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

Sinop's gross domestic product was R$ 11.7 billion in 2023 at current prices, 0.11% of Brazil's GDP and the 148th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 11.7 billion
2023
GDP per person
R$ 59,783
2023
Average monthly formal salary
R$ 3,449.14
2024
People employed by registered firms and organisations
71,921
2024
Median monthly household income per person
R$ 1,500
2022

What is the GDP per capita of Sinop?

GDP per person in Sinop was R$ 59,783 in 2023, the 943rd highest of Brazil's 5,570 municipalities and the 111th 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 Mato Grosso state's economy is in Sinop?

Sinop produced 4.3% of the GDP of Mato Grosso state in 2023, while holding 5.9% of its 2026 population.

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

What are the main industries in Sinop?

In 2021, the latest year with a breakdown by sector, private services made up 55.3% of Sinop's gross value added, industry 20.4%, public administration, education and health 12.2% and agriculture 12.1% (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 Sinop depend on?

The three activities adding the most value to Sinop's economy in 2021 were trade and vehicle repair, other private services (such as finance, property, transport, information and private education and health), and manufacturing. Industry's share of value added was the 149th lowest of 320 major Brazilian cities.

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

What is the average salary in Sinop?

Salaried employees of companies and organisations in Sinop earned an average of R$ 3,449.14 a month in 2024 (2.4 minimum wages), the 754th highest of Brazil's 5,570 municipalities and the 138th 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 Sinop?

The average monthly salary in Sinop rose from R$ 2,936.64 in 2022 to R$ 3,449.14 in 2024 in current reais (+17.5%; Brazil: +11.0%). In minimum wages it went from 2.4 to 2.4.

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

How many people have formal jobs in Sinop?

Registered companies and organisations in Sinop employed 71,921 people at the end of 2024, 54,111 of them salaried, equal to 33.3% of the estimated population; the 136th 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 Sinop?

Employment in registered firms and organisations in Sinop grew from 65,106 in 2022 to 71,921 in 2024 (+10.5%; Brazil: +8.4%).

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

How many companies are there in Sinop?

14,231 companies and other organisations were active in Sinop in 2024, about 66 per 1,000 residents (the 77th highest of 320 major Brazilian cities), and they paid R$ 2.5 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 Sinop?

The median monthly household income per person in Sinop was R$ 1,500 at the 2022 census, the 39th highest of 320 major Brazilian cities and the 276th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Sinop compares with other cities in Brazil

GDP at current prices (2023)

Sinop ranks 135 of 320, highest first.

RankCityGDP at current prices
132Novo HamburgoR$ 11.9 billion
133Angra dos ReisR$ 11.9 billion
134São LeopoldoR$ 11.7 billion
135SinopR$ 11.7 billion
136Presidente PrudenteR$ 11.6 billion
137Luís Eduardo MagalhãesR$ 11.6 billion
138GuarujáR$ 11.5 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Sinop ranks 111 of 320, highest first.

RankCityGDP per person at current prices
108SuzanoR$ 60,563
109LinharesR$ 60,043
110CuiabáR$ 59,997
111SinopR$ 59,783
112MauáR$ 59,773
113BarreirasR$ 59,471
114Foz do IguaçuR$ 59,469
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Sinop ranks 172 of 320, highest first.

RankCityIndustry share of gross value added
169Araraquara20.9%
170Montes Claros20.7%
171Birigui20.4%
172Sinop20.4%
173Maringá20.0%
174Tubarão19.9%
175Vila Velha19.6%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sinop ranks 77 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
74São José dos Pinhais66.4
75Varginha66.3
76Cotia66.3
77Sinop65.9
78Sorocaba65.9
79Bauru65.2
80Itu65.1
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Sinop ranks 138 of 320, highest first.

RankCityAverage monthly salary of formal employees
135CascavelR$ 3,467.35
136AnápolisR$ 3,466.91
137Campo LargoR$ 3,457.47
138SinopR$ 3,449.14
139ItabiraR$ 3,444.12
140PinhaisR$ 3,441.27
141ParagominasR$ 3,428.78
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Sinop ranks 147 of 320, highest first.

RankCityAverage monthly salary in minimum wages
144Rondonópolis2.4
145Novo Hamburgo2.4
146Araçatuba2.4
147Sinop2.4
148Santa Bárbara D'Oeste2.4
149Ferraz de Vasconcelos2.4
150Francisco Morato2.4
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sinop ranks 136 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
133Dourados33.7%
134Ubá33.4%
135Araxá33.4%
136Sinop33.3%
137Serra33.3%
138Divinópolis33.2%
139Nova Friburgo33.2%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Sinop ranks 39 of 320, highest first.

RankCityMedian monthly household income per person
36CascavelR$ 1,500
37PalhoçaR$ 1,500
38Passo FundoR$ 1,500
39SinopR$ 1,500
40Santa Bárbara D'OesteR$ 1,500
41Santana de ParnaíbaR$ 1,500
42Santa Cruz do SulR$ 1,500
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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