Campo Grande - Economy

Economy

Most of the city's active labor is absorbed by the tertiary sector (commerce and services). In spite of that, the primary and secondary sectors, especially agribusiness, still play an important role in the local economy. The farming of bovine livestock supplies local slaughterhouses, which in turn allows Campo Grande to export meat to other states in Brazil and abroad. In addition to food processing and agribusiness, construction and non-metallic mineral processing are important. The area's most important crops are soy, rice and manioc. Recently, sugar cane is becoming important as well. According to IBGE, Campo Grande has a total of 11,657 commercial and 1,300 industrial enterprises.

The city's GDP was R$11,6 billion (about of US$7,2 billions) in 2009, ranks as the richest city in the state, the fourth in the Central-West region of the country, and the 36th richest in Brazil (2009).

Per capita income was R$14.091 in 2008 (about of US$8,750).

Read more about this topic:  Campo Grande

Famous quotes containing the word economy:

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)