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

Sorocaba's gross domestic product was R$ 58.8 billion in 2023 at current prices, 0.54% of Brazil's GDP and the 24th largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 58.8 billion
2023
GDP per person
R$ 81,274
2023
Average monthly formal salary
R$ 4,187.46
2024
People employed by registered firms and organisations
301,480
2024
Median monthly household income per person
R$ 1,433
2022

What is the GDP per capita of Sorocaba?

GDP per person in Sorocaba was R$ 81,274 in 2023, the 466th highest of Brazil's 5,570 municipalities and the 49th 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 Sorocaba?

Sorocaba produced 1.7% of the GDP of São Paulo state in 2023, while holding 1.7% of its 2026 population.

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

What are the main industries in Sorocaba?

In 2021, the latest year with a breakdown by sector, private services made up 59.0% of Sorocaba's gross value added, industry 32.5%, public administration, education and health 8.4% 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 Sorocaba depend on?

The three activities adding the most value to Sorocaba's economy in 2021 were other private services (such as finance, property, transport, information and private education and health), manufacturing, and trade and vehicle repair. Industry's share of value added was the 85th highest of 320 major Brazilian cities.

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

What is the average salary in Sorocaba?

Salaried employees of companies and organisations in Sorocaba earned an average of R$ 4,187.46 a month in 2024 (3.0 minimum wages), the 166th highest of Brazil's 5,570 municipalities and the 45th 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 Sorocaba?

The average monthly salary in Sorocaba rose from R$ 3,721.97 in 2022 to R$ 4,187.46 in 2024 in current reais (+12.5%; Brazil: +11.0%). In minimum wages it went from 3.1 to 3.0.

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

How many people have formal jobs in Sorocaba?

Registered companies and organisations in Sorocaba employed 301,480 people at the end of 2024, 236,866 of them salaried, equal to 39.8% of the estimated population; the 85th 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 Sorocaba?

Employment in registered firms and organisations in Sorocaba grew from 275,908 in 2022 to 301,480 in 2024 (+9.3%; Brazil: +8.4%).

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

How many companies are there in Sorocaba?

49,885 companies and other organisations were active in Sorocaba in 2024, about 66 per 1,000 residents (the 78th highest of 320 major Brazilian cities), and they paid R$ 12.8 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 Sorocaba?

The median monthly household income per person in Sorocaba was R$ 1,433 at the 2022 census, the 53rd highest of 320 major Brazilian cities and the 339th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Sorocaba compares with other cities in Brazil

GDP at current prices (2023)

Sorocaba ranks 23 of 320, highest first.

RankCityGDP at current prices
20RecifeR$ 66.4 billion
21JundiaíR$ 65.4 billion
22São José dos CamposR$ 61.4 billion
23SorocabaR$ 58.8 billion
24BetimR$ 52.6 billion
25Ribeirão PretoR$ 52.3 billion
26UberlândiaR$ 51.1 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Sorocaba ranks 49 of 320, highest first.

RankCityGDP per person at current prices
46PindamonhangabaR$ 82,662
47JacareíR$ 81,960
48Caxias do SulR$ 81,684
49SorocabaR$ 81,274
50JoinvilleR$ 80,828
51CampinasR$ 80,741
52ValinhosR$ 80,719
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Sorocaba ranks 85 of 320, highest first.

RankCityIndustry share of gross value added
82Angra dos Reis33.0%
83Codó32.9%
84Itu32.8%
85Sorocaba32.5%
86Mogi Guaçu32.4%
87Arapongas32.1%
88São Carlos31.8%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sorocaba ranks 78 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
75Varginha66.3
76Cotia66.3
77Sinop65.9
78Sorocaba65.9
79Bauru65.2
80Itu65.1
81Itatiba63.9
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Sorocaba ranks 45 of 320, highest first.

RankCityAverage monthly salary of formal employees
42PindamonhangabaR$ 4,201.11
43Santana de ParnaíbaR$ 4,200.10
44ParauapebasR$ 4,191.19
45SorocabaR$ 4,187.46
46RecifeR$ 4,182.41
47SalvadorR$ 4,178.17
48DiademaR$ 4,164.29
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Sorocaba ranks 39 of 320, highest first.

RankCityAverage monthly salary in minimum wages
36Camaçari3.1
37Salvador3.0
38Recife3.0
39Sorocaba3.0
40Betim3.0
41Palmas3.0
42Parauapebas3.0
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sorocaba ranks 85 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
82Campo Grande39.9%
83Fortaleza39.8%
84Araçatuba39.8%
85Sorocaba39.8%
86Luís Eduardo Magalhães39.6%
87Barretos39.3%
88Bragança Paulista39.1%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Sorocaba ranks 53 of 320, highest first.

RankCityMedian monthly household income per person
50PiracicabaR$ 1,450
51Santa MariaR$ 1,450
52Belo HorizonteR$ 1,441
53SorocabaR$ 1,433
54AssisR$ 1,407
55PinhaisR$ 1,404
56BauruR$ 1,400
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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