51.9% |
| 21 | Rio das Ostras | 50.7% |
| 22 | Sabará | 47.9% |
| 23 | Sete Lagoas | 46.1% |
| 24 | Catalão | 45.9% |
| 25 | Manaus | 45.8% |
| 26 | Serra | 45.7% |
Active companies and organisations per 1,000 residents (2024)
Sete Lagoas ranks 150 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 147 | Três Lagoas | 50.1 |
| 148 | Teresópolis | 50.0 |
| 149 | Araxá | 49.9 |
| 150 | Sete Lagoas | 49.9 |
| 151 | Araguari | 49.9 |
| 152 | Colombo | 49.8 |
| 153 | Cabo Frio | 49.7 |
Average monthly salary of formal employees (2024)
Sete Lagoas ranks 182 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 179 | Patos de Minas | R$ 3,192.41 |
| 180 | Ipatinga | R$ 3,191.98 |
| 181 | Duque de Caxias | R$ 3,183.00 |
| 182 | Sete Lagoas | R$ 3,182.45 |
| 183 | Carapicuíba | R$ 3,162.90 |
| 184 | Toledo | R$ 3,157.82 |
| 185 | Rio Verde | R$ 3,156.07 |
Average monthly salary in minimum wages (2024)
Sete Lagoas ranks 171 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 168 | Itaquaquecetuba | 2.3 |
| 169 | Colombo | 2.3 |
| 170 | Ipatinga | 2.3 |
| 171 | Sete Lagoas | 2.3 |
| 172 | Presidente Prudente | 2.3 |
| 173 | Viamão | 2.3 |
| 174 | Palhoça | 2.3 |
People employed by registered firms and organisations, % of population (2024)
Sete Lagoas ranks 113 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 110 | Franca | 36.0% |
| 111 | Ourinhos | 36.0% |
| 112 | Itabira | 36.0% |
| 113 | Sete Lagoas | 35.9% |
| 114 | Maceió | 35.7% |
| 115 | Osasco | 35.6% |
| 116 | Juiz de Fora | 35.5% |
Median monthly household income per person (2022)
Sete Lagoas ranks 147 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 144 | Anápolis | R$ 1,200 |
| 145 | Praia Grande | R$ 1,200 |
| 146 | Sumaré | R$ 1,200 |
| 147 | Sete Lagoas | R$ 1,200 |
| 148 | Maricá | R$ 1,200 |
| 149 | Rio Grande | R$ 1,200 |
| 150 | Guarapuava | R$ 1,200 |
More on Sete Lagoas: 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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