Economy Of The State Of São Paulo
The economy of the state of São Paulo is developed and holds the highest GDP among Brazilian states, producing, in 2020, around 2.326 trillion Reais (31.6% of GDP), and the second largest GDP ''per capita'' (BRL 48,542.24 in 2018). Being the richest state and population of Brazil, is its main financial center and one of the main centers in the world. The third largest economy and the third largest consumer market in Latin America, occupies the 21st position in the ''ranking'' of the largest economies on the planet, ahead of countries such as Argentina, Belgium, Chile and Singapore. Thanks to its enormous economic strength, São Paulo is known as "the locomotive of Brazil". The São Paulo economy, developed and heterogeneous, is fueled by abundant natural resources, a well-developed infrastructure, high productivity and a highly qualified workforce, with 70% of the qualified workforce in the country. São Paulo is currently a leader in several sectors of the Brazilian eco ...
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São Paulo (state)
São Paulo (, ) is one of the Federative units of Brazil, 26 states of the Brazil, Federative Republic of Brazil and is named after Paul the Apostle, Saint Paul of Tarsus. It is located in the Southeast Region, Brazil, Southeast Region and is bordered by the states of Minas Gerais to the north and northeast, Paraná (state), Paraná to the south, Rio de Janeiro (state), Rio de Janeiro to the east and Mato Grosso do Sul to the west, in addition to the Atlantic Ocean to the southeast. It is divided into List of municipalities in São Paulo, 645 municipalities. The total area is km2, which is equivalent to 2.9% of Brazil's surface, being slightly larger than the United Kingdom. Its capital is the São Paulo, municipality of São Paulo. With more than 44 million inhabitants in 2022, São Paulo is the Federative units of Brazil#List, most populous Brazilian state (around 22% of the Brazilian population), the List of first-level administrative divisions by population, world's 28th-mos ...
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