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

Toledo's gross domestic product was R$ 9.5 billion in 2023 at current prices, 0.09% of Brazil's GDP and the 183rd largest of Brazil's 5,570 municipalities.

GDP (current prices)
R$ 9.5 billion
2023
GDP per person
R$ 63,192
2023
Average monthly formal salary
R$ 3,157.82
2024
People employed by registered firms and organisations
81,274
2024
Median monthly household income per person
R$ 1,600
2022

What is the GDP per capita of Toledo?

GDP per person in Toledo was R$ 63,192 in 2023, the 837th highest of Brazil's 5,570 municipalities and the 101st 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 Paraná state's economy is in Toledo?

Toledo produced 1.4% of the GDP of Paraná state in 2023, while holding 1.4% of its 2026 population.

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

What are the main industries in Toledo?

In 2021, the latest year with a breakdown by sector, private services made up 47.3% of Toledo's gross value added, industry 28.6%, public administration, education and health 11.1% and agriculture 13.0% (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 Toledo depend on?

The three activities adding the most value to Toledo'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 116th highest of 320 major Brazilian cities.

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

What is the average salary in Toledo?

Salaried employees of companies and organisations in Toledo earned an average of R$ 3,157.82 a month in 2024 (2.2 minimum wages), the 1377th highest of Brazil's 5,570 municipalities and the 137th lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).

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

Are wages rising in Toledo?

The average monthly salary in Toledo rose from R$ 2,864.61 in 2022 to R$ 3,157.82 in 2024 in current reais (+10.2%; Brazil: +11.0%). In minimum wages it went from 2.4 to 2.2.

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

How many people have formal jobs in Toledo?

Registered companies and organisations in Toledo employed 81,274 people at the end of 2024, 64,645 of them salaried, equal to 51.2% of the estimated population; the 27th 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 Toledo?

Employment in registered firms and organisations in Toledo grew from 74,441 in 2022 to 81,274 in 2024 (+9.2%; Brazil: +8.4%).

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

How many companies are there in Toledo?

12,233 companies and other organisations were active in Toledo in 2024, about 77 per 1,000 residents (the 48th highest of 320 major Brazilian cities), and they paid R$ 2.7 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 Toledo?

The median monthly household income per person in Toledo was R$ 1,600 at the 2022 census, the 28th highest of 320 major Brazilian cities and the 166th highest of Brazil's 5,570 municipalities (Brazil: R$ 1,000).

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

More figures

How Toledo compares with other cities in Brazil

GDP at current prices (2023)

Toledo ranks 167 of 320, highest first.

RankCityGDP at current prices
164PinhaisR$ 9.9 billion
165MarabáR$ 9.7 billion
166Belford RoxoR$ 9.7 billion
167ToledoR$ 9.5 billion
168BarreirasR$ 9.5 billion
169ImperatrizR$ 9.5 billion
170Mogi GuaçuR$ 9.4 billion
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

GDP per person at current prices (2023)

Toledo ranks 101 of 320, highest first.

RankCityGDP per person at current prices
98Poços de CaldasR$ 65,548
99Sete LagoasR$ 65,544
100Balneário CamboriúR$ 64,708
101ToledoR$ 63,192
102CambéR$ 63,159
103ManausR$ 61,855
104Mogi GuaçuR$ 61,395
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Industry share of gross value added (2021)

Toledo ranks 116 of 320, highest first.

RankCityIndustry share of gross value added
113Mogi das Cruzes28.7%
114Pouso Alegre28.6%
115Rondonópolis28.6%
116Toledo28.6%
117Colombo28.5%
118Almirante Tamandaré28.4%
119São Bernardo do Campo28.4%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Toledo ranks 48 of 320, highest first.

RankCityActive companies and organisations per 1,000 residents
45Santa Cruz do Sul78.6
46São Carlos78.1
47Indaiatuba77.8
48Toledo77.1
49Birigui75.6
50Joinville75.3
51Jaraguá do Sul74.8
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary of formal employees (2024)

Toledo ranks 184 of 320, highest first.

RankCityAverage monthly salary of formal employees
181Duque de CaxiasR$ 3,183.00
182Sete LagoasR$ 3,182.45
183CarapicuíbaR$ 3,162.90
184ToledoR$ 3,157.82
185Rio VerdeR$ 3,156.07
186TubarãoR$ 3,146.71
187AlvoradaR$ 3,144.82
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Average monthly salary in minimum wages (2024)

Toledo ranks 193 of 320, highest first.

RankCityAverage monthly salary in minimum wages
190Araguaína2.2
191Ibirité2.2
192Lages2.2
193Toledo2.2
194Arapongas2.2
195Araguari2.2
196Sorriso2.2
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Toledo ranks 27 of 320, highest first.

RankCityPeople employed by registered firms and organisations, % of population
24Recife52.3%
25Chapecó52.2%
26Blumenau52.1%
27Toledo51.2%
28Sertãozinho50.9%
29Erechim50.7%
30Pinhais49.7%
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

Median monthly household income per person (2022)

Toledo ranks 28 of 320, highest first.

RankCityMedian monthly household income per person
25Santo AndréR$ 1,625
26JoinvilleR$ 1,600
27ItajaíR$ 1,600
28ToledoR$ 1,600
29TubarãoR$ 1,600
30ItatibaR$ 1,550
31CampinasR$ 1,500
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy

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

Sources

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