Economy, jobs and prices in Volta Redonda, Brazil: official figures
Volta Redonda's gross domestic product was R$ 15.3 billion in 2023 at current prices, 0.14% of Brazil's GDP and the 111th largest of Brazil's 5,570 municipalities.
What is the GDP per capita of Volta Redonda?
GDP per person in Volta Redonda was R$ 58,524 in 2023, the 994th highest of Brazil's 5,570 municipalities and the 119th 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 Rio de Janeiro state's economy is in Volta Redonda?
Volta Redonda produced 1.3% of the GDP of Rio de Janeiro state in 2023, while holding 1.6% of its 2026 population.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat are the main industries in Volta Redonda?
In 2021, the latest year with a breakdown by sector, private services made up 34.4% of Volta Redonda's gross value added, industry 51.9%, public administration, education and health 13.7% and agriculture 0.0% (Brazil: 50.7%, 25.8%, 15.8% and 7.7%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat does the economy of Volta Redonda depend on?
The three activities adding the most value to Volta Redonda's 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 20th highest of 320 major Brazilian cities.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyWhat is the average salary in Volta Redonda?
Salaried employees of companies and organisations in Volta Redonda earned an average of R$ 2,741.28 a month in 2024 (1.9 minimum wages), the 2745th highest of Brazil's 5,570 municipalities and the 76th lowest of 320 major Brazilian cities (Brazil: R$ 3,932.44).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyAre wages rising in Volta Redonda?
The average monthly salary in Volta Redonda rose from R$ 2,478.31 in 2022 to R$ 2,741.28 in 2024 in current reais (+10.6%; Brazil: +11.0%). In minimum wages it went from 2.0 to 1.9.
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many people have formal jobs in Volta Redonda?
Registered companies and organisations in Volta Redonda employed 97,297 people at the end of 2024, 81,401 of them salaried, equal to 34.8% of the estimated population; the 124th 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 Volta Redonda?
Employment in registered firms and organisations in Volta Redonda grew from 90,663 in 2022 to 97,297 in 2024 (+7.3%; Brazil: +8.4%).
Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copyHow many companies are there in Volta Redonda?
12,043 companies and other organisations were active in Volta Redonda in 2024, about 43 per 1,000 residents (the 139th lowest 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 Volta Redonda?
The median monthly household income per person in Volta Redonda was R$ 1,222 at the 2022 census, the 116th highest of 320 major Brazilian cities and the 821st 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 Volta Redonda went from R$ 37,429 in 2010 to R$ 58,524 in 2023, a rise of 56%. Source: Instituto Brasileiro de Geografia e Estatística (IBGE) · saved copy
How Volta Redonda compares with other cities in Brazil
GDP at current prices (2023)
Volta Redonda ranks 103 of 320, highest first.
| Rank | City | GDP at current prices |
|---|---|---|
| 100 | Gravataí | R$ 15.5 billion |
| 101 | Jaraguá do Sul | R$ 15.5 billion |
| 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 |
GDP per person at current prices (2023)
Volta Redonda ranks 119 of 320, highest first.
| Rank | City | GDP per person at current prices |
|---|---|---|
| 116 | Bragança Paulista | R$ 59,065 |
| 117 | Santa Bárbara D'Oeste | R$ 58,926 |
| 118 | Gravataí | R$ 58,646 |
| 119 | Volta Redonda | R$ 58,524 |
| 120 | Araguari | R$ 58,218 |
| 121 | Florianópolis | R$ 58,059 |
| 122 | Mogi das Cruzes | R$ 57,746 |
Industry share of gross value added (2021)
Volta Redonda ranks 20 of 320, highest first.
| Rank | City | Industry share of gross value added |
|---|---|---|
| 17 | Araxá | 55.0% |
| 18 | Três Lagoas | 54.1% |
| 19 | Betim | 53.0% |
| 20 | Volta Redonda | 51.9% |
| 21 | Rio das Ostras | 50.7% |
| 22 | Sabará | 47.9% |
| 23 | Sete Lagoas | 46.1% |
Active companies and organisations per 1,000 residents (2024)
Volta Redonda ranks 182 of 320, highest first.
| Rank | City | Active companies and organisations per 1,000 residents |
|---|---|---|
| 179 | Resende | 43.4 |
| 180 | Santo Antônio de Jesus | 43.1 |
| 181 | Taboão da Serra | 43.0 |
| 182 | Volta Redonda | 43.0 |
| 183 | Macaé | 42.9 |
| 184 | Salvador | 42.9 |
| 185 | Porto Velho | 42.8 |
Average monthly salary of formal employees (2024)
Volta Redonda ranks 245 of 320, highest first.
| Rank | City | Average monthly salary of formal employees |
|---|---|---|
| 242 | Cachoeiro de Itapemirim | R$ 2,771.07 |
| 243 | Paulo Afonso | R$ 2,767.98 |
| 244 | Ji-Paraná | R$ 2,742.92 |
| 245 | Volta Redonda | R$ 2,741.28 |
| 246 | Lagarto | R$ 2,736.06 |
| 247 | Ribeirão das Neves | R$ 2,731.42 |
| 248 | Aparecida de Goiânia | R$ 2,730.05 |
Average monthly salary in minimum wages (2024)
Volta Redonda ranks 248 of 320, highest first.
| Rank | City | Average monthly salary in minimum wages |
|---|---|---|
| 245 | Aparecida de Goiânia | 1.9 |
| 246 | Caucaia | 1.9 |
| 247 | Ribeirão das Neves | 1.9 |
| 248 | Volta Redonda | 1.9 |
| 249 | Itaboraí | 1.9 |
| 250 | Sobral | 1.9 |
| 251 | Nossa Senhora do Socorro | 1.9 |
People employed by registered firms and organisations, % of population (2024)
Volta Redonda ranks 124 of 320, highest first.
| Rank | City | People employed by registered firms and organisations, % of population |
|---|---|---|
| 121 | Colatina | 35.1% |
| 122 | Taubaté | 35.1% |
| 123 | Mossoró | 35.0% |
| 124 | Volta Redonda | 34.8% |
| 125 | Lavras | 34.5% |
| 126 | Linhares | 34.5% |
| 127 | Mogi das Cruzes | 34.4% |
Median monthly household income per person (2022)
Volta Redonda ranks 116 of 320, highest first.
| Rank | City | Median monthly household income per person |
|---|---|---|
| 113 | Campo Grande | R$ 1,237 |
| 114 | Jacareí | R$ 1,233 |
| 115 | Hortolândia | R$ 1,233 |
| 116 | Volta Redonda | R$ 1,222 |
| 117 | Ribeirão Pires | R$ 1,220 |
| 118 | Rondonópolis | R$ 1,212 |
| 119 | Rio de Janeiro | R$ 1,212 |
More on Volta Redonda: 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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