Economy, jobs and prices in Ubá, Brazil: official figures
Ubá's gross domestic product was R$ 4.5 billion in 2023 at current prices, 0.04% of Brazil's GDP and the 355th largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Ubá?
GDP per person in Ubá was R$ 43,169 in 2023, the 1781st highest of Brazil's 5,570 municipalities and the 147th lowest 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 Ubá?
Ubá produced 0.5% of the GDP of Minas Gerais state in 2023, while holding 0.5% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Ubá?
In 2021, the latest year with a breakdown by sector, private services made up 46.8% of Ubá's gross value added, industry 36.9%, public administration, education and health 15.2% and agriculture 1.1% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Ubá depend on?
The three activities adding the most value to Ubá's economy in 2021 were other private services (such as finance, property, transport, information and private education and health), manufacturing, and public administration, defence, public education and health and social security. Industry's share of value added was the 62nd highest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Ubá?
Salaried employees of companies and organisations in Ubá earned an average of R$ 2,532.51 a month in 2024 (1.8 minimum wages), the 2019th lowest of Brazil's 5,570 municipalities and the 42nd lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Ubá?
The average monthly salary in Ubá rose from R$ 2,054.56 in 2022 to R$ 2,532.51 in 2024 in current reais (+23.3%; Brazil: +11.0%). In minimum wages it went from 1.7 to 1.8.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Ubá?
Registered companies and organisations in Ubá employed 35,855 people at the end of 2024, 28,561 of them salaried, equal to 33.4% of the estimated population; the 134th 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 Ubá?
Employment in registered firms and organisations in Ubá grew from 34,408 in 2022 to 35,855 in 2024 (+4.2%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Ubá?
5,666 companies and other organisations were active in Ubá in 2024, about 53 per 1,000 residents (the 136th highest of 320 major Brazilian cities), and they paid R$ 951 million in wages and other pay over the year.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average income in Ubá?
The median monthly household income per person in Ubá was R$ 1,150 at the 2022 census, the 157th lowest of 320 major Brazilian cities and the 1654th 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 Ubá went from R$ 20,012 in 2010 to R$ 43,169 in 2023, a rise of 116%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Ubá compares with other cities in Brazil
GDP at current prices (2023)
Ubá ranks 250 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 247 | Sapucaia do Sul | R$ 4.7 billion |
| 248 | Assis | R$ 4.7 billion |
| 249 | Poá | R$ 4.6 billion |
| 250 | Ubá | R$ 4.5 billion |
| 251 | Bagé | R$ 4.4 billion |
| 252 | São Mateus | R$ 4.4 billion |
| 253 | Açailândia | R$ 4.3 billion |
GDP per person at current prices (2023)
Ubá ranks 174 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 171 | Umuarama | R$ 43,529 |
| 172 | Corumbá | R$ 43,498 |
| 173 | Caraguatatuba | R$ 43,173 |
| 174 | Ubá | R$ 43,169 |
| 175 | Juiz de Fora | R$ 43,035 |
| 176 | Teresópolis | R$ 43,026 |
| 177 | Colatina | R$ 42,971 |
Industry share of gross value added (2021)
Ubá ranks 62 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 59 | Ferraz de Vasconcelos | 37.4% |
| 60 | Piracicaba | 37.4% |
| 61 | Macaé | 37.0% |
| 62 | Ubá | 36.9% |
| 63 | Senador Canedo | 36.7% |
| 64 | Araguari | 36.5% |
| 65 | Caxias do Sul | 36.3% |
Active companies and organisations per 1,000 residents (2024)
Ubá ranks 136 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 133 | Lavras | 53.4 |
| 134 | Pelotas | 53.2 |
| 135 | Imperatriz | 52.9 |
| 136 | Ubá | 52.8 |
| 137 | Governador Valadares | 52.7 |
| 138 | Araguaína | 52.7 |
| 139 | Balsas | 52.5 |
Average monthly salary of formal employees (2024)
Ubá ranks 279 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 276 | Itaperuna | R$ 2,543.23 |
| 277 | Feira de Santana | R$ 2,541.52 |
| 278 | Camaragibe | R$ 2,539.25 |
| 279 | Ubá | R$ 2,532.51 |
| 280 | Nova Serrana | R$ 2,515.59 |
| 281 | Nova Iguaçu | R$ 2,495.90 |
| 282 | Parnaíba | R$ 2,489.24 |
Average monthly salary in minimum wages (2024)
Ubá ranks 286 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 283 | Nova Serrana | 1.8 |
| 284 | Muriaé | 1.8 |
| 285 | Bacabal | 1.8 |
| 286 | Ubá | 1.8 |
| 287 | Itaperuna | 1.8 |
| 288 | Caruaru | 1.7 |
| 289 | Olinda | 1.7 |
People employed by registered firms and organisations, % of population (2024)
Ubá ranks 134 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 131 | Cachoeiro de Itapemirim | 34.2% |
| 132 | Mogi Guaçu | 33.9% |
| 133 | Dourados | 33.7% |
| 134 | Ubá | 33.4% |
| 135 | Araxá | 33.4% |
| 136 | Sinop | 33.3% |
| 137 | Serra | 33.3% |
Median monthly household income per person (2022)
Ubá ranks 164 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 161 | Bagé | R$ 1,150 |
| 162 | Muriaé | R$ 1,150 |
| 163 | Poá | R$ 1,150 |
| 164 | Ubá | R$ 1,150 |
| 165 | Guarulhos | R$ 1,133 |
| 166 | Governador Valadares | R$ 1,133 |
| 167 | Itaperuna | R$ 1,128 |
More on Ubá: 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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