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Economy, jobs and prices in Espirito Santo, Brazil: official figures

The gross domestic product of Espirito Santo was R$209.8 billion in 2023 at current prices, 1.9% of Brazil's R$10.94 trillion and 14th largest of 27. In current reais it was up 14.9% on 2022.

GDP (current prices)
R$209.8 billion
2023
GDP per person
R$54,733
2023
Unemployment rate (Q2 2026)
2.3%
Q2 2026
Average monthly earnings, main job (Q2 2026)
R$3,505
Q2 2026
Household income per person, monthly (2025)
R$2,209
2025
Average monthly household income per person
R$2,054
2024

How fast is the economy of Espirito Santo growing?

After removing price changes, the economy of Espirito Santo grew 3.4% in 2023, against 3.2% for Brazil; 13th fastest growth of 27.

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

Has the economy of Espirito Santo grown since 2010?

In real terms, GDP in Espirito Santo was 4.7% higher in 2023 than in 2010 (Brazil: 15.1% higher), the smallest growth of 27 over the period. Its share of national GDP moved from 2.20% in 2010 to 1.92% in 2023.

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

What is the GDP per capita of Espirito Santo?

Dividing 2023 GDP by the 2022 census population (IBGE used the census count for 2023 because no 2023 estimate was made) gives R$54,733 per person, 1.02 times the Brazilian figure of R$53,887; 9th highest of 27.

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

What are the main industries in Espirito Santo?

In 2023 services made up 66.1% of gross value added in Espirito Santo, industry 28.5% and agriculture and livestock 5.4% (7th lowest agricultural share of 27; Brazil 6.9%).

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

How big is the public sector in the economy of Espirito Santo?

The largest activities in the economy of Espirito Santo in 2023 were trade and vehicle repair (17.2% of gross value added), public administration, defence, public education and health, and social security (15.2%) and other services (14.6%). The public sector (administration, public education and health, social security) accounted for 15.2%, 6th lowest of 27.

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

What share of the economy of Espirito Santo is in its largest cities?

The five municipalities with the largest GDP in Espirito Santo produced 55.0% of its GDP in 2023 while holding 47.8% of its population, according to IBGE's municipal GDP figures.

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

What is the unemployment rate in Espirito Santo?

The unemployment rate in Espirito Santo was 2.3% in April to June 2026, according to IBGE's PNAD Continua survey, against 5.4% for Brazil; 3rd lowest of 27. A year earlier (April to June 2025) it was 3.1%.

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

What was the highest unemployment rate in Espirito Santo?

Since the PNAD Continua series began in 2012, quarterly unemployment in Espirito Santo peaked at 14.7% in January to March 2017; its lowest rate was 2.3% in April to June 2026.

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

What is the labour force participation rate in Espirito Santo?

In April to June 2026, 62.6% of people aged 14 and over in Espirito Santo were in the labour force (working or looking for work), 12th highest of 27 (Brazil 62.1%).

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

How many people are employed in Espirito Santo?

About 2,080,000 people in Espirito Santo were employed in April to June 2026 and 49,000 were unemployed; 61.2% of the population aged 14 and over had a job (11th highest of 27).

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

How many workers in Espirito Santo are informal?

40.0% of employed people in Espirito Santo worked informally in April to June 2026 (about 832,000 people), against 37.4% nationally; 12th lowest of 27. A year earlier the rate was 38.2%.

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

What is the average salary in Espirito Santo?

Employed people in Espirito Santo usually earned an average of R$3,505 a month from their main job in April to June 2026 (Brazil R$3,621); 11th highest of 27. Adjusted for inflation that is up 0.3% on a year earlier and up 18.1% on April to June 2019.

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

What is the average household income in Espirito Santo?

Average household income per person in Espirito Santo was R$2,209 a month in 2025, against R$2,264 for Brazil; 11th highest of 27.

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

How big is the gap between rich and poor in Espirito Santo?

In 2025 the richest 10% of people in Espirito Santo had an average household income of R$8,423 per person a month and the poorest 10% R$308, a ratio of 27.3 to 1 (13th narrowest gap of 27).

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

How unequal is income in Espirito Santo?

The Gini index of household income per person in Espirito Santo was 0.480 in 2025 (Brazil 0.511), 11th least unequal of 27; in 2019 it was 0.518.

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

What is the average income in Espirito Santo?

Average household income per person in Espirito Santo was R$2,054 a month in 2024 and the median was R$1,398; the average is 9th highest of the 26 states and the Federal District (Brazil: R$2,017 average, R$1,328 median).

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

Is income growing in Espirito Santo?

In 2024 prices, average household income per person in Espirito Santo rose from R$1,855 a month in 2019 to R$2,054 in 2024, 2.1% a year (Brazil: 2.2% a year); for the poorest 40% it grew 4.5% a year.

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

More figures

How Espirito Santo compares with other states

GDP at current prices, 2023 (2023)

Espirito Santo ranks 14 of 27, highest first.

RankRegionGDP at current prices, 2023
11PernambucoR$270.5 billion
12ParaR$254.5 billion
13CearaR$232.2 billion
14Espirito SantoR$209.8 billion
15Mato Grosso do SulR$184.4 billion
16AmazonasR$161.8 billion
17MaranhaoR$149.2 billion
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

GDP per person, 2023 (2023 GDP / 2022 census population) (2023)

Espirito Santo ranks 9 of 27, highest first.

RankRegionGDP per person, 2023 (2023 GDP / 2022 census population)
6Mato Grosso do SulR$66,885
7Rio Grande do SulR$59,736
8ParanaR$58,624
9Espirito SantoR$54,733
10RondoniaR$48,353
11GoiasR$47,722
12Minas GeraisR$47,321
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Real GDP growth, 2023 (2023)

Espirito Santo ranks 13 of 27, highest first.

RankRegionReal GDP growth, 2023
10Maranhao3.6%
11Alagoas3.5%
12Minas Gerais3.4%
13Espirito Santo3.4%
14Distrito Federal3.3%
15Sergipe3.1%
16Piaui3.1%
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Real GDP growth, 2010-2023 (cumulative) (2010-2023)

Espirito Santo ranks 27 of 27, highest first.

RankRegionReal GDP growth, 2010-2023 (cumulative)
21Rio de Janeiro12.2%
22Minas Gerais11.5%
23Sao Paulo8.9%
24Rio Grande do Sul8.2%
25Sergipe7.3%
26Bahia6.9%
27Espirito Santo4.7%
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Agriculture and livestock share of gross value added, 2023 (2023)

Espirito Santo ranks 21 of 27, highest first.

RankRegionAgriculture and livestock share of gross value added, 2023
18Ceara6.0%
19Pernambuco5.7%
20Amazonas5.4%
21Espirito Santo5.4%
22Paraiba4.8%
23Rio Grande do Norte4.2%
24Sao Paulo2.4%
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Unemployment rate, Q2 2026 (Q2 2026)

Espirito Santo ranks 25 of 27, highest first.

RankRegionUnemployment rate, Q2 2026
21Minas Gerais3.8%
22Parana3.1%
23Mato Grosso do Sul2.7%
24Rondonia2.6%
25Espirito Santo2.3%
26Mato Grosso2.2%
27Santa Catarina2.1%
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Labour force participation rate (age 14+), Q2 2026 (Q2 2026)

Espirito Santo ranks 12 of 27, highest first.

RankRegionLabour force participation rate (age 14+), Q2 2026
9Tocantins64.4%
10Roraima64.1%
11Minas Gerais64.0%
12Espirito Santo62.6%
13Amazonas61.5%
14Rio de Janeiro61.2%
15Amapa60.3%
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Informality rate of employed people, Q2 2026 (Q2 2026)

Espirito Santo ranks 16 of 27, highest first.

RankRegionInformality rate of employed people, Q2 2026
13Roraima42.7%
14Rondonia42.0%
15Rio Grande do Norte41.3%
16Espirito Santo40.0%
17Tocantins37.8%
18Rio de Janeiro37.1%
19Minas Gerais36.5%
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Average usual monthly earnings, main job, Q2 2026 (Q2 2026)

Espirito Santo ranks 11 of 27, highest first.

RankRegionAverage usual monthly earnings, main job, Q2 2026
8GoiasR$3,844
9Mato Grosso do SulR$3,731
10RondoniaR$3,720
11Espirito SantoR$3,505
12RoraimaR$3,395
13TocantinsR$3,351
14Minas GeraisR$3,341
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Average monthly household income per person, 2025 (2025)

Espirito Santo ranks 11 of 27, highest first.

RankRegionAverage monthly household income per person, 2025
8Mato Grosso do SulR$2,369
9Mato GrossoR$2,297
10Minas GeraisR$2,289
11Espirito SantoR$2,209
12TocantinsR$1,979
13RondoniaR$1,970
14RoraimaR$1,870
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Gini index of household income per person, 2025 (2025)

Espirito Santo ranks 17 of 27, highest first. Gini index: 0 means everyone has the same income, 1 means one person has all of it.

RankRegionGini index of household income per person, 2025
14Sao Paulo0.491
15Maranhao0.491
16Amazonas0.488
17Espirito Santo0.480
18Goias0.479
19Minas Gerais0.473
20Tocantins0.472
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

Average monthly household income per person (R$) (2024)

Espirito Santo ranks 9 of 27, highest first.

RankRegionAverage monthly household income per person (R$)
6ParanaR$2,408
7Mato GrossoR$2,245
8Mato Grosso do SulR$2,114
9Espirito SantoR$2,054
10GoiasR$2,051
11Minas GeraisR$1,952
12TocantinsR$1,736
Source: Instituto Brasileiro de Geografia e Estatistica (IBGE) · saved copy

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Sources

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