Caldas Novas - Economy

Economy

The main source of income of the municipality is tourism. Caldas Novas is known throughout Brazil as one of the largest hydrothermal resorts in the world so in the high season the city receives as many as 100,000 tourists and at carnival as many as 300,000 people. Almost two thousand people are employed in this sector. The infrastructure of the city has more than 80 hotels and pensions (12,000 beds), (many with heated swimming pools and all with hot water produced by the natural thermal system), chalets, clubs, nightclubs, bars and restaurants. (All data are from Sepin/IBGE)

Economic Data (2007)

  • Industrial establishments: 144
  • Financial Institutions in 2007: Banco do Brasil S.A. - Bradesco S.A. - Banco Itaú S.A. - CEF - HSBC Bank Brasil S.A. -Banco Multiplo
  • Dairies: Laticínios Serina Ltda.; - Coop. M. dos Prod. de Leite de Morrinhos Ltda.
  • Retail establishments in 2007: 1,282
  • Industrial district: Distrito Agroindustrial de Caldas Novas (June/2006)
  • Automobiles: 10,500 (2007)

Main agricultural products in ha.(2006)

  • cotton: 120
  • rice: 600
  • banana: 20
  • coconut: 20
  • oranges: 220
  • lemon: 15
  • corn: 3,600
  • soybeans: 15,600
  • sorghum: 1,200

Farm Data (2006)in ha.

  • Number of farms: 551
  • Total area: 79,324
  • Area of permanent crops: 114
  • Area of perennial crops: 17,634
  • Area of natural pasture: 40,770
  • Persons dependent on farming: 1,100
  • Farms with tractors: 136
  • Number of tractors: 211 IBGE

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