Economic Activities
The most important economic activities are cattle raising, commerce, and subsistence agriculture. The GDP in 2005 was R$ 18,047,000. Lontra is in the bottom tier of municipalities in the state with regard to economic and social development. It suffers from isolation, poor soils, and periodic drought. As of 2007 there were no banking agencies in the town. There was a small retail commerce serving the surrounding area of cattle and agricultural lands. In the rural area there were 304 establishments employing about 1,300 workers. Only 05 of the farms had tractors. There were 115 automobiles in all of the municipality. There were 8,500 head of cattle in 2006. The crops with a planted area of more than 50 hectares were beans, sugarcane and corn.
Read more about this topic: Lontra, Minas Gerais
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